A TRIBUTE TO 83 YEARS OF ONE-PARTY LEADERSHIP: Rahm Admits Reality: Chicago is In Decline: “Years ago, people referred to LaSalle Street because it was a financial center. Chicago had a lot of banks that were Chicago-based. There’s only one left. They’re all gone,” the mayor said.

“Imagine that. It’s not like we didn’t say it back in 2008,” Steve Bartin adds at Newsalert.

What can Rahm do to encourage new business in the city? Leave your thoughts in the comments.