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Saturday, June 29, 2013

Schooling in the Ownership Society: The Chicago money man behind Rahm

Schooling in the Ownership Society: The Chicago money man behind Rahm:

The Chicago money man behind Rahm

Michael Sacks, far right, then-Deputy Mayor Mark Angel. 
I call Rahm the "Little Emperor" because of his bullying approach to management. But the emperor doesn't say boo without getting the nod from his big-money patrons in the Civic Committee. Chief among those is behind-the-scenes operator Michael Sacks, CEO of Grosvenor Capital Management, one of the world's largest hedge funds.

Sacks has known the Little Emperor since Rahm left the Clinton White House in the late 1990s tobecome an investment banker.

Word is, he's the link between Mr. Emanuel and the