Oct
10
2010
1

Alexi Giannoulias: “I didn’t know the extent of their activity.”

Mark Kirk?  The video at this linkIt’s your next campaign ad.

“If I knew then what I know now, these are not the kind of people that we’d do business with,” he added, “but that’s not how banks work.” Asked again if he knew that criminal figures were the recipients of some of those loans, Alexi Giannoulias (D-IL) said again, “I didn’t know the extent of their activity.”

Yes.  This was Alexi Giannoulias’s answer to the question of whether Alexi Giannoulias and his fellow bankers knew about the entire pimp, bookie, and mobster thing before they lent all that money to all those pimps, bookies, and mobsters.  He didn’t know the extent of their activity.  He said this.  Twice.

In case you were wondering: this is not a good answer.

Moe Lane (crosspost)

PS: Mark Kirk for SenateHe’s not a doofus.

Sep
21
2010
2

Alexi Giannoulias (D CAND, IL-SEN) linked with organized crime. *Again.*

OK, this is a free piece of advice for the Giannoulias campaign: clearly their critical decision path process with regard to accepting assistance needs to be updated.  From now on, they need to absolutely make sure that at some point during the process the question By the way: are you associated in any way with organized crime? be asked of potential assistants – and if the answer is Why, yes, I am! then the assistance needs to be gently rebuffed.

I’m not saying that it would eliminate all the times that Giannoulias attended a fundraiser thrown by a former female associate of the Lucchese family – but it’d certainly cut the frequency of those embarrassing social moments way down.

[H/T NRO’s Battle ’10]

Moe Lane

PS: Mark Kirk for SenateMuch thinner FBI file, presumably.

Crossposted to RedState.

Aug
02
2010
1

#rsrh Giannoulias bank lent to Rezko.

Before we go any further, let us never forget: Alexi Giannoulias (D CAND, IL-SEN) made his political career all about his experience in working in his family’s bank.

So it’s kind of fascinating to hear the state treasurer of Illinois claim he knows nothing, nothing! about the almost twenty-three million dollars that his family bank lent a notorious Blagojevich crony who was under federal investigation at the time.

Through a spokeswoman, Giannoulias says he knew nothing about the $22.75 million loan to Riverside District Development until reporters contacted him.

“Alexi left daily operations of the bank in September of 2005, months before this loan was made,” says Kathleen Strand of his campaign staff. “He had no knowledge of it, and his name is not on any documents related to the loan…

(more…)

Jul
22
2010
1

Alexi Giannoulias watching his dirty lobbyist money diet.

He wants only free-range dirty lobbyist money, apparently. None of this factory-grown, federal dirty lobbyist money for him:

Democratic U.S. Senate candidate Alexi Giannoulias says he’s swearing off campaign contributions from lobbyists, but not all lobbyists.

Giannoulias, the state treasurer, promised at the start of his Senate campaign a year ago that he wouldn’t take contributions from corporate lobbyists or political action committees. But that proscription applies only to federal lobbyists and PACs. He has taken money from state-registered lobbyists. He says there’s a difference: Since he’s running for a federal office, a state lobbyist can’t try to influence him if he wins.

Riiiiiiiiight. So, the following scenario? (more…)

Jul
13
2010
3

Giannoulias, Fisher go abroad to raise money from trial lawyers.

Along the way, they ran over a polar bear cub with their SUV, then tied it to the bumper with an American flag and dragged it along for a couple of miles.

…while smoking cigarettes.

Giannoulias:

The Giannoulias Democratic Illinois Senate campaign confirmed Monday–after prodding from the National Republican Senatorial Campaign Committee–that Alexi Giannoulias was in Canada on Sunday attending a fund-raiser at a trial lawyer convention in Vancouver that would benefit his Senate campaign.

Fisher:

Democratic U.S. Senate candidate Lee Fisher was in Canada yesterday to attend a reception with a group of American trial lawyers that is supporting his campaign, the Fisher campaign said today.

The Giannoulias campaign didn’t want to admit to the fundraising junket at all, while the Fisher campaign tried the novel technique of trying to frame it in terms of a fact-finding tour about lost Ohio jobs (apparently, Rob Portman has amazing powers over space and time; either that, or he mentally dominated Lee Fisher into losing jobs for Ohio).  I don’t see why evasions and lying – excuse me; ‘jokes’ – are necessary, here.  Trial lawyers are some of the most loyal Democratic donors in existence: they’ve paid out millions (if not billions) in campaign contributions, and get hundreds of billions in protection and opportunities* in exchange.  Shouldn’t the Democrats be proud of their patrons?

Moe Lane
(more…)

Jul
04
2010
--

Alexi Giannoulias (D), call your office.

I understand that the man is desperate to escape to Washington, DC – but the bills are piling up.  And I am not being figurative in the slightest:

Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes clear when he beckons you into his office to examine his daily briefing memo.

He picks the papers off his desk and points to a figure in red: $5.01 billion.

“This is what the state owes right now to schools, rehabilitation centers, child care, the state university – and it’s getting worse every single day,” he says in his downtown office.

Mr. Hynes shakes his head. “This is not some esoteric budget issue; we are not paying bills for absolutely essential services,” he says. “That is obscene.”

