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The [Monday] Papers

1. Deadly Weekend.

"At least 73 people were shot in one of the most violent weekends of the year in Chicago, spurred by a 7-hour period early Sunday morning when 40 people were shot," the Tribune reports.

"Between 3 p.m. Friday and 6 a.m. Monday morning, 11 people were killed and 61 people were wounded, according to Tribune data. Their ages spanned from 11 to 62 years old, and most of those shot were attacked on the South and West Sides."


Why this weekend?

"Chicago police chief of patrol Fred Waller blamed the violence on gang members who shoot into summer crowds at night . . . shooters targeted large groups at a block party, a funeral and other outdoor gatherings."


"The violence reached a peak Sunday, when 30 people were shot during a three-hour span between midnight and 3 a.m. Eight shooting incidents that morning had three or more victims. A single shooting in Gresham wounded eight people, including four teenage girls, as they stood in a courtyard," the Sun-Times reports.

"The influx of trauma patients at Stroger Hospital was so large Sunday morning, visitation was limited so relatives and friends of victims lined up outside."


"Mayor Rahm Emanuel and police Superintendent Eddie Johnson reacted angrily Monday to one of Chicago's bloodiest weekends of the year, calling on neighbors to come forward to help police stem the runaway violence," the Tribune reports.

"All of us know that this is not Chicago, what we saw," an emotional Emanuel, seeking re-election to a third term, told reporters at a news conference at the Gresham District station on the South Side. "We are better than what we saw."

No we're not. This is exactly who we are.


At least we're not Kansas City or St. Louis.

2. Who Banks Are.

"Nearly a year ago, advocates applauded PrivateBancorp and its Canadian acquirer, CIBC, for striking a deal with them to better serve low-income parts of the Chicago area, including a commitment to open two branches in underserved neighborhoods or suburbs. CIBC on June 12 announced the location of the first of the two - Bronzeville on Chicago's South Side," Steve Daniels reports for Crain's.

"There is no question that in some respects Bronzeville is underprivileged. More than a third of the inhabitants of ZIP code 60653, where the CIBC branch is going, have incomes below poverty level, according to the U.S. Census Bureau. Median income is just over $28,000 a year.

"One thing the overwhelmingly African-American neighborhood isn't lacking, though, is banks. CIBC will be the sixth, joining banks ranging from JPMorgan Chase, the largest retail lender in Chicago, to Illinois Service Federal, Chicago's sole black-owned bank. Urban Partnership Bank, which focuses on underprivileged neighborhoods, has a branch there, too. There's even a newcomer: Associated Bank of Green Bay opened a Bronzeville location in late 2016."



"It's not as if Chicago is without areas that truly are lacking in terms of affordable financial services. Austin, the largest city neighborhood geographically, has a single branch, a U.S. Bank location on West Madison Street. Urban Partnership Bank pulled out of Austin in 2016, just four years after opening the branch.

"Englewood, a neighborhood known for violent crime but also home to a new Whole Foods store, also has just one bank - again a U.S. Bank branch.

"And Woodlawn, just south of the University of Chicago and host to the forthcoming Barack Obama Presidential Center, also is served by a single bank, JPMorgan Chase.

"Just to put those numbers in context, 13 banks have 30 branches in 60614, the main ZIP code for Lincoln Park in Chicago. Chase alone has six there, according to Federal Deposit Insurance Corp. data."


"'We chose this Bronzeville location with input from our community partners who help us ensure we are meeting the needs of those we serve," Brant Ahrens, president of retail and digital banking at CIBC U.S., says in an e-mail. "We believe our range of banking solutions will allow us to provide a strong banking service to all those in the neighborhood, from first-time homebuyers to start-up small businesses to families looking for a quality banking relationship."

That's great, but PICK UP THE PHONE.


"One prominent local banker is making an unusual vow. 'Our goal is to be in every neighborhood in the city of Chicago,' says Edward Wehmer, CEO of Rosemont-based Wintrust Financial, the area's largest locally headquartered commercial bank with $28.5 billion in assets. With suburban roots, Wintrust had virtually no Chicago presence just a few years ago. But through acquisitions and branch openings it now has 20.

"The outspoken Wehmer is frank: What's holding him back in some areas is crime. He recounts an address he delivered in April to members of Year Up Chicago, a nonprofit promoting job skills for low-income young adults.

"I told them, 'Eventually, we're going to be there (all neighborhoods). But I look at the murder statistics. I don't put my people in harm's way. But I will figure it out eventually,'" he says.

Wehmer says he later received a letter from some in the audience that night respectfully challenging his assertion and saying they wanted to take him on a tour of their neighborhoods to demonstrate that statistics and reputations can be misleading.

"'I'll listen to them,' he says. 'They know their neighborhoods better than I do.'"


3. Consent.

As Chicago Justice Project executive director Tracy Siska said last week on WBEZ's Morning Shift, all the police reform in the world won't stop the violence without a radically different approach to economic development.


The consensus, by the way, among the experts on that show consulted by WBEZ, is that the main problem with the consent decree is the lack of transparency and accountability measures - more than any particular procedural concerns, though sometimes, like with recording every time a gun is pointed at someone, procedure is entangled with transparency and accountability.

4. A Tree Grows In Peotone.

* O'Hare: $8.5 billion expansion.

* Midway: $323 million "modernization."

* Peotone: Build Pendleton.

5. Monday Memory.

Rahm: I Led The Effort For A $13 Minimum Wage Five Years From Now Instead Of $15 Immediately.


New on the Beachwood today . . .

The Weekend In Chicago Rock
Featuring: Lil Uzi Vert, G Herbo, The Regrettes, The Vaccines, Greta Van Fleet, Dua Lipa, Gucci Mane, Anderson East, Catfish and the Bottlemen, Billie Eilish, Parquet Courts, Lay Zhang, Aweful, Yuridia, Tyler The Creator, .38 Special, Post Malone, Odesza, Excision, Lil Pump, Racing The Sun, The Beta Waves, Shakira, The Bumpus Hounds, The Neighbourhood, The Weeknd, Lynyrd Skynyrd, Bruno Mars, and Jack White.

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The White Sox Report: At Home With Nancy Faust
She has a Hammond B-3 with a Leslie speaker in her den.

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Cook County Republican Party Grapples With Admitting Democrats Into Leadership
'Let me introduce you to some of the fine citizens that this amendment would admit . . . '


Ghana Fest 2018
'[A]rguably the biggest Ghanaian outdoor event in North America.'

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A Revamped 'Buffy' Could Rectify The Original Slayer's Problem With Race
'But simply slipping a black Buffy into Sunnydale without making any other changes to the context in which she lives would do little to remedy the series' dubious record on people of color.'



Last Week In Chicago Rock
Featuring: Slaves, Jen Cloher, Petit Biscuit, Camila Cabelo, Franz Ferdinand, Aimee Mann, Sawyer Fredericks, Beth Bombara, Rebelution, Ben Harper & Charlie Musselwhite, Flyin' Hot Saucers, and GGOOLLDD.

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Cartridge Club Chicago - VLOG Part 2.



How The Next-Gen Pritzkers Are Spending The Family Fortune.


A sampling.


It was a progressive tax.



The Beachwood Tronc Line: Buy the ticket, take or leave the ride.


Posted on August 6, 2018

MUSIC - Chief Keef Changed The Industry.
TV - Vizio's Best Product Is You.
POLITICS - UIC: Soda Taxes Work.
SPORTS - More McCaskey Malpractice.

BOOKS - All About Poop.


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