Loop Capital Markets - Follow The Money

Greetings and salutations fellow ATS members, writers, lurkers, spooks, bots, trolls, shills, and sundry!

Today I bring to you this thread in which we will be taking a look at Loop Capital Markets as a direct result of a Q crumb. I humbly ask that any and all discussion of the validity, intent, and or other such bickering be left out of this thread and that we focus instead on the content of the message rather than the method of delivery.

The very first mention of Loop Capital on ATS is this post by Denoli:

▶Q !UW.yye1fxo 01/05/18 (Fri) 16:12:23 ab7ad6 No.248590>>248600 >>248605 >>248606 >>248608 >>248612 >>248615 >>248616 >>248618 >>248619 >>248620 >>248623
Follow the MONEY.
Loop Capital Markets.
Happy Hunting.
BIG NEXT WEEK.
Q

Just who is Loop Capital Markets and why would our attention be drawn to them with the added emphasis of, "Follow the MONEY?"

Key Executives For Loop Capital Markets LLC

James Reynolds Jr., CFA 70 Relationships Chief Executive Officer and Chairman 63

Kourtney Kristine Ratliff Gibson No Relationships President --

Albert R. Grace Jr., J.D. 18 Relationships Co-Founder and President Emeritus --

Tasha Henderson CPA No Relationships Chief Financial Officer --

Darrell A. Williams 14 Relationships Chief Operating Officer 55

Sidney R. Dillard 52 Relationships Head of Corporate Investment Banking Division and Partner --

Rita Ho No Relationships Managing Director of Fixed Income Division and Head of Short Term Municipal Securities --

Lou Segalini No Relationships Partner at Fixed Income Division and Head of Municipal Sales and Trading --

James Toland No Relationships Senior Vice President

Bloomberg



Muckety Map

Taking a closer look at CEO Reynolds:

James Reynolds, who has raised more than $200,000 for the Obama campaign, is chief executive of Loop Capital Markets, a Chicago investment banking firm that specializes in municipal finance.

He began raising money for Obama more than a decade ago, and opened his Hyde Park home for one of Obama's first fundraisers during the 2004 Senate race, according to Hermene Hartman, a mutual friend.

"Jim and Barack are very close friends and have been for a long time," said Leslie Bond, a Chicago money manager and Obama fundraiser.

In 2003, Loop Capital Markets was seeking municipal bond business in Philadelphia when Reynolds began dealing with lawyer Ronald White, a confidant of then-mayor John Street. The FBI was tapping White's phone.

Municipal finance contracts — fees to lawyers, bankers and accountants who help cities borrow money by floating bonds — are frequently awarded without competitive bidding.

In Philadelphia, many were handed out with political considerations in mind, the wiretaps revealed.

Loop was awarded two no-bid contracts worth nearly $300,000, according to a later indictment of Philadelphia City Treasurer Corey Kemp.

Reynolds agreed to pay $30,000 to a shell company controlled by White's paramour, Janice Knight, according to court records. "I'll keep you out of it," Reynolds told White in an April 2003 conversation recorded by the FBI.

Municipal bond brokers are required by the Municipal Securities Rulemaking Board to disclose consulting relationships. Philadelphia Assistant U.S. Attorney Robert Zausmer said during the trial that White didn't want to be publicly linked with Loop because he didn't want his lobbying scrutinized.

Kemp got 10 years in prison for fraud and conspiracy.

Knight was convicted of lying to the FBI about the consulting contract with Reynold's firm and was sentenced to 5½ months in prison. White died of cancer in 2004 before going to trial.

