Greg Hinz feels sorry for Democrats...


Democratic Senate candidate Alexi Giannoulias took a senior position at the Broadway Bank at about the same time and used it as a launching pad for his political career. (Tribune photo by Nancy Stone / March 2, 2010)

Because of the party's U.S. Senate nominee, Alexi Giannouliasse. Seems that the voters are getting a little edgy about Giannouliasse's connection with the family-owned Broadway Bank that did some--shall we say--interesting business with some interesting characters. As the Tribune reported:

The family bank of Democratic Senate candidate Alexi
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.  

Hinz tries to minimize Alexi's role at the bank, after the Tribune reported:

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. But as he
campaigns to step up from state treasurer to the U.S.
, he has tried to distance himself from the bank's business
with the pair and has been reluctant to detail his role.

No, I don't feel sorry for the Democratic Party at all. It never seemed to have any problem with Alexi and his family's bank as he ran for state treasurer, nor when its voters nominated for the U.S. Senate. They're stuck with him how, unless someone is trying to force him off the ticket. 

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