After the war Loomis tried to make yet one more transformation--this time in his private life.
CNN's Joseph Netto and journalists Nick Loomis and Tom Walsh contributed to this report.
He will consult with general manager Mickey Loomis, whom the NFL also suspended, and owner Tom Benson.
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Loomis enjoyed direct access to the White House through Henry Stimson, who had become Secretary of War.
In 1929, foreseeing the impending market crash, Loomis and Thorne held the bulk of Bonbright's profits in cash.
In 1934, at the height of his financial power, Loomis quit Wall Street to pursue science full time.
In 1940 President Roosevelt's science adviser, Vannevar Bush, appointed Loomis to head the top-secret "Rad Lab" at MIT.
"There is no evidence that Mr. Loomis took any effective action to stop these practices, " the NFL said.
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General manager Mickey Loomis was suspended without pay for the first eight regular-season games of the 2012 season.
Citing anonymous sources, the report said it could not determine for certain whether Loomis ever used the system.
Loomis Sayles portfolio manager David Rolley expects the ultimate outcome to be something akin to a bungee jump.
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Mr Loomis, although well liked by his colleagues, is seen as more of a manager than a deal-maker.
The profiles of MacKay Shields and Loomis Sayles both state 10% street research.
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During World War I Loomis enlisted, becoming head of research and development at the Aberdeen Proving Ground in Maryland.
Saints GM Mickey Loomis starts an eight-game ban after the 2012 preseason ends.
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Loomis Sayles Funds II: Natixis Loomis Sayles Mid Cap Growth Fund (LAGRX) is my worst-rated mid-cap growth mutual fund.
When brother-in-law Landon Thorne proposed the idea that the duo buy control of Bonbright, a flagging investment firm, Loomis agreed.
In 1926 Loomis bought a huge, crumbling mock-Tudor mansion in Tuxedo Park called Tower House, where he set up the lab.
Loomis backed much of Lawrence's work, not least his uranium fission research, which led to the development of the atomic bomb.
"Kmart just seems to be the third choice for consumers behind Wal-Mart and Target, " says David Sowerby, portfolio manager for Loomis Sayles.
With its financial reserves intact, Bonbright continued to thrive in the early 1930s, while Loomis and Thorne rode out the Depression in high style.
But monetary success didn't satisfy Loomis, and he offered to support the research of a friend from his Aberdeen days--Robert Wood, an experimental physicist.
In addition to sharing Lawrence's scientific interests, Loomis, because of his investment work with utilities, appreciated the need to create an efficient high-voltage transformer.
Loomis was suspended without pay for the season's first eight regular-season games, while Vitt was suspended without pay for the first six regular-season games.
Loomis said he did not know who made the eavesdropping claim.
The league absolved Saints owner Tom Benson of any blame, but said the investigation showed Payton and general manager Mickey Loomis knew about the bounty program.
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When I finally got up from the table to network elsewhere, I gave my seat in true gentlemanly style to Carol Loomis, a fierce competitor at Fortune Magazine.
Payton will have to sit out the year, assistant coach Joe Vitt will miss six games and general manager Mickey Loomis will be suspended for half the season.
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In the end Loomis adapted better than his haughty neighbors.
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