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Keyword: alexigiannoulias

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  • Slain slumlord’s unpaid debt helped sink Obama’s bank

    01/13/2014 5:40:30 AM PST · by Cincinatus' Wife · 10 replies
    New York Post ^ | January 13, 2014 | By Aaron Short, Jeane MacIntosh and Bruce Golding
    A slain Brooklyn slumlord’s shady business practices helped sink a bank that counted President Obama as a customer and ex-Chicago Bears quarterback Jim McMahon as a member of its board, The Post has learned. Two unpaid loans to murder victim Menachem “Max” Stark and his business partner Israel “Sam” Perlmutter were among 17 bad bets that spelled $104 million in losses for Chicago’s Broadway Bank before it was shut down by the feds in 2010, court papers show. [BIG SNIP] Broadway Bank was run by Demetris and George Giannoulias, brothers of former Illinois state Treasurer Alexi Giannoulias. Alexi is a...
  • Ex-Rezko partner bankrupt

    02/16/2009 10:09:35 AM PST · by STARWISE · 7 replies · 733+ views
    Chicago Sun Times ^ | 2-16-09 | Tim Novak
    Tony Rezko's former development partner is broke. ### Dan Mahru -- a lawyer who became an ice peddler and real estate developer -- has filed for bankruptcy, declaring that he and his business partners, including Rezko, owe as much as $95 million to creditors. Mahru estimates his personal debts could be as high as $50 million. Mahru and Rezko split a few years ago. But they're still fighting dozens of lawsuits filed over housing developments they built. "I couldn't handle all the multitude of lawsuits involving Mr. Rezko,'' Mahru says. Mahru lists $48,970.61 in assets in the bankruptcy case he...
  • Rezko gave Gutierrez a deal on town house (Gutierrez, IL Dem Rep)

    11/14/2010 8:06:03 PM PST · by STARWISE · 11 replies
    Chicago Sun Times ^ | 11-8-10 | Natasha Korecki
    Congressman told FBI he asked for -- and got -- free home upgrades ### Convicted political fixer Tony Rezko gave U.S. Rep. Luis Gutierrez free upgrades on a riverfront town house after the congressman asked for them, Gutierrez told the FBI, the Chicago Sun-Times has learned. Gutierrez's comments to federal agents in a previously undisclosed 2008 interview contradict what the congressman told the Sun-Times in 2006 about the purchase. "I walked in with my wife -- as any other consumer could have -- and purchased the unit at the listed price, with no considerations," the Northwest Side congressman said then,...
  • Giannoulias admits to dirty trick with third-party campaign in IL

    10/28/2010 9:41:48 AM PDT · by Maelstorm · 57 replies · 1+ views ^ | Oct 28, 2010 | by Ed Morrissey
    Giannoulias admits to dirty trick with third-party campaign in IL « Hot Air
  • Did Mark Kirk play you for a chump?

    10/18/2010 3:50:11 PM PDT · by Maelstorm · 91 replies ^ | October 11, 2010 | By DOUG IBENDAHL
    POLITICO just dropped a bombshell with a story Sunday evening about a leaked email written by Mark Kirk to his campaign manager Eric Elk on November 3, 2009. Full story: Kirk feared attack from right. POLITICO says the email came from a Democratic operative who in turn claims to have received it from “someone close to Kirk’s inner circle.” Could a certain “Svengali figure” be involved somehow? We just don’t know. In any case, the email and its instructions reflect some panic on Kirk’s part going into the campaign season for the February Primary. Kirk’s email was sent just a...
  • Kirk says he opposes Ariz. immigration law (Flashback)

    10/25/2010 5:11:35 PM PDT · by Maelstorm · 16 replies ^ | 2010 | Charles Thomas
    ay 18, 2010 (CHICAGO) (WLS) -- Republican Illinois Congressman and U.S. Senate candidate Mark Kirk said Tuesday he opposes Arizona's new immigration law, taking a stand contrary to the conservative wing of his party. Kirk's stand comes in the wake of the flap at Highland Park High School where the girls' basketball team was stopped from attending a tournament in Arizona. Even though Highland Park High School lies within his 10th Congressional District, Republican U.S. Senate candidate Mark Kirk held his first news conference Tuesday since the Arizona trip controversy erupted last week. Kirk believes student athletes should not be...
  • Democrats Tout Libertarian to Peel Votes From Kirk

