"International Business Machines Inc. is owed $1.1 million. Office Depot Inc. is waiting for a $660,955 check. And the 17th Street Bar & Grill in Sparta is due $340.52. They are among at least 8,000 vendors including businesses, charities and government agencies waiting months for the state to pay up. At least 114 companies are due more than $1 million, according to documents from Illinois Comptroller Judy Baar Topinka.
. . . Creditors include health and education agencies, schools, charities, funeral homes, plumbing-and-heating contractors and purveyors of food, coal, clothing, electronics and pizza.
"Banks have refused us a line of credit because of the state," said David Baker, who runs the nonprofit Open Door Rehabilitation Center in Sandwich, Illinois, and is owed $880,000. "We've had a long-time relationship with bankers, but now they wonder 'What if the state never pays you?'"
DailyHerald.com : Ilinois owes creditors from funeral homes to Xerox
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1 comment:
And these are the people who take in runaway Wisconsin union sympathizers so another state can welch on its bills? Great!
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