The Democratic nominee in Illinois’ US Senate race…Alexi Giannoulias…is at the White House to help celebrate the contributions Greek-Americans have made to the nation. This while questions still linger on whether Giannoulias knew for some time the family-business…Broadway Bank…was in serious trouble.
After submitting to a round of interviews (but not with Fox News) last week. Giannoulias conceded in those interviews it was not likely his family could raise the $70-million dollars or more to keep the bank afloat. Then…the latest development was raised by Crain’s Chicago Business on Monday:
“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.”
This sets off a new round of questions for Giannoulias…who despite the on-going bad news about Broadway…remains (according to polls) in a tight race with Republican nominee Mark Kirk.
The Chicago Tribune and Chicago Sun-Times editorial boards felt Giannoulias’ answers about Broadway during their interviews with the candidate left the panels wanting. With the possibility of profiting from a bank likely to fail…there’s little doubt reporters and voters will be wanting more in the form of details from Giannoulias.