May 14, 2012
The newspapers around Detroit are filled with stories about corruption surrounding former Detroit Mayor Kwame Kilpatrick and his gang. What rarely gets mentioned is the much more enormous and vicious corruption linking him to his rich backers who have bled the city white.
People like Dan Gilbert, CEO of Quicken Loans, for example. Gilbert got a little unwelcome press, recently, when he applied for a gambling license for a casino he wants to open in Cleveland. A background check revealed a $60,000 “loan” he made to Kilpatrick – just part of a $240,000 “loan” from him, Roger Penske, Compuware CEO Peter Karmanos, and PVS Chemicals CEO Jim Nicholson, to get Kilpatrick to shuffle off to Houston.
Kilpatrick, by comparison to these guys, is a choir boy.