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SXU kicks off 2009 Breakfast with Laurence Msall

Civic Federation president lays out national financial crisis’ effects on Illinois

news story imageChicago (Feb. 19, 2009) Laurence Msall, president of the Civic Federation, described America’s financial crisis and its potential effects on Illinois at 2009’s first Breakfast with the Experts event, sponsored by Saint Xavier University and the Beverly Area Planning Association. 

The breakfast took place on Thursday, Feb. 19, in the Butler Reception Room of the Warde Academic Center on SXU’s Chicago Campus.

Msall pulled no punches during his presentation and question/answer session, noting many cases where he foresees enormous shortfalls in state, county and Chicago government. He warned against Cook County borrowing to meet operational expenses, cited an increased sales tax that funded additional personnel rather than balance the county budget, noted future shortfalls for pensions, and criticized Illinois for a lack of infrastructure planning in order to be ready for federal assistance opportunities. 

“Mr. Msall’s deep understanding of government finances at every level and how all of us are affected is simply extraordinary,” said SXU Director of Community and Government Relations Maureen Connor-Kelly. “I couldn’t imagine a more timely and helpful discussion for our local business and civic leaders.”

Cook County Sheriff Thomas Dart will speak at the next breakfast on Thursday, March 12.

Tickets are $20 for the general public and $15 for BAPA Members. Space is limited and reservations are required. For more information or to buy tickets, please contact Marcia Walsh at 773-233-3100 or mwalsh@bapa.org, or visit www.bapa.org.

Breakfast with the Experts brings notable business, community and civic leaders to the south side to share insights, experience and industry knowledge with local business people. The breakfasts are interactive and designed to engage all participants through networking, keynote address, and a question-and-answer period. 

-SXU-