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Chicago Teacher's Union
Quick Hit
by Matthew Blake
Mon Mar 12, 2012

Legal Challenge Continues Over CPS School Actions

A Cook County judge Friday threw out a lawsuit by a group of Local School Council members regarding school actions by the Chicago Public Schools. But the narrow ruling invites further legal challenge. The plaintiffs will now make an amended complaint before March 24, and also plan to take federal action against the Chicago Board of Education. Read more »

Quick Hit
Wed Jul 6, 2011

CTU Fights Back On Interest-Rate Swaps (UPDATED)

When we first reported on interest-rate swap deals in May, the advocacy group National People's Action told Progress Illinois that it takes a huge amount of pressure for big banks to renegotiate rates.

And the Chicago Teacher’s Union is apparently taking that advice to heart. The union is again ramping up their continuous pressure on Bank of America and other big banks to re-negotiate interest-rate swaps with the Chicago Public Schools system. The union is hosting a march and rally Wednesday evening with 200 of its members after a cordial, but not fruitful, meeting on Tuesday with bank officials.
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