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* We talked about this the other day, but we now know the name of the bank…
Billionaire Democratic gubernatorial hopeful J.B. Pritzker is making a $1 million deposit in Chicago’s last remaining black-owned bank.
Illinois Service Federal Savings is the beneficiary. Pritzker alluded to the investment earlier this week in an interview on WVON radio without naming the bank, but his campaign confirmed the recipient. […]
“JB has made expanding access to capital for small business and entrepreneurs, and making investments in the communities hardest hit by Bruce Rauner’s failed leadership and manufactured budget crisis a top priority for him as governor,” a spokesman said in an email. […]
Pritzker’s move echoes a similar action by Rauner in 2014 as he challenged then-Gov. Pat Quinn. Rauner deposited $1 million in a South Side credit union as a way of demonstrating the Republican private-equity magnate cared about black communities and winning at least some black votes.
In both cases—Rauner’s and Pritzker’s—the institutions are small, and the sums of money very large.
posted by Rich Miller
Friday, May 19, 17 @ 2:41 pm
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Before his political ambitions, what was JB’s hiring record? That’s what counts. We know what the governor’s was and it is the same as the number of accomplishments he has as governor: zero.
Comment by Precinct Captain Friday, May 19, 17 @ 2:48 pm
*cue the Dr. Evil pic*
One meeel-yon dollars! *puts pinky up to mouth*
Comment by Ron Burgundy Friday, May 19, 17 @ 2:50 pm
How much money has Rauner deposited in minority banks since 2014? Or is he waiting for next election? When did Pritzker realize he had no money in minority banks? When he decided to run?
Oh well it is not like they are pandering
If Kennedy wants to play I could use a few bucks
Comment by DuPage Saint Friday, May 19, 17 @ 2:51 pm
Here have a penny. Don’t spend it all in 1 place.
Comment by Huh? Friday, May 19, 17 @ 2:55 pm
You know what Illinois’ Hillary Rodham always says, “It takes a billionaire to underwrite a village!”
Comment by VanillaMan Friday, May 19, 17 @ 2:56 pm
Political grandstanding and virtue signalling by them both. The honorable thing to do would be to open these accounts and not say a thing.
Comment by Donnie Elgin Friday, May 19, 17 @ 2:57 pm
So I guess we’re not going to see JB with one of those Publishers Clearinghouse giant cardboard checks for a million, are we?
One time Rauner helped a senior living in a nursing home buy a Rauner-bankrupted nursing home, telling him the deal was for used computer parts! So there’s that!
What? Not similar?
Comment by VanillaMan Friday, May 19, 17 @ 3:02 pm
- Ron Burgundy -
Well played.
To the Post,
It’s like a right of passage now, for the “wealthy” candidates?
Felt odd when Rauner did it, feels the same odd now.
Comment by Oswego Willy Friday, May 19, 17 @ 3:03 pm
But Bruce was holding a giant cardboard check!
Comment by VanillaMan Friday, May 19, 17 @ 3:03 pm
===Political grandstanding and virtue signalling===
You must never have watched a campaign before.
Comment by Rich Miller Friday, May 19, 17 @ 3:04 pm
ugh. anything you can do I can do better….
Comment by Amalia Friday, May 19, 17 @ 3:11 pm
==Here have a penny. Don’t spend it all in 1 place.==
Pritzker pun intended?
Comment by City Zen Friday, May 19, 17 @ 3:15 pm
Nothing much has changed since Mayor “Big Bill” Thompson courted the black vote by visiting their churches and distributing “ministers’ money.”
Pay to play.
Comment by Ward Heeler Friday, May 19, 17 @ 3:39 pm
This is not the way to reach out to the AA community. Plus if you want to buy the AA vote and support a black bank, give them real money. You are a billionaire 3 times over. Cut a check for $50 million so the bank can really help black owned business. Caring and having a solution for jobs and good school is far greater than giving bread crumbs to a black own bank.
Comment by Rocky Rosi Friday, May 19, 17 @ 4:05 pm