Topic - John W. Courtney

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  • President Obama stands at the White House in 2010 with Penny Pritzker, whom he named to the President's Economic Recovery Advisory Board in 2009. (Associated Press)

    Obama donors get deal; depositors get 'stiffed again'

    A billionaire Chicago family that has donated and raised hundreds of thousands of dollars for President Obama got a deal from the federal government to avoid paying all of a $460 million settlement it agreed to in the 2001 failure of a Chicago-area bank it owned, while 1,400 former depositors are still owed more than $10 million in lost savings.

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