News Media

Recognized as a leading expert on community banking, company Founder and Managing Principal Justin Barr is often quoted by leading financial news outlets including The American Banker, ABC 7 News Chicago, and the Chicago Tribune, for which he has produced a series of special reports on the health of the Chicago area banking market.

Chicago Tribune, Sept. 1, 2010
Inside Financial Services
Chicago Tribune’s Becky Yerak references the Sept. 8 banking summit co-sponsored by Loan Workout Advisers. Scroll down to the end of the article.

ABC 7 News Chicago, August 20, 2010
Regulators Shut Down ShoreBank
Justin Barr comments on Goldman Sachs’ motives in investing in the highly unusual purchase of ShoreBank out of receivership, in a deal that has many of the hallmarks of open bank assistance.

Chicago Tribune, August 3, 2010
Struggling Hispanic Lender Fighting for Survival
Reporter Becky Yerak reports on steps taken by Second Federal Savings to raise capital and obtain minority designation. Click here to read about the role Loan Workout Advisers is playing in keeping the thrift in business.

Chicago Tribune, July 28, 2010
Inside Financial Services
The Chicago Tribune’s Becky Yerak discusses the purchase of Family Federal Savings of Illinois by GreenChoice Bank in a transaction that saved the 100-year-old thrift. Loan Workout Advisers, LLC advised Family Federal during the rescue. Scroll down to the second item called “Give and Take.”

American Banker, July 23, 2010
Illinois Mutual Resuscitated by Rare Regulatory Move
The American Banker covers Loan Workout Advisers’ advisory role in the rescue of Family Federal Savings of Illinois.

American Banker, Friday, July 9, 2010
An Illinois Mutual Hopes for Its Own ShoreBank-Style Rescue

Chicago Tribune, June 30, 2010
Special Report: Chicago-area Banks Losing Money

Chicago Tribune, June 15, 2010
The Barr family was referenced in a Father’s Day business feature.
Read more...

American Banker, May 14, 2010
ShoreBank's Rescue Effort Close to Hitting Its Target

American Banker, May 6, 2010
No Lack of Suitors for Illinois' Midwest

ABC 7 News Chicago, April 23 2010
FDIC: Feds Take Over Giannoulias’ Family Bank

American Banker, April 23, 2010
Packaging Failed Banks Can Stymie Small Buyers

American Banker, April 20, 2010
Green Bank Dusts Off Old Way of Salvaging Mutuals

American Banker, April 1, 2010
Regulators Hit TierOne and Midwest with Tough Enforcement Orders

Chicago Tribune, March 17, 2010
Special Report: Chicago Banks with Texas-sized Texas Ratios

Chicago Tribune, March 11, 2010
FDIC Seeks Bids on Local Banks

American Banker, March 11, 2010
FirstMerit Seeks Growth in Tough Chicago Market

American Banker, February 5, 2010
Failed-Bank Owners Sue FDIC, Alleging It's Fickle

American Banker, February 1, 2010
Loan Sales Look Better to Banks with Fresh Capital

American Banker, January 25, 2010
Midwest's Revival Plan Takes Key Step Forward

American Banker, January 15, 2010
Two Denials, Few Options for Amcore

American Banker, January 6, 2010
Amcore Says Capital Ratios Are Looking Up

Chicago Tribune, December 2, 2009
Many local banks face capital problems

Chicago Tribune, December 1, 2009
Special Report: 39 Chicago-area banks with seriously delinquent loans on books

Chicago Tribune, September 13, 2009
Special Report: More Banks Feeling Under the Weather [PDF]

Chicago Tribune, April 12, 2009
Lending trends at several Chicago-area banks on upswing

Chicago Tribune, April 12, 2009
Special Report: Who’s Doing the Lending [PDF]

Chicago Tribune, March 23, 2009
Toxic-assets plan leaves local financial community optimistic but with many questions [PDF]

Chicago Tribune, March 22, 2009
Special Report: Banks’ Vital Signs Weaken [PDF]

Chicago Tribune, January 6, 2009
Banks trying to cope with rise in bad loans [PDF]