(more…)

Jun
28
2010
--

Blago subpoenas Giannoulias.

A pleasant beginning to the week, no?

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.

(more…)

Jun
17
2010
1

Giannoulias staffer sells cameraman. Excuse me, ‘seizes.’

The title will make sense in a minute.

[UPDATE] More from Politico and Big Government.  And if you’re ever on the other end of this, the NRSC wants you to remember: don’t be like Alexi Giannoulias’ staffers.  No touchies.

Alexi Giannoulias (D CAND, IL-SEN) needs to hire a better class of goon.

Not so much for the specific details here – interesting how quickly the Left goes vigilante over cameramen, isn’t it? You’d think that the first thing that they’d do would be to call in security; but nope, give a Democratic campaign guy five-to-one odds in his favor and suddenly he’s a tough guy – but because right now the last thing Giannoulias needs is for any excuse for people like me to mention Giannoulias’ latest lie about his family’s mob bank:
(more…)

May
19
2010
1

The ad Alexi Giannoulias (D-CAND, IL-SEN) doesn’t want you to see.

At some time, the Giannoulias campaign may realize that if you can reference your family history to get elected State Treasurer, then your opponents can reference your family history to keep you from being elected Senator:

More accurately, the campaign might admit the futility of trying to squash the opposition’s ability to point out that said family relationship involves bad $20 million loans given to pimps and bookies.  Which is what they’re trying to do here, and instead making the story relevant.

Yet again.

Moe Lane

PS: Mark Kirk for SenateHe’s already grasped King Canute’s point.

Crossposted to RedState.

Apr
25
2010
1

Obama gives Giannoulias the Rochester treatment.

Which is to say, Obama’s locking Alexi Giannoulias* (D CAND, IL-SEN) in the attic and pretending that he doesn’t exist:

Giannoulias will not make trip to Quincy to see Obama

From chicagotribune.com: Democratic U.S. Sen. Dick Durbin, Giannoulias’ campaign chairman, expressed concerns over a lack of White House commitment to the candidate to Washington-based Politico after a recent meeting with President Barack Obama’s chief of staff, Rahm Emanuel. Durbin quickly tempered his comments, and the White House offered a tepid statement that “the president intends to help Democratic candidates in Illinois up and down the ballot.”

Full story here – as for the Rochester treatment: well. Those familiar with Jane Eyre will no doubt remember how wonderfully that particular strategy worked.

Moe Lane

PS: Mark Kirk for Senate. He can go outside.

*Noun. Verb. Broadway Bank.

Crossposted to RedState.

Apr
24
2010
--

Alexi Giannoulias pouting about the Broadway Bank thing.

A couple observations about embattled Senatorial candidate Alexi Giannoulias’ (D CAND, IL-SEN) recent bitter comment:

“Just about every sentence that Congressman Kirk utters these days is a noun, a verb and Broadway Bank,” Giannoulias complained to the City Club of Chicago,

Three, in fact:

  1. Dude.  Ripping off Joe Biden*?  What are you going to do next, ask a paralyzed man to stand up and take a bow?
  2. If you don’t want to be associated with a now-closed bank that gave $20 million loans to convicted pimps and bookies, don’t work for one.
  3. You couldn’t shut up about your blessed family bank connection & experience in your last election, remember?

Isn’t YouTube fun? If there’s an unfortunate / ironic / awkward campaign commercial that’s not on there, somewhere, it’s not for lack of people trying. (more…)

Mar
07
2010
--

Alexi Giannoulias (D CAND, IL-SEN) to get paid three times for Broadway Bank failure?

Nice work, if you can get it:

The family of Democratic U.S. Senate nominee Alexi Giannoulias stands to collect more than $10 million in federal tax refunds even if its Broadway Bank fails, which Mr. Giannoulias said this week is likely.

A $75-million loss at the struggling lender last year generated tax benefits potentially worth between $12 million and $15 million to Mr. Giannoulias, his two brothers and his mother. As the sole owners of a subchapter S corporation that controls $1.2-billion-asset Broadway, they pay the taxes on the bank’s income and reap tax deductions on its losses.

The possibility of family members pocketing millions in tax refunds as Broadway slides toward insolvency and federal receivership is likely to fuel more controversy for Mr. Giannoulias, who is already under fire for his role in the bank’s downfall.

(Via Hot Air) Of course, not being in a rich banking family linked to Chicago’s culture of political corruption… oddly enough, that’s precisely the kind of work that I can’t get. And then there’s this little gem:

Asked whether he would advise his family to put the tax refunds back into the bank to help recapitalize it, Mr. Giannoulias said, “We’ll do everything we can to keep the bank going. . . .You’ll have to ask management of the bank what the best course of action is.”

Translation: “No.” Mind you, if they took this money and added it to the 70+ million in dividends that the Giannoulias family pulled in from the failing bank from 2006 to 2008, the bank would probably be able to avoid closing. But that would hurt them; so better to let the bank fail, let the FDIC take it over, and let the taxpayers take the blow. Much better, all around.

After all, the Giannoulias family got their refund.

Moe Lane

PS: Mark Kirk for Senate.
He doesn’t get paid three times for failure.

Crossposted to RedState.

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