Banking On Corruption In The Windy City - Investors.com
"Another bank failure is nothing new these days — except if the bank is run by the family of a U.S. Senate candidate who profited handsomely and lent millions to a convicted felon. But then, that's the Chicago way.
'I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street,' President Obama said in a recent interview with '60 Minutes.' Speaking to those bankers, he said: 'You guys are drawing down 10, 20 million dollar bonuses after America went through the worst economic year that it's gone through in — in decades, and you guys caused the problem.'
Not all those fat cats, apparently, are on Wall Street. Some are on Main Street in the president's hometown.
One of those 'guys' recently won the Democratic nomination for the U.S. Senate seat once held by Obama.
He's an Obama protege and fundraiser.
His name is Alexi Giannoulias, and his family runs the Broadway Bank in Chicago, a financially troubled institution that the feds appear ready to seize and shut down.
He is running for U.S. Senate from Illinois."
"Another bank failure is nothing new these days — except if the bank is run by the family of a U.S. Senate candidate who profited handsomely and lent millions to a convicted felon. But then, that's the Chicago way.
'I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street,' President Obama said in a recent interview with '60 Minutes.' Speaking to those bankers, he said: 'You guys are drawing down 10, 20 million dollar bonuses after America went through the worst economic year that it's gone through in — in decades, and you guys caused the problem.'
Not all those fat cats, apparently, are on Wall Street. Some are on Main Street in the president's hometown.
One of those 'guys' recently won the Democratic nomination for the U.S. Senate seat once held by Obama.
He's an Obama protege and fundraiser.
His name is Alexi Giannoulias, and his family runs the Broadway Bank in Chicago, a financially troubled institution that the feds appear ready to seize and shut down.
He is running for U.S. Senate from Illinois."
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