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Feds say Patrick Daley Thompson lied, claimed he made payments on loans from failed Bridgeport bank

Patrick Daley Thompson lied, claimed he made payments on loans from Bridgeport s failed Washington Federal Bank for Savings, feds say

Chicago alderman pleads not guilty to federal charges in bank probe

CHICAGO — Alderman Patrick Daley Thompson, grandson and nephew of two legendary Chicago mayors, pleaded not guilty Thursday to federal charges stemming from an investigation into the collapse of a clout-heavy bank in his family’s longtime Bridgeport neighborhood. Thompson, 51, entered his plea during an arraignment by telephone before U.S. District Judge Franklin Valderrama, who set a recognizance bond for Thompson. The alderman spoke only briefly during the 30-minute hearing, answering, “Yes your honor” when asked if he was prepared to go forward with the arraignment remotely. Meanwhile, Thompson’s lawyer, Chris Gair, made several inferences to the weakness of the charges and said he was seeking a speedy trial to clear the alderman’s name.

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 “just punitive.” Gair also asked the judge about a trial date after repeatedly saying he wants to clear Thompson’s name. Meanwhile, Assistant U.S. Attorney Brian Netols told the judge Thompson had declined to be interviewed by court personnel ahead of the hearing, telling the judge the alderman “doesn’t want to participate in the process” and “made your job more difficult.”

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