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Feds Protect Obama’s Mob Banker Senate Candidate (Obama stumps for Alexi Giannoulias)
Judicial Watch ^ | October 25, 2010

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 bank’s 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 state’s 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 Blagojevich’s corruption trial indicates that Giannoulias, who was subpoenaed to testify, tried to sway the disgraced governor to appoint him to Obama’s 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 hard—and raising big bucks—for his unscrupulous friend and pickup basketball partner. At one recent Chicago fundraiser, the president assured that Giannoulias can be trusted and that he’s committed to public service for “all the right reasons.”



TOPICS: Crime/Corruption; Extended News; Politics/Elections; US: Illinois
KEYWORDS: alexigiannoulias; blagojevich; corruption; giannoulias; illinois; obama; rezko

1 posted on 10/25/2010 9:14:03 AM PDT by jazusamo
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To: jazusamo
Please bump the Freepathon and donate or become a monthly donor!

2 posted on 10/25/2010 9:24:36 AM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

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.


3 posted on 10/25/2010 9:25:40 AM PDT by BobinIL
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To: BobinIL

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.


4 posted on 10/25/2010 9:30:02 AM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

The Dems have gone back to being Corruptocrats. Anything to win an election.


5 posted on 10/25/2010 9:57:22 AM PDT by popdonnelly (Class warfare is Obama's thing.)
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To: jazusamo

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.


6 posted on 10/25/2010 9:59:18 AM PDT by BMCinSC
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To: jazusamo

" 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."

7 posted on 10/25/2010 4:20:33 PM PDT by Liz (Nov 2 will be one more stitch in Obama's political shroud.)
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To: All

" Obama, would you please take your hand off my a**?"

8 posted on 10/25/2010 4:22:42 PM PDT by Liz (Nov 2 will be one more stitch in Obama's political shroud.)
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To: Liz

LOL!

Good ones. :)


9 posted on 10/25/2010 4:34:33 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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