Chicago has a long and rich history of nepotism and this latest example shows that it's still business as usual. James J. Banks, the nephew of 36th Ward Ald. William Banks, is known as an attorney who represents developers before the City Council Zoning Committee, which is chaired by his uncle the alderman. But James is also the chairman of the Belmont Bank & Trust, which appears to be a private piggy bank for some developers and the Banks family. more ›