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Mark Brown: What report on meter deal is really saying | Sun-Times | 6/3/2009

Chicago Inspector General David Hoffman became the latest person Tuesday to unload on the city's $1.15 billion parking meter lease deal, calling it a "dubious financial deal" and unfortunately leaving the impression that taxpayers got cheated out of $1 billion in the process.

So, let's try to clear this up before it takes its place alongside other nuggets of misinformation that find their way into the public's consciousness and can't be dislodged.

No matter what you thought you read or heard elsewhere, Hoffman did not, repeat did not, report Monday that the city of Chicago could have gotten an additional $1 billion more for leasing its parking meters.

Read Mark Brown's column in the Sun-Times...