Strategies: Chicago Transit Authority

When former McKinsey & Co. consultant Carl Lingenfelter was asked to work his magic on the ailing Chicago Transit Authority and its financially challenged $1.2 billion pension fund in November 2003, it was the latest in a string of tough, high-profile assignments.

When former McKinsey & Co. consultant Carl Lingenfelter was asked to work his magic on the ailing Chicago Transit Authority and its financially challenged $1.2 billion pension fund in November 2003, it was the latest in a string of tough, high-profile assignments.

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