The Democrats 'Mob Banker' With $20 Million in Loans to Criminals

-By Warner Todd Huston

It is bad enough that current State Treasurer and Senate candidate Alexi Giannoulias is now well-known as the mob’s favorite banker with revelations of his $20 million in bad loans to various mobsters and convicted felons — so much money that his family bank is now about to go belly up over it all. But what is worse is that the Illinois Democrat Party purposefully backed this shady operator as its 2010 candidate for Senate!

Illinois Democrats are so arrogant that they imagined that they could pick the dirtiest candidate they could find, one with a possible criminal history worse than that of their recently resigned knife wielding Lt. Gov. candidate Steve Cohen, and the voters would just mindlessly go to the polls and vote the party line. And perhaps they are right. We’ll see.

The Chicago Tribune recently reported that Giannoulias’ failing bank loaned the $20 million to Michael Giorango and Demitri Stavropoulos even as they were about to be trundled off to serve federal prison sentences.

Naturally the crooks never paid back the loans. Even less surprising is the fact that Alexi “Mob Banker” Giannoulias is refusing to speak to the press. Imagine that… a Senate candidate that is avoiding the press.

The “Mob Banker” may be the only Senate candidate in history whose campaign spent the entire time hiding from the press and getting elected anyway!

So, let’s look at the facts here: Giannoulias’ bank (owned and operated by himself and his family) loaned $20 million to some convicted mobsters, they didn’t get the money back, and their bank is failing and about to be taken over by the feds.

… and THIS is the guy that the Democrats want to send to Washington as our junior Senator?

Illinois Democrats really must have utter contempt for Illinois voters.

Alexi Giannoulias is the biggest reason to vote for Mark Kirk in November.

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