    10/25/2010 2:25:15 PM PDT · by Maelstorm · 62 replies · 1+ views ^ | 10-25-2010 | By Jonathan Weisman
    By Jonathan Weisman Illinois Democrats are using the long-shot candidacy of libertarian Mike Labno to peel off conservative voters in the southern end of the state from Republican Senate candidate Mark Kirk. A flier obtained by Washington Wire appears to be a Labno promotion. The first page is a picture of Rep. Kirk, asking “Congressman Mark Kirk, not a conservative?” with a quote from Mr. Labno questioning Mr. Kirk’s political beliefs. The next panel touts “Conservative Mike Labno” as “the only pro-life, pro-gun candidate for U.S. Senate.” It then portrays Mr. Kirk as a tax hiker who voted for President...
  • Feds Protect Obama’s Mob Banker Senate Candidate (Obama stumps for Alexi Giannoulias)

    10/25/2010 9:13:56 AM PDT · by jazusamo · 8 replies
    Judicial Watch ^ | October 25, 2010
    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...
  • Obama get-out-the Democratic vote rally in Chicago on Saturday, Oct. 30

    10/21/2010 6:30:16 PM PDT · by KeyLargo · 24 replies
    Chicago Sun Times ^ | Oct 21, 2010 | Lynn Sweet
    Obama get-out-the Democratic vote rally in Chicago on Saturday, Oct. 30 By Lynn Sweet on October 21, 2010 1:45 PM The Democratic National Committee made it official Thursday what I reported yesterday—President Obama is returning home to Chicago on Saturday—the final weekend before the election—in a get-out-the-vote rally to help Gov. Quinn and Illinois Democratic Senate candidate Alexi Giannoulias.
  • (Video) Schakowsky Urges Dems to Intimidate Voters: Oct. 18, 2010

    10/20/2010 2:29:39 PM PDT · by Nachum · 23 replies
    You Tube ^ | 10/20/10 | PollakForCongress
    On Monday night, my opponent Jan Schakowsky (D-IL) delivered this speech to Democrats at a restaurant in Chicago–with U.S. Senate candidate Alexi Giannoulias and Governor Pat Quinn in attendance
  • Who do you support for the U.S. Senate race in Illinois? Giannoulias, Kirk, Jones, or Labno

    10/12/2010 9:09:42 PM PDT · by Steelers6 · 11 replies ^ | October 12, 2010 | steelers6
    Alexander Giannoulias (D) 41 11% Mark Kirk (R) 229 63% LeAlan Jones (G) 4 1% Mike Labno (L) 90 25%
  • Alexi Tells Voters He Was No Banker, But Claims to IRS He Was

    09/30/2010 10:36:56 AM PDT · by Mobile Vulgus · 2 replies
    Publius Forum ^ | 09/30/10 | Warner Todd Huston
    Even as supporters claim they won’t need subsidies, it is more likely that L.A. is about to plunge itself forever into debt with a new stadium, the Staples Center. A look at just about any other convention center, or stadium in the country easily shows that these projects seldom pay for themselves as builders insist that they will do. Yet, every time you turn around another city is falling for this false hope. Unfortunately it is almost impossible for the average citizen to track where the budget money is going in any particular city budget. As we learned from Bell,...
  • Love is not in the airwaves in Ill. Senate race

    09/25/2010 7:39:56 AM PDT · by Maelstorm · 5 replies ^ | September 24, 201 | Charles Thomas
    ... The so-called major party Senate candidates and their supporters are slinging the televised campaign mud. One of the latest negative ads compares voting for Giannoulias to driving drunk, at the end of the ad saying, "friends don't let friends vote Alexi". The group American Crossroads is responsible for that ad. American Crossroads was founded by Karl Rove, former President George W. Bush's political guru. The group is helping republican Congressman Mark Kirk against Giannoulias. "Of course, he's gonna put up characters and cartoons because he can't talk about his own record in Washington, D.C.," said Giannoulias. "He voted against...
  • Ill. Dem Senate Candidate Took Credit For 'Job Creation,' Now Illinois is 3rd Worst in Job Loss

