Posted on 10/25/2010 9:13:56 AM PDT by jazusamo
It appears that President Obama has pulled strings to help his shady banker friend win a tight U.S. Senate race by delaying an overdue federal report on his mob-connected banks failure until after the election.
Federal regulators will conveniently postpone issuing a material loss report on Illinois Senate candidate Alexi Giannoulias Chicago bank (Broadway Bank) because releasing it before the election could create "another political headache" for Giannoulias in a close contest with his Republican opponent, reports the states largest newspaper.
Currently Illinois State Treasurer, Giannoulias helped operate the family bank before it was shut down in April for unsafe banking practices that have cost U.S. taxpayers $394.3 million. For years Broadway Bank did business with convicted felons and mobsters by providing them with tens of millions of dollars in loans that inevitably fortified their criminal enterprises.
Besides giving Russian mobsters cash, Broadway Bank also gave a jailed Democratic fundraiser and longtime Obama supporter and benefactor (Antoin Rezko) millions of dollars. In fact, Giannoulias bank gave Rezko a $23 million loan while he was embroiled in a huge federal investigation. Rezko eventually got convicted for bribery, mail fraud and money laundering.
Most recently Giannoulias was embroiled in the bribery scandal masterminded by convicted Illinois Governor Rod Blagojevich. Court testimony in Blagojevichs corruption trial indicates that Giannoulias, who was subpoenaed to testify, tried to sway the disgraced governor to appoint him to Obamas old senate seat. The jury eventually convicted Blagojevich for lying to the FBI about tracking campaign contributions.
Giannoulias skeletons have not deterred Obama from campaigning hardand raising big bucksfor his unscrupulous friend and pickup basketball partner. At one recent Chicago fundraiser, the president assured that Giannoulias can be trusted and that hes committed to public service for all the right reasons.
Kirk in no friend of conservatives but Giannoulias is a creep and a crook that would just be a water boy for Obama, Axlerod and Emanual. He is completely unqualified for the office of senator like Obama was unqualified for senator, let alone the presidency.
Thanks, I didn’t know anything about either but it’s clear Zer0 isn’t bashful about stumping for his criminal friends and he has many of them.
The Dems have gone back to being Corruptocrats. Anything to win an election.
Obamao probably prefers this type of candidate. Get his corrupt Dumacrap guy elected (probably with ballot stuffing by ACORN); then if the guy gets removed from office later, he can do what he really prefers to do, i.e. appoint the successor without concern for the will of the people.
" You're one of the few Dem candidates who agreed to let me campaign with them."
"Yeah, but don't stand too close to me at the rally.
And don't mention stimulus, healthcare, TARP and summer of recovery."
" Obama, would you please take your hand off my a**?"
LOL!
Good ones. :)
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