Fundraisers linked to corruption cases - ABC News

Looking at more Money into the Obama political machine we also See Ariel Investments, Capri Capital Partners:

Although much of Obama's success can be attributed to his vision, personal skills, and leadership appeal, no small amount of credit goes to a powerful circle of black business leaders in Chicago. In addition to Logan, they include Valerie Jarrett, CEO of real estate management firm The Habitat Co. and now co-head of Obama's transition team; Jim Reynolds, CEO of investment bank Loop Capital Markets; John Rogers, CEO of mutual fund icon Ariel Investments; Quintin Primo III, CEO of commercial real estate development company Capri Capital Partners; and Frank Clark, CEO of electrical utility Commonwealth Edison.

Obama's Chicago Business Backs Look Ahead - NBC News

More:

The goal was always “to open up doors,” said John W. Rogers Jr., the chief executive of Ariel Capital Management, one of the investment firms that received state business. “It was, as the Rev. Jesse Jackson has eloquently put it, to force other industries to have their ‘Jackie Robinson’ moment.”

...

Mr. Rogers, who also sits on the boards of the McDonald’s Corporation and other major companies, played basketball at Princeton University with Mr. Obama’s brother-in-law. James Reynolds Jr., the chief executive of Loop Capital, a brokerage firm, had been a top fund-raiser for Mr. Obama’s Congressional race.

Loyal Network Backs Obama After His Help

More:

State Sen. Barack Obama and members of an Illinois lobbying group representing politically connected minority-owned businesses launched a campaign in 2000 to pressure state pension funds to help their friends and donors.

Obama and his cohorts targeted state officials in charge of pension funds for teachers, police and firemen, and regular government employees.

Much as the Rev. Jesse Jackson had been doing for years to Fortune 500 corporations, Obama and the Alliance of Business Leaders & Entrepreneurs, or ABLE, demanded that the officials set aside at least 15 percent of pension assets for manage

...

During the 2008 presidential campaign, ABC News reported that employees of the three firms had donated $765,000 to Obama, who was also said to have used private jets owned by two of the firms.

Rogers now ranks as the third-biggest bundler for Obama, raking in $1.5 million for the president's re-election effort. He also is a $50,000 donor to pro-Obama super-PAC Priorities USA.

Holland and CEO Monica L. Walker have given $57,000 to Obama and the Democratic National Committee since 2000, according to federal campaign finance records.

Obama boasted about his success in the pension campaign during a 2007 address before the National Urban League conference.

Referring to ABLE, he declared, "some of the financial service leaders there, they came to me and said, 'You know, we are not getting any business from our own state pensions.' "

Obama was proud of his accomplishment. "In about six months, they got about a half-billion dollars' worth of business," Obama declared.

Chapter VIII: Obama's state pension scheme - Washington Examiner

What Says ATS?

This should be interesting to dig into.

Thank you Jaded.

I always knew the Chicago Symphony Orchestra was a money laundering set-up.

😎

a reply to: jadedANDcynical

Has ANYTHING or ANYONE ever come out of Chicago politics that ISNT corrupt??

Obama is quickly becoming Clinton 2.0, where anything & anyone he has connected with in his past isinvolved in corruption.

“You didn’t build that. Somebody else made that happen”

Rotten to the f#ing core.

Great Job Jan

The Chicago " Mob " has sure up'ed it's game with a little help from BHO hasn't it ! I guess it's nothing new for Politicians to help their buddies succeed through "white collar" crimes, lol, Obama just changed it to "black collar" crimes!

The sad part is that the Lives of most Black people don't matter all that much to him. A good example is Obama Presidential Center that does nothing to help crumbling Chicago areas, it does however take away public park-lands and will cost taxpayers 100 million dollars.

In its initial bid for the right to host the library, put forth on behalf of the city, the University of Chicago offered large tracts of idyllic land in Washington Park and Jackson Park as two potential sites. Almost immediately, the people of those parks’ districts began scratching their heads. “Why not build it in one of the many blighted areas?” they asked. “Why are you taking a huge chunk of our parks?” Obama’s response was essentially an ultimatum: If the library couldn’t be built in a Chicago park, he’d take it to Honolulu or New York City.

www.nationalreview.com...