    08/23/2010 8:45:46 AM PDT · by Mobile Vulgus · 1 replies
    Publius Forum ^ | 08/23/10 | Warner Todd Huston
    Like his president and his party, the Democrat Senate candidate for Illinois, Alexi "the Mob Banker" Giannoulias, is quick to claim that they have "created jobs" with the various and sundry, and continuing "stimulus" bills. But now that Illinois has been reported as having lost the third most amount of jobs nationwide, will Giannoulias take credit for that too? Back in July, Giannoulias appeared on Fox Chicago TV and told us all that he was proud to have helped "create jobs" in Illinois. I'm also proud, not only have we helped create jobs here in Illinois, but I’m the only...
  • Hilarious: Lefty Threatens to Sue Illinois Political Blog

    08/13/2010 7:59:32 AM PDT · by Mobile Vulgus · 1 replies
    Publius Forum ^ | 08/13/10 | Warner Todd Huston
    This is pretty funny… well, not so funny if you are The Illinois Review, one of our fine political news blogs in Illinois. Apparently billionaire Nadhmi Auchi has sent a threatening letter to the blog demanding that they delete an August 9 post linking Auchi to Democrat Senate candidate Alexi "the Mob Banker" Giannoulias. The letter issued by attorneys Carter-Ruck demands that the August 9 piece be removed due to "defamatory and untrue allegations." The letter also says that Carter-Ruck thinks that the source for the blog post was the Observer (of London) and the New York Times. Apparently the...
  • Kirk tries to link Giannoulias to Saddam Hussein

    08/09/2010 2:21:56 PM PDT · by STARWISE · 11 replies
    Sun Times ^ | 8-9-10 | Abdon Pallasch
    On a day that Democrat Alexi Giannoulias released a new commercial slamming him as a liar, Republican Mark Kirk tried to shift the focus back onto Giannoulias’ family bank, saying the bank gave a loan to Nadhmi Auchi, who Kirk said sold arms to Saddam Hussein. “According to the New York Times, he was a banker to Saddam Hussein,” Kirk said of Auchi. “And According to the Observer of London, he was a middleman in the billion-dollar naval arms deal between Hussein and the Italian Navy.” Voters should care, Kirk said: “This is not political Kryptonite -- this is Hemlock,”...
  • NRSC Releases New Ad Against Alexi Giannoulias Just In Time For Obama's Fundraiser (Video)

    08/04/2010 9:16:24 PM PDT · by Talkradio03 · 5 replies
    hap ^ | 8/5/10 | hap
    NRSC cut a great ad here on "Mob Banker" Giannoulias, "Alexi is screwing up, but Illinois voters are who's paying the price"...Announcer speaks in a mobsters voice...Barack Obama is scheduled to attend a fundraiser for Giannoulias in Chicago on Thursday...
  • Ill. Dem Senate Candidate Still $200,000 in Debt From Primary

    07/30/2010 7:16:18 AM PDT · by Mobile Vulgus · 2 replies · 2+ views
    Publius Forum ^ | 07/30/10 | Warner Todd Huston
    So far, the biggest negative that has stuck against Illinois Democrat Senate candidate Alexi Giannoulias is that he is a poor money manager. The worst is that he was an officer in a family bank that has since gone under due to shady loans to mobsters -- to the tune of $20 million in unpaid debt -- and other bad banking practices . And now we can add another poor financial situation to Alexi's already groaning deficit accounts: he's still $200,000 in debt for his recently completed primary campaign. As reported two weeks ago, Giannoulias has under performed in campaign...
  • Is Kirk trying to be a skunk at the GOP picnic? [DIABLO bashes conservative gubernatorial ticket]

    07/08/2010 6:44:46 PM PDT · by BillyBoy · 18 replies
    The Illinois Review ^ | Tuesday, July 6, 2010 | Fran Eaton
    ILLINOIS REVIEW Crossroads of the Conservative Community Tuesday, July 06, 2010 Is Kirk trying to be a skunk at the GOP picnic? The Illinois Republican statewide slate has been pushing unity and cohesiveness for the last couple of months, and all except for one seems to be getting the script down. Why in the world would GOP U.S. Senate candidate Mark Kirk use a press conference today to antagonize those who could get him downstate votes and bridge the huge chasm between conservative Republicans and liberal Gold Coasters?  Unbelievably in one fell swoop, Kirk blasted his own party's top two ballot...
  • Ill. Dem Senate Candidate Giannoulias a 'Mob Baker,' Now 'Flat Out' Liar

