In 1982, TransUnion was acquired as a subsidiary of Marmon Group, a holding company formed by Jay Pritzker and Robert Pritzker. It was spun off as a separate company under Pritzker control in 2005. The wealthy Pritzker family, most famous for owning the Hyatt hotel chain, began divesting the family's assets in late 2001 following the death of Jay Pritzker. Notable major divestitures include Hyatt Hotels Corp. public in 2009 and selling majority stake in TransUnion in 2010.[1] In April 2010, the Pritzker family, with Penny Pritzker as TransUnion Chair, sold controlling interest of TransUnion to a new majority owner, the Chicago-based private-equity firm Madison Dearborn Partners.[2] Madison Dearborn Partners acquired 51 percent stake in TransUnion, and the Pritzker family maintained 49 percent ownership. It is based in Chicago, Illinois.
July 29, 2013: Tourists and locals play on Ko'Olina beach on the island of Oahu, Hawaii.ReutersLawmakers in the Aloha State want to wave goodbye to their growing homeless population -- by buying them a one-way ticket off the island.Hawaii's controversial three-year Return to Home pilot program launches later this year and is being billed as a way to help the states 17,000 homeless residents, while reducing the financial burden the state has in caring for them. Under the plan, the state will pay for a one-way plane ticket for any homeless resident who can find someone on the mainland to take them in.The program, which has a $100,000 annual budget, is the brainchild of state Rep. John Mizuno, who had unsuccessfully tried to get a similar plan through the past three legislative sessions. This year, the measure was attached to a larger spending bill and squeaked through the state legislature.Critics, though, say the program is a quick fix and does nothing to address the root causes of homelessness.Patricia McManaman, director of the Department of Human Services the agency tasked with implementing the program -- told lawmakers she had reservations about the plan to send the states homeless away and questioned the programs funding. She also had a problem with language in the bill that suggests homeless people are in need of sufficient personal hygiene in order to travel something she calls an unnecessary and inappropriate stereotype.But Miz
rding to the Inspector Generals report, ECOtality was required to kick in a minimum of 20 percent of cost sharing under the $35 million in grants, and under the $100 million award, it was to match the taxpayer subsidy. But the DOE allowed ECOtality to use monthly costs of car owners and other expenses it did not directly incur to leverage the federal funds. That meant the company took on little risk in return for its subsidies, the report said.Although there is no clear legislative history on the meaning behind requiring recipients to provide cost-share, the concept is generally understood to mitigate risk, help leverage federal investments, and ensure that recipients have some skin in the game in these kinds of transactions, the IG report said.ECOtality planned a full rollout of charging stations in five major metro areas to address one of the biggest problems facing the market for electric cars range anxiety, or fear that owners wont be able to easily charge them. The goal, according to the report, was for government to stimulate the installation of so many chargers at commercial and residential locations, that places to re-power cars would be nearly as ubiquitous as gas stations.But weak demand for the electric cars resulted in a diminished need for chargers and the DOE and ECOtality sought to reach the 15,000-charging station goal by spreading the program to five more markets. The company also went heavier on home-chargers for in
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