Guess who's on the Counsel, yup Loop Capital.

Fourteen others will serve on the council: Ken Bennett, a senior adviser for the tourism group Choose Chicago; Marca Bristo, president and CEO of Access Living, which serves the disabled; Ellen-Blair Chube, a managing director at William Blair, an investment company; Jamie Citron, the Obama Foundation's development chief of staff; Evelyn Diaz, president of the Heartland Alliance, an anti-poverty group; Sidney Dillard, a partner at Loop Capital, an investment company; and Brett Hart, an executive vice president at United Airlines.

www.chicagotribune.com...

This is not like any other Presidential library, There will be NO archives on sight ?

Traditionally, Presidential Libraries are places where historians, academics and college students travel to dig through paperwork and hold the first drafts of speeches, letters and legislation in their hands. But without those papers on site, some have begun to ask whether the Obama Center can even attract researchers to the University of Chicago, Chicago State University or the University of Illinois. What will it mean to have those documents online rather than in a physical form for inspection? And with digital technology constantly changing, how will the National Archives and Records Administration ensure the documents will be placed online in a timely manner and accessible over time?

www.chicagotribune.com...

Obama claims this is "a gift to Chicago"...hmmm Really ? Maybe more like a clubhouse for those in the LOOP !

originally posted by: six67seven
a reply to: jadedANDcynical

Has ANYTHING or ANYONE ever come out of Chicago politics that ISNT corrupt??

Actually yes.

But that was before it was a City.

😁

I guess I am failing to see the conspiracy here. Movers and shakers network with other movers and shakers. Yes, deals get made, but it doesn't necessarily mean anything nefarious or corrupt.

As you move up in the upper echelon of finance, corporate america, law, and politics; you meet other executives and important people. That is how the game is played. That is why there is the saying, it isn't always what you know, but who you know (and what you know about who you know).

Hussein even BRAGGED ABOUT IT

In a speech to the Urban League last July, Sen. Barack Obama, D-Ill., boasted of his efforts in 2001 to help a handful of African American-owned investment firms in Chicago get a larger share of business with Illinois state pension funds. "And in six months, they got about a half-billion dollars' worth of business simply on their excellence," Obama said.

Three other minority-run firms -- Holland Capital, Loop Capital and Capri Capital Partners -- also saw hundreds of millions of assets turned over to them to manage after meeting with Obama and the state pension boards.

a reply to: Edumakated

However, just as with The Clinton's people all
around are convicted of crimes, and sent to jail.
But never the Clinton's themselves.

Same pattern here with Obama.

originally posted by: burntheships
a reply to: Edumakated

However, just as with The Clinton's people all
around are convicted of crimes, and sent to jail.
But never the Clinton's themselves.

Same pattern here with Obama.

So who has been convicted and sent to jail in the OP? None as far as I know...

All I am saying is having connections in the business world is important. That is how deals get made. Knowing influential people.

It is pretty small at the top of the pyramid. Everybody knows everybody. ESPECIALLY AMONG AFRICAN AMERICAN ELITES. Why do you think Obama went to Martha's Vineyard for his vacations? Because that is where all the movers and shakers in the black community have vacationed for a hundred years...

All the people in the OP are very prominent in Chicago and nationally. Any local based politician is going to network with them. Especially for fund raising.

a reply to: Edumakated

Public Pension fund dollars, lots of them by the way, were turned over to Obama's cronies. They then took the money that was made and fed it back to Obama as campaign donations.

And...let's take a look at someone else in the Muckety Map in the OP:

Bynoe was hired in 2008 by Chicago-based Loop Capital Markets LLC.[24] Bynoe serves as Managing Director of Corporate Finance.[25]

In August 2013, Bynoe left his executive role at Loop Capital Markets LLC to become CEO of Rewards Network, a company controlled by investor Sam Zell that offers loyalty programs for restaurants.

...