    07/07/2010 6:40:33 PM PDT · by Mobile Vulgus · 41 replies
    Publius Forum ^ | 07/07/10 | Warner Todd Huston
    The sniping between Republican Mark Kirk and Democrat Alexi Giannoulias is beginning to get to full steam these days and Democrat Giannoulias isn't handling it all very well. As a bank executive, he's gone from dissembling about his efforts to loan mobsters $20 million that his bank then lost, to now as a candidate lying about his desires to raise taxes. The latest Giannoulias gaffe comes as a result of his announcement of his tax returns. It seems that he declared a personal business loss that negated his entire tax bill and so Giannoulias paid no federal tax in 2009....
  • Senate candidate Alexi Giannoulias (D) did not pay taxes

    07/04/2010 8:55:21 PM PDT · by Clintonfatigued · 24 replies
    The Chicago Examiner ^ | July 4, 2010 | Mary Egan
    Illinois State Treasurer and candidate for U.S. Senate Alexi Giannoulias did not have to pay his state and federal taxes this year due to losses incurred from the failure of his Broadway Bank. Giannoulias' campaign released his financial information on Friday. Giannoulias is set to receive $30,000 in tax refunds because of his bank's failure. The Treasurer has said that all of that money is going to be donated to charity. The Broadway Bank had been largely forgotten in the race for U.S. Senator, but the release of Giannoulias' financial records seems to have dredged it up once more. Giannoulias...
  • W.H. quiet on Obama-Blago link

    06/29/2010 5:06:01 PM PDT · by Sub-Driver · 24 replies · 1+ views
    W.H. quiet on Obama-Blago link By: Glenn Thrush and Jonathan Allen June 29, 2010 06:50 PM EDT The White House was mum Tuesday after a union leader testified that Barack Obama personally asked him to approach then-Gov. Rod Blagojevich about appointing confidant Valerie Jarrett to his Illinois Senate seat. In testimony at Blagojevich’s federal corruption trial, Tom Balanoff said Obama — speaking a day before his Nov. 8, 2008 triumph in the presidential election — said that Jarrett wanted the job and was qualified, although he wanted her to join him in the White House. Balanoff, a close Obama ally...
  • Illinois Dem Senate Candidate Giannoulias Subpoenaed In Blago Trial (The noose tightens...)

    06/27/2010 7:51:44 PM PDT · by KentTrappedInLiberalSeattle · 27 replies
    Gateway Pundit ^ | 06/27/10 | Jim Hoft
    Illinois Senate candidate Alexi Giannoulias was subpoenaed to testify in the Rod Blagojevich trial. CBS2 Chicago reported: First it was President Barack Obama, then White House Chief of Staff, Rahm Emanuel, now U.S. Senate Candidate Alexi Giannoulias is joining the Rod Blagojevich corruption trial subpoena list.Giannoulias is in the middle of a hard fought campaign against Congressman Mark Kirk for the right to fill the U.S. Senate seat once held by President Obama.So there’s no doubt that being dragged into the Blagojevich trial is not welcome news for the Democratic candidate’s campaign.The first term state treasurer was walking in Sunday’s...
  • Alexi Giannoulias subpoenaed for Blagojevich trial: the Valerie Jarrett backstory

    06/27/2010 2:23:14 PM PDT · by STARWISE · 29 replies
    Sun Times ^ | 6-27-10 | Lynn Sweet
    Illinois Democratic Senate candidate Alexi Giannoulias said Sunday he was subpoenaed by former Illinois Gov. Rod Blagojevich's defense lawyers to testify at his corruption trial. Giannoulias name surfaced last week during the trial, where prosecutors were focusing on the charges dealing with Blagojevich trying to sell the Senate seat Barack Obama was vacating after winning the presidential election. The jury heard a lot about Blagojevich mapping strategy to see what he could get in return for appointing Valerie Jarrett to the Senate. Blagojevich learned, the jury heard on wiretaps, that all Blagojevich would get is "appreciation." Jarrett is now a...
  • Kirk Bio Wrongly IDs Military Award, is That Worse Than 'Mob Banker' Alexi's Financial Failures?

    05/29/2010 5:21:40 PM PDT · by Mobile Vulgus · 11 replies · 377+ views
    Publius Forum ^ | 05/29/10 | Warner Todd Huston
    Representative Mark Kirk (R,IL) has admitted that the bio on his webpage has had to be altered to reflect a change in the identification of a military award it had previously accredited to him. Kirk's bio page originally claimed that he had been awarded the U.S. Navy's Intelligence Officer of the Year award. This, however, was in error. It appears that his unit received this award, he did not individually receive the citation. Kirk told the press, "upon a recent review of my records, I found that an award listed in my official biography was misidentified." According to Navy records...
  • Rahm, Durbin In The Chief-Of-Staff Shuffle?

    05/26/2010 12:24:09 PM PDT · by maggief · 28 replies · 873+ views
    The Chicagoist ^ | May 26, 2010 | Karl Klockars
    Some are beginning to question just how much longer Rahm Emanuel will be occupying the office of Chief of Staff for President Obama. Which, of course, leads to a couple other questions - who gets the seat next, and what would Rahmbo do afterwards? He's already expressed an interest in taking the mayor's office, he's long desired to be Speaker of the House and the head of the Democratic National Convention, and then there are those pesky "placeholder" rumors about his initial appointment to his current position. Couple all this with the growing drumbeats about the unnamed "administration official" who...
  • Jesse Jackson, Jr. to Back Kirk in IL Senate Race?

    05/24/2010 9:03:29 AM PDT · by reaganwasright1980 · 34 replies · 572+ views
    Alexi Giannoulias's road to replace Barack Obama in the Senate from Illinois has just gotten even rockier. Not only is popular GOP Congressman Mark Kirk running against him, but his family's bank was seized by the government on suspicions of corruption. And now Democratic Congressman Jesse Jackson, Jr. may actually back Kirk. Yes, the son of Jesse Jackson might back a Republican. Politico is reporting this as it becomes obvious that Giannoulias may actually lose in this very blue state.
  • Video: Alexi Giannoulias blames Bush and Kirk for his family’s failed, corrupt bank

    04/27/2010 9:51:28 AM PDT · by nhwingut · 10 replies · 347+ views
    PolitiPage ^ | 04/27/10 | Jeff
    Alexi Giannoulias releases first general election campaign ad; blames policies of Bush and Kirk for family's failed corrupt bank. Video here
  • OBAMA'S 'MOB-TIE' $IDEKICK ( Giannoulias and )

    04/24/2010 11:23:49 PM PDT · by george76 · 11 replies · 841+ views
    NEW YORK POST ^ | September 5, 2007 | CHARLES HURT
    A man who has long been dogged by charges that the bank his family owns helped finance a Chicago crime figure will host a Windy City fund-raiser tonight for Sen. Barack Obama. Alexi Giannoulias, who became Illinois state treasurer last year after Obama vouched for him, has pledged to raise $100,000 for the senator's Oval Office bid. Before he promised to raise funds for Obama, Giannoulias bankrolled Michael "Jaws" Giorango, a Chicagoan twice convicted of bookmaking and promoting prostitution. Giannoulias is so tainted by reputed mob links ... Giannoulias was the bank's vice president and chief loan officer for most...
  • FDIC shuts down 7 banks in Illinois ( and Democrat Giannoulias )

    04/24/2010 10:55:01 AM PDT · by george76 · 18 replies · 606+ views
    ap ^ | Apr. 23, 2010 | STEVENSON JACOBS
    Regulators on Friday shut down seven banks in Illinois, putting the number of U.S. bank failures this year at 57. The failure of Broadway Bank is expected to cost the FDIC's deposit insurance fund $394.3 million...Broadway Bank was owned by the family of Illinois Treasurer Alexi Giannoulias, a Democrat who is running for President Barack Obama's old Senate seat. There were 140 bank failures in the U.S. last year, the highest annual tally since 1992 at the height of the savings and loan crisis. They cost the insurance fund more than $30 billion. Twenty-five banks failed in 2008 and only...
  • Alexi Giannoulias: All Audacity, All The Time (Chicago/Obama Way)

