Put It In Writing - Chicago Street Journal for November 16, 2017

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Table C: Demographic Share of Contract Dollars. NAICS TOTAL Black Hispanic Asian White Female DBE Non - DBE 1.13% 11.49% 4.34% 3.85% 20.82% 79.18% Chicago Street Journal November 16, 2017 13 Chicago Plan for 2050 Economic Indicators update The vital of the national Minority- and Women-Owned Business Enterprise program (M/WBE) is designed to promote government contracting and subcontracting opportunities for businesses certified as minority- and women-owned with a real and substantial presence. However the rate of Black businesses in the state of Illinois is still low in comparisons of it population in parity of the state and other ethnic groups. The Illinois State Toll Highway authority Disparity Study reflects earnings from such businesses, and their access to capital markets are highly relevant to the determination whether the market functions properly for all firms regardless of the race or gender of their ownership. Vincent Gilbert Regional vice President of the Illinois Black Chamber of Commerce indicated it has been demonstrated the many kinds of discriminatory barriers to minority subcontracting with a strong link between racial disparities in government's disbursements of public funds for construction contracts and the channeling of those funds due to private discrimination. The Illinois Tollway created the Department of Diversity and Strategic Development with the mission to increase access to economic opportunities for disadvantaged, minority- and women-owned enterprise firms, as well as small and veteran-owned businesses and historically underemployed individuals. The Move Illinois Program and all aspects of its operations, including contracting, consulting and the supply of goods and services is to remains focused on promoting, assisting and ensuring diverse participation said Gilbert. The first discriminatory barriers are to the formation of qualified minority subcontracting enterprises due to private discrimination, precluding from the outset competition for public construction contracts by minority enterprises. Despite the contentions of plaintiffs that possibly dozens of factors might influence the ability of any individual to succeed in business, Vincent Gilbert Regional vice President of the Illinois Black Chamber of Commerce the courts have rejected such impossible tests and held that business formation studies are not flawed because they cannot control for subjective descriptions such as “quality of education,” “culture” and “religion.” For example, in unanimously upholding the USDOT DBE Program, the courts agree that disparities between the earnings of minorityowned firms and similarly situated nonminority-owned firms and the disparities in commercial loan denial rates between Black business owners compared to similarly situated non-minority business owners are strong evidence of the continuing effects of discrimination. The Eighth Circuit Court of Appeals took a “ hard look” at the evidence Congress considered, and concluded that the legislature had spent decades compiling evidence of race discrimination in government highway contracting, of barriers to the formation of minority-owned construction businesses, and of barriers to entry. In rebuttal, [the plaintiffs] presented evidence that the data were susceptible to multiple interpretations, but they failed to present affirmative evidence that no remedial action was necessary because minority-owned small businesses enjoy non-discriminatory access to and participation in highway contracts. Thus, they failed to meet their ultimate burden to prove that the DBE program is unconstitutional on this ground. The study was undertaken as part of a continuing effort by the Tollway to ensure equal opportunities in all aspects of its Move Illinois capital program, including contracting and consulting. Technical Assistance Program • Chicago Minority Supplier Development Council •GMA Construction Group •HACIA Scholarship And Education Foundation •Illinois Hispanic Chamber Of Commerce •Illinois Black Chamber Of Commerce •Inner ‐ City Underwriting Agency •Prairie State College Diversity Program Statistics 2017 first quarter DBE payments were $25.6 million • 33.5 percent of all payments to construction and professional services firms • 41.4 percent women • 26 percent Hispanic • 18.6 percent African American • 13.7 percent Asian $254.1 million paid To DBE firms in 2016 Accounts for 25 percent Of all payments • 39.7 percent Hispanic ($100.9 million) • 27.6 percent women (($70.2 million) • 17.3 percent African American ($43.9 million) • 14.5 percent Asian ($36.9 million) DBE payments to African American firms continue to rise • The government must establish its “compelling interest” in remedying race discrimination by current “strong evidence” of the persistence of discrimination. Such evidence may consist of the entity’s “passive participation” in a system of racial exclusion says Gilbert. CMAP is developing the region's next comprehensive