Capitol - Your Illinois News Radar » Still more trouble for Alexi
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
To subscribe to Capitol Fax, click here.
Still more trouble for Alexi

Thursday, Apr 27, 2006

As I told Capitol Fax readers earlier this week, Dem treasurer nominee Alexi Giannoulias was planning to meet with reporters in an all-out attempt to improve his image.

There appears to be mixed results. He answered some questions and backtracked from some of his dumber comments about an ex-mobster, but the Tribune found more problems.

Citing bank privacy laws in response to new questions about loans made by Broadway Bank, Giannoulias would not comment about the bank’s relationship with another borrower, Boris Stratievsky, whose companies received millions of dollars in loans before his federal indictment on money-laundering charges last year. […]

[Ex-mobster Michael Giorango] runs companies that own dozens of properties in the Chicago area, Florida and South Carolina. He also has financed real estate deals with other convicted felons. Broadway Bank in the last year has extended more than $6 million in mortgage loans to a company called 1201 South Western LLC run by Giorango and another convicted bookmaker, Demitri Stavropoulos.

The Broadway loans helped the firm acquire properties including a Loop restaurant and a West Side commercial property that boasts two large Giannoulias campaign signs.

Giorango’s 1201 firm also has made millions of dollars in mortgage loans to dozens of other property owners. The state Department of Financial and Professional Regulation said it was unclear whether the 1201 firm should have registered as a mortgage lender. “We’re going to do further inquiries,” agency spokeswoman Susan Hofer said.

Read the whole thing. There’s plenty more.

- Posted by Rich Miller        

  1. - The original Bill - Thursday, Apr 27, 06 @ 7:42 am:

    This guy is a joke. Vote for Chris!

  2. - anon - Thursday, Apr 27, 06 @ 7:57 am:

    Don’t know if he’s a joke or not but he’s certainly toast. Its bad enough when someone like Blago misleads voters about how he is going to change the tone in Springfield but to already have this much baggage will not play at all with the voters.

  3. - Ravenswood Right Winger - Thursday, Apr 27, 06 @ 8:03 am:

    Saint Obama must be kicking himself for endorsing this neophyte.

    It’s not too late for the Democrats to sack Alexi and nominate someone else.

  4. - zatoichi - Thursday, Apr 27, 06 @ 8:10 am:

    I’ll take “Bush League Rookie” for $20.
    Who is Alexi Giannoulias?

  5. - HeKnowsBarack - Thursday, Apr 27, 06 @ 8:23 am:

    Maybe The Obamarama could “ask” Alexander to step down….

  6. - Backyard Conservative - Thursday, Apr 27, 06 @ 8:31 am:

    Obama should cut the guy loose and return the contributions from Giannoulious which financed his Senate campaign.

    It also shows bad judgement on Obama’s part to pair up with this guy in the first place.

  7. - yougotta be kidding me - Thursday, Apr 27, 06 @ 9:59 am:

    Shocking! Another corrupt Illinois politician? He’ll fit right in. Look for Alexi to run for Governor in 2010…

  8. - Bluefish - Thursday, Apr 27, 06 @ 10:42 am:

    My opinion of Obama already had gone down a bit over this endorsement and now these growing allegations indicate that Obama didn’t do his homework and was only repaying the contributions he received for his Senate run. And he is the face of ethics reform for the DNC?

    Looks like we’ll have another female Republican as Treasurer in IL.

  9. - Wumpus - Thursday, Apr 27, 06 @ 10:53 am:

    Sad thing is, unless the dems pull the rug from under him, he’ll still win.

  10. - Lee - Thursday, Apr 27, 06 @ 1:25 pm:

    Sounds like Obama, the wonder politician made a major bad decision. How can this be???? Oh yeah, remember the bungled attempt to take on McCain, who quickly proceeded to take him to the woodshed. As time goes on, Obama will be further exposed for his real political skills or lack thereof. Looks like the Republicans keep the Treasurer’s position. Hum!! Wonder if Obama will be weighing in on the 17th Congressional democratic mess?

