Written on February 4, 2012 by Cheryl Rankins
All it took for former state Rep. Robert Molaro to nearly double his public pension was spending one month as an aide to Ald. Ed Burke, the powerful chairman of the Chicago City Council’s Finance Committee. Among Molaro’s duties: Write a 19-page white paper about Chicago’s ailing pension funds. For his services, the former lawmaker was paid $12,000. That paycheck sent his pension soaring, as many lawmakers’ benefits are based on 85 percent of their final pay on the last day of service. When Molaro officially retired on Jan. 1, 2009, his pensionable salary would be calculated at $144,000 the amount he would have earned had he worked for Burke for a full year. Just one month earlier, on Dec. 4, 2008, Molaro had resigned from the state Legislature after serving about 15 years in the House and the Senate, making him eligible to receive a pension of about $64,000 based on his roughly $75,000 salary. But he didn’t file for his benefits right away. Read more…
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Written on January 24, 2012 by Wiley Hayden
When it comes to the Apple rumor mill, it’s never too soon to start gossiping about gadgets.
Even as Apple revels in the unprecedented success of the iPhone 4S launched this October, speculation is rife about the launch of iPad 3 and the iPhone 5.
iLounge reports that a well-trusted source suggests both the gadgets could gain in size when released in 2012. The iPhone 5 is on track to be introduced in summer of 2012, and is still in the engineering phase, not early production.
Apple iPad 3 to be thicker:- Though not much is known about the iPad 3, details posted online by iLounge indicate the next generation model will be 0.7 mm thicker than its predecessor. According to iLounge, the next iPhone, still in the early stages of development, will not use the tapered “teardrop” design as was rumored.
It is rumored that the iPad 3 will be upgraded to a retina display of 2048 x 1536 resolutions, double that of the iPad 2. The n
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Written on January 22, 2012 by Cheryl Rankins
Jerry Ferrara, who played the pot-smoking gofer Turtle on “Entourage,” needs a bigger shell to hide from the tax man. The IRS just hit the 32-year-old Brooklyn native with a $648,000 delinquent tax bill.
The tax lien landed two months after the end of “Entourage’s” eighth and final season.
Interesting local connection: In 2004, “Entourage” costar Jeremy Piven, who starred as agent Ari Gold, paid $3.5 million for an oceanfront home in Malibu, Calif., owned by former Detroit Red Wings defenseman Chris Chelios.
What’s owed:
- The IRS filed a $648,420 lien against Ferrara on Nov. 23 with the New York City Register’s Office.
His side:
Ferrara could not be reached for comment.
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Written on January 20, 2012 by Julia Woodard
Q: Where is the list for probate properties that are for sale in Los Angeles?
A: There is no list. However, posting for upcoming petitions in the Central District can be found on the 1st Floor of the Stanley Mosk Courthouse. Each Courthouse has a posting area of their upcoming petitions as well.
Q: Does the Court provide a list of probated property?
A: The Court does not provide such a list.
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Written on January 16, 2012 by Julia Woodard
Is it possible to rebuild your own credit? If you have a poor credit score or perhaps bad credit history, exactly what can you do to correct it? The very good news is that there are steps you can do by yourself to improve bad credit. However, it is critical to remember that repairing bad credit needs time to work. Complete credit rehabilitation can’t be done right away.
How long will it take for you to get out of bad credit? The length of time it will take to be able to repair bad credit depends upon the situation. Needless to say, in the event you now have a credit score way below average, you need a little more time to work for enhancement. It may take anywhere from six months to a year or a few years to achieve a great standing, depending on the steps you’re taking to boost your own credit.
The sooner you start rebuilding bad credit, the sooner you are able to get back great credit also. So, don’t feel sad if your current credit isn’t ideal.
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