Posted on 04/23/2010 9:36:44 PM PDT by CaroleL
Broadway Bank, owned by the family of Illinois Treasurer, Senate Candidate and Barack Obama ally Alexi Giannoulias (D), was shut down by federal regulators on Friday. While Mr. Giannoulias tried to portray his "father's bank" as a victim of a bad economy, his political opponent sees it differently. A spokeswoman for US Representative Mark Kirk (R) said, "While years of risky lending schemes, hot money investments and loans to organized crime led to today's failure, it's a sad day for Broadway Bank employees who may lose their jobs due to Mr. Giannoulias' reckless business practices."
(Excerpt) Read more at talkingsides.com ...
oh, c’mon .. that Kirk statement was so over the top. Where would they ever find organized crime in Illinois?
I guess he can now run fulltime for the senate...
I guess in Illinois he will be rewarded by a four or five point jump in the polls.
He’s earned his street cred now...
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