  11. - bored now - Thursday, Apr 27, 06 @ 1:27 pm:

    oh give me a break!

    let me see, a chance for the republicans (who’d like to win *one* state race this year) and the madigan boys to gang up on an outsider?!?! god bless the combine!

    (i guess i can do righteous indignation; whodathunkit?)

    a bank has loaned money to the mob? according to someone i know who’s done mob prosecutions in new york, you’d be hard pressed to find any bank in the country that hasn’t done this. the mob apparently figured out about spreading it around (as a means of covering their tracks as well as seeking influence) a long time ago. have you ever heard of forensic accounting? where do you think it came from?

    secondly, alexi is a *long* way from toast. i know, i know, the party won’t support him — he’s an outsider. but until i see madigan pony up millions of dollars for the republican in the race (and, hey, anything’s possible), alexi is still the front-runner. easy. i won’t believe otherwise until i see all those signs with jesse standing next to alexi come down.

    banks don’t do background checks for good reason. trying to hang alexi for legal loans to unsavory characters may sell newspapers, but it certainly won’t win (or lose) elections. money, ground troops and credible issues do. this issue hasn’t gotten out of punditland yet — you certainly won’t find people on the street talking about broadway bank’s loaning practices…

  12. - zatoichi - Thursday, Apr 27, 06 @ 2:13 pm:

    Bored, there are probably many banks who have done similar loans with/without background knowledge and many politicians have something in the past. The issue is what pops out of your mouth that the press will jump on. The newspapers/TV will have a field day going after anything that will make headlines and sell papers/increase viewers. If you want to run for office, ya gotta know that so why wouldn’t you practice your personal soundbites and have some backgroud cover going? Particulalry as a noobie, don’t say/do something stupid where the big guns will simply shed you in a flash. This guy is acting like he is running for the fraternity presidentcy, not statewide office. He may be very smart and capable, but you would not know that because of his statements.

  13. - bored now - Thursday, Apr 27, 06 @ 3:07 pm:

    zatoichi, i agree with you. he’s clearly had missteps, but he’s already beaten the full force of the dpi with this as their primary issue. can’t imagine that republicans can do any better. declaring his candidacy dead seems a little zealous to me.

    my guess is that he will win despite his naivete unless the republicans start raising serious money to beat him. and i just don’t see that happening. i don’t see that happening for topinka, let alone the treasurer’s race.

  14. - Swami - Thursday, Apr 27, 06 @ 6:43 pm:

    Obama should have done his homework first. Makes me think twice about him. Alexi’s hands are dirty - he won’t win. Voters are sick and tired of dirty politicians.

  15. - anon - Thursday, Apr 27, 06 @ 7:33 pm:

    to - i voted for mangieri - I did too. Can we get him back, please - can we get him back?

  16. - jersey guy - Thursday, Apr 27, 06 @ 8:55 pm:

    why would the repubs step in front of an oncoming train? especially when alexi was kind enough to tie himself to the tracks.

  17. - Papa Legba - Thursday, Apr 27, 06 @ 9:08 pm:

    Don’t you get it? Anybody? This is Blago’s attempt to load up the ticket with candidates that have more baggage than he does. This way he can look pretty good as he throws a candidate under the bus as needed.

Sorry, comments for this post are now closed.

* Reader comments closed for the weekend
* Rauner: "Madigan has rigged the Democratic primary for Pritzker"
* New Ives radio ad claims Democrats are trying to help Rauner, while Brady does Rauner robocall
* *** UPDATED x1 - DGA responds *** Elections board says DGA should file disclosure for Ives ad
* SUBSCRIBERS ONLY: Jones; IEA/IFT; Reis; Mitchell; Edgar
* ISRA, Drury both try to claim Raoul inserted "poison pill" into gun bill
* Pro-life group launches GOTV effort for Lipinski
* *** UPDATED x1 *** Rauner opens new online track against Ives
* Erika Harold still can't remember comments, but says "I was wrong"
* Rauner calls Madigan "a unified force of bad, of evil"
* Sen. Duckworth gets involved in another state central committee race
* *** UPDATED x2 *** Has Pritzker gone to ground?
* Illinois House Bill HB 4900 Wastes Government Resources
* McCann, barred from SGOP caucus meeting, claims Rauner threatened to "destroy you and your family"
* *** UPDATED x1 *** Caption contest!
* Obama mailer kerfuffle in Lipinski district
* Rauner attended Quincy campaign event after Quincy veterans' home presser
* After spending millions in Dem primary, Rauner accuses "Washington liberals" of "hijacking" the GOP primary
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's stories

Visit our advertisers...








