Giannoulias seeks to blunt damage, says family bank likely to fail
Democratic U.S. Senate candidate Alexi Giannoulias sought to blunt a potentially damaging political issue today about questions regarding his involvement in his family’s struggling bank, which he said he expects will likely fail in the coming months.
His family pulls $70 million out of the bank in 2007 and 2008. Now it looks like it will fail at great cost to the FDIC. And he thinks Illinois should send him to Washington.
Oh yeah, his family business helped bankroll Tony Rezko and made loans to Michael “Jaws” Giorango,, a bookmaker and pimp.
(HT: Cap'n Ed at Hot Air)
No comments:
Post a Comment