THIS WEEK BY TIM NOVAK & CHRIS FUSCO Jun 6, 2011 6:53AM
For years, City Hall maintained that Mayor Richard M. Daley’s son, Patrick Daley, had no financial stake in the deal that brought wireless Internet service to city-owned O’Hare Airport and Midway Airport.
But it turns out that the younger Daley still reaped a windfall of $708,999 when Concourse Communications was sold in 2006, less than a year after the Chicago company signed the multimillion-dollar Wi-Fi contract with his father’s administration, company documents obtained by the Chicago Sun-Times show.
Concourse disclosed its investors to the city, as required. Patrick Daley wasn’t one of them.