* Illinois lieutenant governor candidate linked t.....
* Madigan backs Dem central committee incumbent i.....
* Madigan backs Dem central committee incumbent i.....

* EXCHANGE: Local married couples work together peacefully
* EXCHANGE: Woodworker carves out a niche with patience
* Man gets 65 years for killing Cook County investigator
* Father of once missing suburban Chicago children in custody
* Plans for solar panel field in Illinois hit financial issues
* Wheaton College, players sued in alleged attack of player
* UI president seeks mandatory training on sexual harassment
* 1,100 Chicago-area students get hour detentions for walkouts
* 1,100 Chicago-area students get hour detentions for walkouts
* Flood damage assessments start Monday in 3 Illinois counties

* Madigan backs Dem central committee incumbent in 13th
* Trump factor looms large in Illinois governor primary campaigns
* Ray LaHood brokers deal for O'Hare expansion
* McCann says Rauner threatened to 'destroy' him in 2015 over vote
* Rauner looking into state buying vacant nursing home in Quincy
* Luciano: What if Downstate dumped Chicago and formed new state?
* AP review: Push for gun laws faces resistance in most states
* Top Democrats go on attack at final governor primary debate
* Illinois Senate passes gun bills, participates in walk out
* Students stage school walkouts to protest gun violence

* Amazon search team in Chicago next week
* Pension mess? You'd hardly know it from 2018's gubernatorial candidates.
* The Best New Event Spaces in Chicago 2018
* March madness arrives in guv, assessor races
* Chicago office landlords are paying more to land tenants. Here's why.

* The Illinois Butterfly Monitoring Network: And the making of Doug Taron
* 3 wounded, 2 seriously, in shooting at Harvey strip club
* MAP: Chicago weekend shootings tracker for March 16 – 19
* 3 men killed, 3 others wounded in citywide shootings since Friday afternoon
* Jaguar adds another cat
* Man shot during robbery in Ashburn
* Police: Man exposed himself to girl, 15, while trying to lure her into car
* 3 cellphone robberies reported at Illinois Medical District Blue Line station
* 2 officers among 5 injured in crash involving Chicago Police car
* 2 charged after cops find pot, Xanax at Lake in the Hills home

* For 'Black Panther' fans, what to know about the suburban hamlet of Wauconda
* Man shot and killed in East Hyde Park: 'If I was walking up, I might have got shot'
* 3 killed, 4 injured in Chicago shootings, including man whose car crashed on Eisenhower after shooting
* Illinois lieutenant governor candidate linked to harassment complaint on list compiled by Speaker Madigan
* Silverstein in tough primary fight following sexual harassment allegations
* Mom wants to run adult's life from a distance
* Why are we so obsessed with having couple friends?
* Let's hope Bannon never returns from his European tour
* Is America an oligarchy?
* Down to Business: 'Hair doctors' at work

» State Week: Rauner's Gun Veto; Dem's Mean Debate
» Rauner: Replace Legionnaires’-Stricken VA Home With New ‘Ultra-Modern’ Facility
» IL Check Cashing Fees Raised on Payroll Checks, Lower on State Assistance
» Money And The Legal Weed Debate In Illinois
» Illinois Legislature Bans Credit Freezing Fees Charged by Equifax, Others
» State Senators Stage Walk Out, Vote On More Gun Regulation
» Could Rent Control Come To The Second City?
» School Walkouts: Teens Say ‘We’re Fighting For Our Lives’
» West Side Teens March For Students Killed In Florida — And Chicago
» Gov. Rauner Vetoes Gun Dealer Licensing Measure