plan, ON TO 2050, scheduled for adoption in October 2018. withGO TO 2040, this is a highly transparent and collaborative effort involving partners and stakeholders from across the seven counties and 284 communities of northeastern Illinois. This page includes information and links to learn more about ON TO 2050's development process through materials that are complete, underway, or scheduled. We recently updated the Innovation section of the CMAP Regional Economic Indicators microsite with 2016 data suggesting that the Chicago region has experienced slower growth in innovation and entrepreneurship compared to other metropolitan areas, despite receiving 3,826 U.S. utility patents, securing $1.1 billion in venture capital, and employing nearly 550,000 science, technology, engineering, and math (STEM) workers over the last year. In related coverage, Crain's Chicago Business reported that Lake and Will counties continue to gain jobs in manufacturing, one of the economic employment clusters that CMAP monitors. Des Plaines Comprehensive Plan public meeting What should Des Plaines look like in 2030? The City of Des Plaines is working with CMAP to update its Comprehensive Plan, the document that will guide development and land use decisions in the city for years to come. Share your thoughts at a public meeting on Wednesday, October 18, from 6:00 to 8:00 p.m., at the Frisbie Senior Center (52 Northwest Hwy., Des Plaines).project is supported by CMAP’s Local Technical Assistance program.n October 2016, CMAP released the Emerging Priorities for ON TO 2050 report to identify key regional objectives based on initial analysis and public engagement that began with a public launch earlier that year. C o n t a c t E n r i q u e C a s t i l l o (ecastillo@cmap.illinois.gov or 312-386- 8689) with questions. AGRICULTURE MEN'S CLOTHING 532 E 43rd St, Chicago, IL 60653 73) 538-5500
14 November 16, 2017 Chicago Street Journal According to an anonymous online confessional, in 1991 a group of music-business bigwigs gathered outside L.A. “The meeting was held at a private residence on the outskirts of Los Angeles. I remember about 25 to 30 people being there, most of them familiar faces. Speaking to those I knew, we joked about the theme of the meeting as many of us did not care for rap music and failed to see the purpose of being invited to a private gathering to discuss its future. Among the attendees was a small group of unfamiliar faces who stayed to themselves and made no attempt to socialize beyond their circle. Based on their behavior and formal appearances, they didn’t seem to be in our industry. Our casual chatter was interrupted when we were asked to sign a confidentiality agreement preventing us from publicly discussing the information presented during the meeting. Needless to say, this intrigued and in some cases disturbed many of us. The agreement was only a page long but very clear on the matter and consequences which stated that violating the terms would result in job termination … The subject quickly changed as [a]speaker went on to tell us that the respective companies we represented had invested in a very profitable industry which could become even more rewarding with our active involvement. He explained that the companies we work for had by Alex Friedmann invested millions into the building of privately owned prisons and that our positions of influence in the music industry would actually impact the profitability of these investments. I remember many of us in the group immediately looking at each other in confusion. At the time, I didn’t know what a private prison was but I wasn’t the only one. Sure enough, someone asked what these prisons were and what any of this had to do with us. We were told that these prisons were built by privately owned companies who received funding from the government based on the number of inmates. The more inmates, the more money the government would pay these prisons. It was also made clear to us that since these prisons are privately owned, as they become publicly traded, we’d be able to buy shares … He told us that since our employers had become silent investors in this prison business, it was now in their interest to make sure that these prisons remained filled. Our job would be to help make this happen by marketing music which promotes criminal behavior, rap being the music of choice.” Without the financial support of major investors like Vanguard and Wells Fargo, CCA and GEO alone would not be strong enough to successfully lobby for policies that increase the federal government’s demand for private prisons. With these powerful allies, however, they have been able to sway public policy in favor of more severe “tough on crime” laws and the increasing criminalization of immigrants. The nation’s two largest forprofit prison companies, Tennesseebased Corrections Corporation of America (CCA) and Florida-based GEO Group (GEO), are publicly traded on the New York Stock Exchange. Other private prison firms, including Management & Training Corporation (MTC), Community Education Centers (CEC), LaSalle Southwest Corrections and Emerald Correctional Management, are privately-held and thus do not have public stock. As of July 2015, CCA had issued approximately 117 million shares of stock with a market cap of $4.05 billion, while GEO had issued around 75 million shares with a market cap of $2.76 billion. The vast majority of stock in these two companies, not everyday people or individual investors, but rather other corporations – banks, mutual fund management companies and private equity firms – as well as public employee retirement systems. In fact, around 92.4% of CCA’s stock was owned by 300 institutional investors while 91.1% of GEO Group stock was owned by 272 institutional investors at the end of July 2015. In some cases, the same institutional investors held stock in both companies. There are 29 U.S.-based major financial investors that own over one million shares of CCA and GEO combined. The following companies each own over 1 million shares of CCA and GEO, and collectively own over two-thirds of CCA and GEO: Adage Capital Partners Group LLC American Century Companies Inc. Ameriprise Financial Inc. Bank Of New York Mellon Corp. Blackrock Fund Advisors Cramer Rosenthal McGlynn LLC Diamond Hill Capital Management Eagle Asset Management Inc. Epoch Investment Partners, Inc. FMR LLC Geode Capital Management, LLC Hamlin Capital Management, LLC Hotchkis & Wiley Capital Management LLC ING Investment Management, LLC & Co. Invesco LTD. Jennison Associates, LLC Lazard Asset Management LLC London Co. Of Virginia Managed Account Advisors LLC Neuberger Berman Group LLC New South Capital Management INC Northern Trust Corp Nuveen Asset Management LLC Principal Financial Group Inc Prudential Financial Inc River Road Asset Management, LLC State Street Corp Vanguard Group INC Wells Fargo & Company Who Owns Private Prison Stock? In the mist of another case of corrupt former Chicago police Sgt. Ronald Watts and his crew, Mayor Rahm Emanuel joined Chicago Police Department (CPD) Superintendent Eddie Johnson in commemorating the graduation of 209 officers in a ceremony at Navy Pier as part of ongoing hiring plan to add nearly 1,000 officers by the end of 2018. Mayor Rahm Emanuel said. “We are investing in these graduates so they will have the tools they need to truly ‘Be The Change,’ including the roll out of body-worn cameras to every patrol officer in the city by the end of this year.” The graduating class includes 199 new police officers and celebrates the promotion of ten command staff. In addition, CPD announced the 3rd and 16th districts are the latest to receive body-worn cameras in the continued rollout of body-worn cameras to every patrol officer a by the end of this year. Today’s 199 graduating police recruits are 23% women, approximately 49% from minority backgrounds, with 31% Hispanic and 18% African-American, and includes 66% Chicago Public School graduates, 20% US military veterans, and 14% second generation Chicago Police officers, 3% third generation Chicago Police officers and two officers representing fourth generation CPD. Police recruits spent five months at the Police Academy and will now begin their one-year probationary period, which includes three months training with a Field Training officer and district patrol functions. In addition to the new police recruits graduating, CPD is celebrating new promotions. This includes the appointment of Deputy Chief Dwayne Betts to lead new Office of Community Policing, announced earlier this month, as part of the Department’s adoption of the Community Policing Advisory Panel recommendations and focus on instilling community policing as a philosophy at every level in an effort to rebuild public integrity and make Chicago safer. CPD is also recognizing the promotion of four new District Commanders, in the 15th (Austin), 12th (Near West), 9th (Deering) and 3rd (Grand Crossing) districts, as well as five new Captains. In total, half of the promotions among the new command staff are African-Americans. Since the beginning of 2017, 903 new recruits, 52 Lieutenants, 142 Sergeants, 270 Detectives and 119 Field Training Officers have entered the Academy. As part of the hiring effort, in October, the City announced it had invited 14,020 individuals to take the December Police Entry Exam. This is the second exam of the year and underscores CPD’s commitment to achieving its hiring goals while also laying the groundwork for a more diverse department. The Better Government Association analysis shows just how dearly: $106 million in 2014 and 2015 alone, covering misconduct-related settlements, judgments, legal fees and other costs. All told, Chicago’s municipal government – under Mayor Rahm Emanuel and his predecessor, former Mayor Richard M. Daley – spent nearly $642 million on alleged police misconduct over more than a decade, from 2004 through 2015, according to interviews and city records.
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Put It In Writing - Chicago Street Journal for November 16, 2017

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