Robert Sorich News Today

William Mahon, who served under Richard M. Daley, Rahm Emanuel and Lori Lightfoot, served on the board of the crooked Chicago bank.

They’re looking at ties between a dumpster company, owned by James W. Bracken III, and a former city official who was on the bank’s board, the Sun-Times has learned.

William M. Mahon was a high-ranking City Hall official under three former mayors and had close ties to the Daley family’s political organization.

Authorities say they’ve recovered $59 million toward the money lost when they shut down Washington Federal Bank for Savings, but they’re still out another $81 million, records show.

The "ComEd Four" bribery trial is likely to highlight ex-Speaker Mike Madigan’s power and the state’s blurry line between politics and crime.

Trial to raise age-old question of Illinois politicking: When do insider attempts to influence lawmakers become a crime?

He stayed on at City Hall for a month after being charged. His boss Cole Stallard got a mortgage from Washington Federal Bank for Savings while Mahon was on the bank board.