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Attorney Robert Kowalski allegedly at center of looted Bridgeport bank has long ties to City Hall, powerful players

Ashlee Rezin/Sun-Times file The attorney and developer at the center of an embezzlement scandal at a failed bank in Bridgeport has a long history with City Hall and key political players, according to city records and court documents. Chicago attorney and developer Robert M. Kowalski is accused of embezzling at least $31 million from Washington Federal Bank for Savings, which operated in the political fiefdom of the Daley family for generations. Under Mayor Richard M. Daley, Kowalski was allowe...
United States Richardm Daley Patrick Daley Edwardm Burke Johnf Gembara Robertm Kowalski

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Ald. Patrick Daley Thompson pleads not guilty to federal indictment

Sun-Times file Ald. Patrick Daley Thompson pleaded not guilty to federal criminal charges related to a failed Bridgeport bank during an unusually contentious arraignment Thursday. Lawyers argued during the hearing — held by telephone before U.S. District Judge Franklin Valderrama — about whether Thompson should have to turn his passport over to the government while awaiting trial. The condition is routine for defendants charged in federal court. But defense attorney Chris Gair called it �...
United States Park Ridge Patrick Daley Thompson Franklin Valderrama Chris Gair Marek Matczuk

A tale of two once-proud banks for immigrants on Chicago's Southwest Side | Letters

John F. Gembara, grandson of the founder of Washington Federal Bank for Savings in Bridgeport, was found dead, reportedly of suicide, in a client’s home shortly before the bank was shuttered. 1913 was a good year for European immigrants and their children seeking home ownership on Chicago’s Southwest Side. That year saw the creation of two savings banks just three miles apart, one in Brighton Park and the other in Bridgeport. I know about the first one, Grunwald Savings, because it was ...
United States Glen Ellyn Brighton Park Carl Obrzut Garfield Ridge Walt Zlotow

Feds charge owner of home where Bridgeport bank president John Gembara died as massive fraud case expands

Washington Federal Bank for Savings President John F. Gembara was found dead in the home of Marek Matczuk, who now is among four new defendants in the growing bank fraud case. The man who owns the million-dollar Park Ridge home where a failed Bridgeport bank president’s dead body was discovered three years ago now faces criminal charges as the investigation into “massive fraud” at Washington Federal Bank for Savings expands. The homeowner, Marek Matczuk, is among four new defendants accus...
United States Park Ridge Adam Sheppard Jamesr Crotty Boguslaw Kasprowicz Robert Kowalski

LIGHTFOOT: WHY IS BURKE STILL HERE? — MADIGAN PASSES THE TORCH (AGAIN) — PARTY POLITICS — HARMON's GOT JUICE

POLITICO Get the Illinois Playbook newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by Uber Driver Stories TGIF, Illinois. We’ve had some week. Cheers to a quiet weekend (please). TOP TALKER Chicago Mayor Lori Li...
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Patrick Daley Thompson's secret deal from Bridgeport bank shut down for 'massive fraud'

Chicago alderman bought a summer home in New Buffalo, Michigan, with an unrecorded loan from Washington Federal Bank for Savings — and now is under investigation for claiming deductions on his tax returns for interest authorities found he never paid, sources tell the Sun-Times.
Cook County United States New Buffalo Park Ridge Calumet City Berrien County

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