In the federal corruption trial of Michael Madigan and Michael McClain, prosecutors argued that ComEd went to great lengths to please Madigan by awarding contracts to his associates, offering special treatment to his political allies, and appointing a Madigan-recommended candidate to its board of directors. The prosecution presented evidence of wiretapped conversations and emails showing the extent of Madigan’s influence over ComEd’s hiring practices and legislative agenda, alleging that Madigan used the utility company as his personal piggy bank. The trial, which includes bribery allegations involving ComEd and AT&T Illinois, marks the culmination of a long-standing federal investigation into Madigan’s alleged criminal enterprise.
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What’s the Better Stock for Dividend Investors?
Tobacco giant Altria offers a high dividend yield of 7% but faces business struggles and modest dividend increases, while pharma company Eli Lilly has a lower yield but impressive dividend growth. Altria has a longer streak of raising dividends, but Eli Lilly has seen higher increases in the past five years. Despite Altria's historical performance, Eli Lilly may be the better long-term dividend stock due to its growth opportunities and potential for future yield increases....
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