Bynoe became a partner at DLA Piper Rudnick Gray Cary LLP (US) in 1995 when he joined the firm and remains a member of the firm's Executive Committee.

...

Bynoe also was involved in the 2012 Summer Olympics, and was a backer of Barack Obama.

Wikipedia

Guess who else has history with DLA Piper?

Peter Comey

Senior Director, Real Estate Operations at DLA Piper LLP

Washington D.C. Metro Area
Real Estate

Current

DLA Piper LLP

Previous

Praedium Advisors, LLC and Procon Consulting LLC, Lowe Enterprises Real Estate Group, The George Washington University

Education

The George Washington University - School of Business

LinkedIn

But it's just networking and schmoozing, right?

originally posted by: jadedANDcynical
a reply to: Edumakated

Public Pension fund dollars, lots of them by the way, were turned over to Obama's cronies. They then took the money that was made and fed it back to Obama as campaign donations.

And...let's take a look at someone else in the Muckety Map in the OP:

Bynoe was hired in 2008 by Chicago-based Loop Capital Markets LLC.[24] Bynoe serves as Managing Director of Corporate Finance.[25]

In August 2013, Bynoe left his executive role at Loop Capital Markets LLC to become CEO of Rewards Network, a company controlled by investor Sam Zell that offers loyalty programs for restaurants.

...

Bynoe became a partner at DLA Piper Rudnick Gray Cary LLP (US) in 1995 when he joined the firm and remains a member of the firm's Executive Committee.

...

Bynoe also was involved in the 2012 Summer Olympics, and was a backer of Barack Obama.

Wikipedia

Guess who else has history with DLA Piper?

Peter Comey

Senior Director, Real Estate Operations at DLA Piper LLP

Washington D.C. Metro Area
Real Estate

Current

DLA Piper LLP

Previous

Praedium Advisors, LLC and Procon Consulting LLC, Lowe Enterprises Real Estate Group, The George Washington University

Education

The George Washington University - School of Business

LinkedIn

But it's just networking and schmoozing, right?

Yes, that is what networking and schmoozing is... you can do a muckety map with literally anyone who is even remotely prominent whether they are left or right politically. It doesn't mean anything.

Hell, I am nobody important but still no more than one or two people at most removed from all of the people in the OP, including Obama, based on the circles I've been in business and education wise.

I don't even like Obama politically, but I am still not seeing the controversy. Every business man in America is guilty then if this is the standard...

a reply to: Edumakated

From the ABC News piece in the OP:

"We're going to drain the swamp in Washington, D.C., and we're going to take on the special interests, and we're going to reform government," McCain said at a Sept. 8 rally in Missouri.

Obama echoed that sentiment during a forum on national service on Sept. 11, declaring that "Washington is broken." Obama said "the domination of special interests, the domination of lobbyists, the loss of a civic culture in Washington" led to disasters such as the bungled response to Hurricane Katrina in 2005.

Partly as a result of that rhetoric, major fundraisers and advisers to the candidates frequently have been subjects of attention in the campaign:

•Obama has acknowledged mistakes in dealing with fundraiser Antoin "Tony" Rezko, who was convicted in June in Chicago on charges of fraud, money laundering and aiding and abetting bribery. Obama has said it was "boneheaded" of him to get involved in a real estate deal with Rezko's wife, and he donated to charity about $150,000 in contributions raised by Rezko.

•James Johnson, a former CEO of Fannie Mae, stepped down as the head of Obama's vice presidential search committee in June after news accounts about below-market-rate home loans he received while sitting on the board of a subprime lender. He said in a statement that he did not want to be a distraction to the campaign.

•Tom Loeffler, a lobbyist whose clients include defense contractors and foreign interests, stepped down as McCain's national finance co-chairman in May. He was one of six McCain campaign workers, fundraisers or advisers who resigned in the wake of a new campaign policy that forbids paid staffers from working as lobbyists and bans volunteers from working for independent groups seeking to influence the presidential race.