* Madigan backs Dem central committee incumbent in 13th
* Ed Rogers: As a Republican, I see a 12-alarm fire raging. Why can't Trump?
* Trump factor looms large in Illinois governor primary campaigns
* Ray LaHood brokers deal for O'Hare expansion
* McCann says Rauner threatened to 'destroy' him in 2015 over vote
* Eugene Robinson: Trump's craven surrender to the NRA
* Thumbs Up: To the history-making Southeast Spartans basketball team
* Rauner looking into state buying vacant nursing home in Quincy
* Luciano: What if Downstate dumped Chicago and formed new state?
* AP review: Push for gun laws faces resistance in most states

* Decatur and Macon County Neighbors: Obituaries published today
* Area Calendar 3/17/18
* Daily Digest 3/17/18
* Opioid crisis topic for panel discussion
* Suspected EHD cases in deer at low to moderate level
* Free workshop teaches you more about your bike
* Sister Cities ambassadors hold fundraiser
* No one hurt in Champaign mobile home fire
* Winter weather advisory issued for northern counties
* Donna Sue Felts

* Kane scores 4 goals to lead Sharks past Flames 7-4
* Hoffman scores in OT, Senators edge Stars 3-2 for 3rd in row
* Kasatkina beats Williams; Osaka upends Halep at Indian Wells
* What happened to the former Haeger factory in East Dundee?
* No. 16 UMBC etches name in sports lore, routs No. 1 Virginia

* River Town Chronicles: Randy Hultgren is T...
* 7 Democrats talk strategy for winning prim...
* 14th Democratic hopefuls talk guns at Bata...
* ICOs Draw Fire at US Congressional Hearing...
* Primary candidates vie for Democratic nomi...
* 7 Democrats talk strategy for winning Tues...
* What to Expect When Congress Talks ICOs To...
* 14th District candidates agree: Global war...
* Chelsea Handler shares 14th Congressional ...
* 14th District Dems voice opinions on immig...

* This RSS feed URL is deprecated...

* This RSS feed URL is deprecated...

* What Culture Wrestling: Why WWE Struck Accidental Gold On WWE RAW This Week #Raw
* Lt. Gov. candidate at 95th on Friday
* Some school officials were too anxious to control student dissent at walkouts
* 4 Story, 20 Unit Building Proposed For Vacant Lot On Agatite
* The Week In Chicago Rock
* SportsMonday: Loyola Living The Dream
* The Weekend In Chicago Rock
* Unlike Illinois, Michigan turning tide on out-migration numbers
* Cook County GOP tries new tactic to undermine GOP Township Committees' pro-Ives endorsements
* The Iraq Death Toll 15 Years After The U.S. Invasion

* Illinois Awarded Funds to Offer Advanced Training on Detecting Impaired Driving
* Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May - Ready Illinois website offers preparedness tips for people, caregivers
* First Lady Launches Illinois Family Connects
* Governor and Lt. Governor Unveil 2016 Journal of Local Government Shared Service Best Practices

* Samsung Galaxy S10 Facial recognition, iPhone SE2 leak & more – Pocketnow Daily
* Lumia 1020 Throwback! Can HMD & Nokia disrupt like this again? (video)
* Spotify IPO will have no underwriting banks
* Google Pay working on Wear OS in three more countries
* Ex-chairman of Qualcomm board leaves company
* iPhone X ad for Face ID features vanity bug
* Review: Eve Button Offers Quick Physical Controls for Activating Your Favorite HomeKit Scenes

* Spring Stats Glance
* Dunning among top prospect performers
* Sox lose to Cubs 6-3, but Avi shines
* Jones steaming toward back-end bullpen role
* No shocks in seven Sox cuts
* Moncada, Anderson building bond for future
* Jones steaming toward back-end bullpen role

Main Menu
Pundit rankings
Subscriber Content
Blagojevich Trial
Updated Posts

March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005


RSS Feed 2.0
Comments RSS 2.0

Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller