SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (589952)10/14/2010 8:01:10 PM
From: Brumar89  Read Replies (1) | Respond to of 1573889
 
Wrong! Giannoulias has been state treasurere since 2006.

Bankrolling many of their mortgages was Broadway Bank, owned by the family of Illinois state Treasurer Alexi Giannoulias. From 2001 to 2005, before the men were charged, the bank lent more than $10 million to companies tied to Lev and Boris Stratievsky, records show.

cdobs.com

Giannoulias was a senior loan officer of his FAMILY's bank prior to becoming state treasurer:

The family bank of Democratic Senate candidate Alexi Giannoulias loaned a pair of Chicago crime figures about $20 million during a 14-month period when Giannoulias was a senior loan officer, according to a Tribune examination that provides new details about the bank’s relationship with the convicted felons.
Broadway Bank had already lent millions to Michael Giorango when he and a new business partner, Demitri Stavropoulos, came to the bank in mid-2004. Although both men were preparing to serve federal prison terms, the bank embarked on a series of loans to them.
Alexi Giannoulias took a senior position at the bank at about the same time and used it as a launching pad for his political career.


hotair.com