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The Bank Shot

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Illinois Treasurer Alexi Giannoulias must think he's coated in Teflon if he believes the shot federal banking regulators took in closing his family's bank won't make a difference in his U.S. Senate race. And, what must state Democrats be thinking now that more of the party's dirty laundry is out in the open? Where's Scott Lee Cohen when you need him?

In a statement, the game Democrat and buddy of President Obama said over the weekend his campaign "goes forward with a renewed determination to turn Illinois' economy around and to fix what's broken in Washington, D.C." Uh-huh. At least Lexi won't have to do anymore explaining about the odd loans that were generated at Chicago's Broadway Bank, some of them on his watch before he was elected state treasurer. The bank, where Giannoulias was a senior loan officer, lost $75 million last year and the feds said his family had to raise at least $85 million to keep afloat.

But this is one candidate who can't say he wants to bring business practices to government. Let's see, the state is on the verge of bankruptcy and the business of the candidate at the top of the ticket just went belly up. What else can go wrong? How about Rod Blagojevich wanting the president to testify at his trial?

Only in Illinois.

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1 Comments

uh huh, and please tell your readers What has "Mark" done for the poorest of the poor parts of that rich county lately. Maybe he and his party, GOP should've Regulated the financial institutions the 8 years they were in office. How long has "Mark" been around that county doing NOTHING!

THE HOUND SAYS: Obviously, Sara, who isn't smiling, you don't live in Lake County or you would know what Mark Kirk has done here since his election to Congress in 2000. 'The Bankshot" had nothing to do with Capt. Kirk, but Treasurer Giannoulias who asks us to take a leap of faith and buy into his questionable banking practices and stewardship of the state's Bright Star program. As November grows closer, we will see what 'Lexi has done for Lake County, which so far, has been nil.

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