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Emanuel: Downtown Businesses May Be Able To Recover Profits Lost During NATO/G8

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Mayor Rahm Emanuel

Mayor Rahm Emanuel announces plans for a new building mission for Malcolm X College on the Near West Side. (Credit: CBS)

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CHICAGO (CBS) — Mayor Rahm Emanuel says some downtown businesses that lose business because of the upcoming international summits here in Chicago this spring could get compensation from the city.

As WBBM Newsradio Political Editor Craig Dellimore reports, at an unrelated event, Mayor Emanuel was asked if businesses located within the downtown security perimeter where world leaders would be staying for the NATO/G8 summits could get compensation for lost profits.

LISTEN: WBBM Newsradio Political Editor Craig Dellimore reports


“The host committee is working on it. They have a process for that,” he said.

Obviously, there are no details, and the mayor seems to downplay talk from some business leaders who suggest they might close during the summit activity.

“Nobody has decided anything,” he said. “And we’re going to make this – rather than a whole week in the city where have other types of events, usually, during the week that have an impact – this is on the weekend,” he said.

Specifically, the summit is set for May 19-21, but protest groups plan marches and rallies days before that.

Already, DePaul University has announced plans to close its Loop campus from Friday, May 18, to Monday, May 21. There has also been discussion of closing the courtrooms at the Daley Center downtown in the days surrounding the summit, according to published reports.

A notice posted earlier this month by the Vancouver-based Adbusters Culturejammers called on 50,000 protesters to come to the city durig the summit.

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  • Jim

    Not my tax dollars Rham! You wanted them here, you compensate the businesses yourself!

  • Just Axin

    Ok, the city is bankrupt and this clown thinks businesses are going to be reimbursed? Who’s gonna pay the parking meter company for lost profits when the city closes down multiple streets? And the feds are paying for all the police? I’m sure his alderpuppets will make sure he gets his way.

    • Afro

      I think Rahm should be forced to undergo a mental evaluation, he has been in the Fed so long he still thinks we can just print more money. Wake up Rahm it’s Chicago, oh raise more taxes I see send the puppets back to the round table. How about a tax on each breath we take, put flush counters on our toilets, count the squares on our toilet paper, don’t forget a tax on blinking the eye, that should be a real money grab for ya.

      • THEE Yard Ape

        I can sum this up very easily – FUK CHICAGO & ILLINOIS!!!!

  • E M R L

    This guy is nothing but a clown where’s my compensation for having to be inconviencedf or this stupid summit of nothing but politicans. You claim no cost to it’s citizens, well well canada spent over 800 million for the last summit and the protestors destroyed parts of vancuover and burnt down a hotel. I hear you every day the city’s broke raise this fee and tax that vehicle and soda. If you have all this money than pay your fair share into the employees pension plans and than they won’t be short. Rahm you fool and idoit at least us real citizens of Chicago who actually live here all the time are sick and tired of you and your lies just like Daley the little dictator! Just look on YOU TUBE as to the damage that happened in canada!

  • Afro

    Rahm and Daley were sitting on a cliff, Daley fell off why didn’t Rahm?

    Answer: Because Rahm is a little moron.

    • StupidPeopleFTW

      That was neither funny, or clever…

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