    04/16/2010 12:04:20 PM PDT · by STARWISE · 20 replies · 619+ views
    Big Government ^ | 4-16-10 | Doug O'Brien
    At some point in the past few weeks, Illinois Treasurer Alexi Giannoulias was sitting in his million-dollar Chicago condo wondering how he could possibly stop the death spiral of his campaign for the United States Senate. Obama-Giannoulias-filtered It had all seemed so perfect just a few months ago—The dashing and urbane Alexi had burst on the political scene only four years ago spending millions of his parents money to win statewide office in his very first foray into politics. He shot hoops with his role model and political patron, Barak Obama. He had wealth, charisma, connections and unbridled ambition and...
  • Senate candidate (Alexi Giannoulias) faces bank seizure

    03/04/2010 12:44:58 PM PST · by rightwingintelligentsia · 8 replies · 495+ views
    HotAir ^ | March 4, 2010 | Ed Morrissey
    In 2004, the Republican nominee for the open Illinois Senate seat, Jack Ryan, had to withdraw after having his divorce records exposed over the summer, revealing some rather exotic lifestyle choices. That left the Illinois GOP with only Alan Keyes in a carpetbagging bid to beat a junior state Senator making his second run at Capitol Hill for the Democrats … and we all know how that turned out for Illinois, and the nation. Now the shoe may be on the other foot, as the Democratic nominee admits that the feds may have to seize his family bank due to...
  • Obama Received a $101,332 Bonus from AIG

    01/28/2010 11:16:23 AM PST · by Maelstorm · 30 replies · 798+ views ^ | March 17 2009 | Dan Spencer
    Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to The two biggest Congressional recipients of bonuses from the A.I.G. are - Senators Chris Dodd and Senator Barack Obama. The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928, the most of any AIG affiliate, in the 2008 cycle. I would note that A.I.G.’s financial products division is the unit that wrote trillions of dollars’ worth of credit-default swaps and "misjudged" the risk. The Washington Post reports a "mob effect" at A.I.G financial products division: A tidal wave of public...
  • Feds and Rezko Piecing together Ayers, Giannoulias, Obama [Crossroads Fund]

    10/22/2008 7:48:41 PM PDT · by ETL · 14 replies · 1,562+ views
    Chicago Daily Observer ^ | October 13, 2008
    Boiling down a complex blog entry by P.U.M.A. pundit, Tony Rezko used Alexi Giannoulias bank to float $450,000 in bad checks, while campaigning for Alexi’s brother Demetris to be placed on the Illinois Finance Authority Board. Demetris Giannoulias was on the Board at the Crossroads Fund, a Chicago Based left wing organization supported by Bill Ayers, Bernadine Dohrn and Barack Obama, which made grants to such stellar organizations as ACORN and other affordable housing swindlers. In 2002, Rezko borrowed $10.5 Million from Broadway Bank, the Giannoulias family bank, the same bank where Barack Obama kept his Senate campaign funds. In...
  • The Obama-Giannoulias connection, Chicago mob financier

    10/11/2008 4:34:21 PM PDT · by dascallie · 47 replies · 1,786+ views
    From HC Forum: Today, 06:43 PM writerchick Moderator Join Date: May 2008 Location: Los Angeles and NYC Posts: 3,524 Poster Rank: #20 WHOA - I just found this article from NY Post in 2007: Quote: OBAMA'S 'MOB-TIE' SIDEKICK September 5, 2007 WASHINGTON - A man who has long been dogged by charges that the bank his family owns helped finance a Chicago crime figure will host a Windy City fund-raiser tonight for Sen. Barack Obama. Alexi Giannoulias, who became Illinois state treasurer last year after Obama vouched for him, has pledged to raise $100,000 for the senator's Oval Office bid....
  • Obama Fundraiser Has Tie to Crime Figure

    09/05/2007 4:46:24 PM PDT · by wagglebee · 13 replies · 419+ views
    NewsMax ^ | 9/5/07 | NewsMax
    Sen. Barack Obama’s campaign will benefit from a Wednesday night fundraiser hosted by an Illinois official whose family’s bank helped finance a Chicago crime figure. Alexi Giannoulias, who became Illinois state treasurer last year, has pledged to raise $100,000 for the Democratic hopeful’s White House bid. Giannoulias was his bank’s vice president and chief loan officer when the bank gave millions of dollars in loans to Michael “Jaws” Giorango, who was twice convicted of bookmaking and promoting prostitution, the New York Post reports. Giannoulias was not charged with breaking any laws. But he is “so tainted by reputed mob links,”...