Obama, scandal free with the help of a willing press corps.

And McCain talking about Draining the Swamp?

Really?

Looking at what we know about no name now, I find that highly humorous.

Alpha Ville, BIG in japan .

house but not the deed
powder but not the gun

Old dirty Chicago business.

Maybe they have Sinaloa Cartel connections...

a reply to: jadedANDcynical

Hmm Your debate buddy must be taking a nap.

Surely you didn’t provide any information that “would” change his mind...

/sarc

originally posted by: six67seven
a reply to: jadedANDcynical

Hmm Your debate buddy must be taking a nap.

Surely you didn’t provide any information that “would” change his mind...

/sarc

None was provided to change my mind. Simply pointing out that prominent people are linked through employers and academic institutions does not mean that there is wide spread corruption or nefarious dealings. Again, all these people are connected to some degree. I don't get what is shocking about it.

The people in the OP are major major players in Chicago and nationally. Any black politician (any politician for that matter) who is locally based in Chicago is going to be networking and schmoozing in that circle. In addition, getting business and making sales is also based a lot of times on who you know.

With that said, the Tony Rezko situation was definitely shady and Obama got a pass from the press. This is old news though.

a reply to: Edumakated

yeah, i don't really get what's supposed to be shocking or unusual about this either. seems like a non-starter.

a reply to: jadedANDcynical


I venture to say that the Q tidbit for pop-culture consumption.... is that the Loop org is a part of the 'progressive' Deep State....

which is being uncovered as the primary Hydra- "Bad Actor" which created the Constitutional Crisis now unfolding... where the DOJ/FBI/CIA/DHS/DNC were all illegally involved in trying to create a presidential election Coup... to oust Trump in a resurrected Gestapo-SS-Nazi type grasp of power

originally posted by: Edumakated

originally posted by: jadedANDcynical
a reply to: Edumakated

Public Pension fund dollars, lots of them by the way, were turned over to Obama's cronies. They then took the money that was made and fed it back to Obama as campaign donations.

And...let's take a look at someone else in the Muckety Map in the OP:

Bynoe was hired in 2008 by Chicago-based Loop Capital Markets LLC.[24] Bynoe serves as Managing Director of Corporate Finance.[25]

In August 2013, Bynoe left his executive role at Loop Capital Markets LLC to become CEO of Rewards Network, a company controlled by investor Sam Zell that offers loyalty programs for restaurants.

...

Bynoe became a partner at DLA Piper Rudnick Gray Cary LLP (US) in 1995 when he joined the firm and remains a member of the firm's Executive Committee.

...

Bynoe also was involved in the 2012 Summer Olympics, and was a backer of Barack Obama.

Wikipedia

Guess who else has history with DLA Piper?

Peter Comey

Senior Director, Real Estate Operations at DLA Piper LLP

Washington D.C. Metro Area
Real Estate

Current

DLA Piper LLP

Previous

Praedium Advisors, LLC and Procon Consulting LLC, Lowe Enterprises Real Estate Group, The George Washington University

Education

The George Washington University - School of Business

LinkedIn

But it's just networking and schmoozing, right?

Yes, that is what networking and schmoozing is... you can do a muckety map with literally anyone who is even remotely prominent whether they are left or right politically. It doesn't mean anything.

Hell, I am nobody important but still no more than one or two people at most removed from all of the people in the OP, including Obama, based on the circles I've been in business and education wise.

I don't even like Obama politically, but I am still not seeing the controversy. Every business man in America is guilty then if this is the standard...

Here's the thing, you don't network and schmooze to remove Public Pension dollars from a pension fund. That money is specifically reserved for pension holders like police officers, firefighters, teachers, etc. This is how pensions fail, someone goes in and starts removing money from the fund and over time the fund fails because it can't meet its payout obligations to its members who are supposed to receive a regular distribution from the fund. Its called stealing, not doing business.