Sunday, February 28, 2010

Alexi Giannoulias, The Perfect Democrat for US Senate

Alexi Giannoulias may be the ideal Democrat candidate for the U.S. Senate. He already has the requisite stench of corruption, after all, with mob ties and all. He and his family have even shown that their expertise in handling large amounts of money is about as good as any Democrat already in the U.S. Senate. The Giannoulias family's troubled Broadway Bank, in Chicago, is virtually bust, and must "attract at least $75 million in capital by late April to meet terms of a consent order with the Federal Deposit Insurance Corp. prompted by losses on commercial real-estate loans," according to BusinessWeek. "Even if successful, the family could lose control before November’s election, dealing a blow to Democrats and an Obama friend." Alexi Giannoulias is a close friend of Barack Obama, and they share another close acquaintance: Tony Rezko. BusinessWeek notes that "Some of the Broadway loans that have generated controversy involve Michael Giorango, a convicted bookmaker and prostitution-ring promoter. It has also made loans to convicted Illinois influence peddler Antoin 'Tony' Rezko and a family accused of having connections to organized crime." Giorango was actually convicted twice of federal bookmaking charges and also of promoting a nationwide prostitution operation. Michael "Jaws" Giorango is just one of Giannoulias' scummy acquaintances. Giannoulias has said that Giorango is "not a friend," but just "a customer” of his family's bank. “Any banker can tell you that you pull a credit report," Giannoulias said in March, 2006, "you look at their economic background. You don’t always get a criminal background. We’re a commercial real estate lender. We deal with thousands of clients.” However, in April, 2006 Giannoulias admitted that "he discussed with convicted bookmaker and prostitution ring promoter Michael Giorango his criminal past." Rezko. Giorango. Blagojevich. A broken bank. The perfect Illinois Democrat. He'll fit right into the U.S. Senate. Unless, of course, Republican challenger Mark Kirk defeats him in November. Credit: The "Alexi the Mob Banker" graphic by Warner T. Huston. RELATED: Suits awaken old ghosts for Giannoulias Marathon Pundit: Ethically challenged Chicago Democrat Giannoulias ... Giannoulias's Bank Funded Radical Anti-Israel Group ... BackyardConservative: Alexi in the Hot Seat Speaker Pelosi Blocks Investigations of Corrupt Democrats Video: Mark Kirk Ties Alexi Giannoulias' Broadway Bank To Chicago Mob Illinois Democrats no cure for what ails Obama The Corrupt Democrats Blagojevich, Rezko, and The Mob. Alexi Giannoulias would make Tony Soprano Proud Feds Target Rampant Democrat Corruption... Democrat Corruption has turned Capitol Hill into Tammany Hill ... No. 05-443: Giorango v. United States - Opposition Leave a Comment * Conservative T-Shirts * Follow CNB on Twitter * RSS Feed