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  • ( ) Feds probe J. Markovich insurance policies

    HAMMOND | Government prosecutors are investigating whether former Lake County Council President and federal convict Joel Markovich has any money in life insurance policies they could take.Markovich, who pleaded guilty in federal court on August 2004 to pouring concrete as part of East Chicago's sidewalks-for-votes scandal, was ordered to pay $755,088 in restitution as part of his punishment. He already has served an 18-month federal prison sentence in the same case.To date, he has paid $16,285, court records show.But Markovich's life insurance company, Northwestern Mutual, complied with a government request for information last week to report the East Chicagoan has two policies with a total net worth of nearly $200,000. The policies would be worth about $25,500 if cashed out today, court records indicate.One of Markovich's defense attorneys, James Meyer, said it's standard procedure for the government to gather information on insurance policies for defendants who owe large amounts of restitution.Although prosecutors typically would not force someone to accept a cash payout, the total net worth of the policies could become a factor in negotiations about future restitution payments, Meyer said.Mary Hatton, spokeswoman for the U.S. More>>

  • ( ) Playing favorites

    So I pulled out the media guide, combed through the long list and came up with this:

    I'm thinking the new answer might be Ted Purdy.

    Now, I don't know Purdy well. But I'm partial to personality and the few times I've been around him he's been funny and real. He can light up a notebook. He can provide a money anecdote. He'll talk nicely after a 77. And he'll make conversation first.

    Thing is, there are a lot of good guys in golf, a lot of guys devoid of the me-generation narcissism gene. It's hard to pick one, and it's not easy naming names without running the risk of slighting someone worthy. In my case, it's hard not to name the jovial Jason Gore No. 1. I mean, during his magical summer of 2005, he did a live national radio interview with me at 5:20 a.m. More>>

  • ( ) Feds probe J. Markovich insurance policies

    HAMMOND | Government prosecutors are investigating whether former Lake County Council President and federal convict Joel Markovich has any money in life insurance policies they could take.Markovich, who pleaded guilty in federal court on August 2004 to pouring concrete as part of East Chicago's sidewalks-for-votes scandal, was ordered to pay $755,088 in restitution as part of his punishment. He already has served an 18-month federal prison sentence in the same case.To date, he has paid $16,285, court records show.But Markovich's life insurance company, Northwestern Mutual, complied with a government request for information last week to report the East Chicagoan has two policies with a total net worth of nearly $200,000. The policies would be worth about $25,500 if cashed out today, court records indicate.One of Markovich's defense attorneys, James Meyer, said it's standard procedure for the government to gather information on insurance policies for defendants who owe large amounts of restitution.Although prosecutors typically would not force someone to accept a cash payout, the total net worth of the policies could become a factor in negotiations about future restitution payments, Meyer said.Mary Hatton, spokeswoman for the U.S. More>>

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