Barack Obama

Conversations Taped By The FBI ("Fundraisers: Audio Files")

Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08

James Reynolds Jr.

"James Reynolds Jr. (Jim) Co-Founded Loop Capital Markets, LLC In 1997 With The Objective, As He Puts It, "Not To Reinvent The Business But To Bring A New Level Of Sensitivity To What Each Individual Client Needs.'" (LoopCapital Web Site, www.loopcap.com, Accessed 5/20/08)

• "Loop Capital Is A Creative And Highly Client-Focused Provider Of A Broad Range Of Integrated Capital Solutions For Corporate, Governmental And Institutional Entities. We Serve Clients On A National Basis, With Headquarters In Chicago And Offices In New York City, Detroit, Hartford, Houston, Dallas, Oakland And Los Angeles." (LoopCapital Web Site, www.loopcap.com, Accessed 5/20/08)

"Beyond LCM, Mr. Reynolds Serves As A Board Member Of: The Lincoln Academy Of Illinois, Chicago State University, University Of Chicago Hospitals, University Of Chicago Laboratory School, Chicago Zoological Society, Chicago Historical Society, Scholarship Chicago, And Treasurer For The Chicago Urban League." (LoopCapital Web Site, www.loopcap.com, Accessed 5/20/08)

"In 2003, James Reynolds, A Chicago Investment Banker Who Is A Member Of Obama's National Finance Committee, Was Recorded On FBI Wiretaps Arranging What Prosecutors Said Was A "Sham' Consulting Contract With A Woman They Called The "Paramour' Of A Mayoral Adviser In Philadelphia. His Firm Later Won $300,000 Worth Of City Contracts." (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)

• "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… Are Frequently Awarded Without Competitive Bidding. In Philadelphia, Many Were Handed Out With Political Considerations In Mind, The Wiretaps Revealed." (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)

• "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." (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)

• "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. … "Reynolds Bent The Rules To Help Ron White,' Zausmer Said At Kemp's Trial." (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)

• "In A Statement, Reynolds Said, "After A Thorough Examination, No Charges Were Ever Brought Against Me … I Can Assure You, If The U.S. Attorney's Office Believed That (My Company) Or I Had Violated Any Law, They Would Have Brought Charges.' He Would Not Answer Questions." (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)

""Jim And Barack Are Very Close Friends And Have Been For A Long Time,' Said Leslie Bond, A Chicago Money Manager And Obama Fundraiser." (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)

Reynolds Is A Bundler For Obama's Presidential Campaign And Has Committed To Raising Over $200,000. (Obama For America Website, www.barackobama.com, Accessed 5/19/08)

• "[Reynolds] 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." (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)

• Reynolds Has Contributed At Least $8,000 To Obama Since 1999. (Center For Responsive Politics Web Site, www.opensecrets.org, Accessed 10/16/08)

NOTE: Executives And Employees At Loop Capital Have Contributed Over $52,000 To Obama. (Center For Responsive Politics Web Site, www.opensecrets.com, Accessed 10/16/08)

"The Obama Campaign Released A Statement That Said: "Jim Reynolds Has Admitted That He Made Mistakes, But He Has Not Been Charged With Any Wrongdoing.'" (Ken Dilanian and Matt Kelley, "Fundraisers Linked To Corruption Cases," USA Today, 10/16/08)