Broadway Bank is trying to recoup $12.9 million from two Chicago crime figures, rekindling a controversy as the bank's former chief loan officer, state Treasurer Alexi Giannoulias, gears up to run for the U.S. Senate.Blago's father in law, Chicago Alderman Dick Mell is supporting Alexi. Can you guess where Tony Rezko did his banking at? None other than Broadway Bank.
In recently filed foreclosure suits, the Giannoulias family-owned North Side bank alleges loan defaults by four companies whose owners include two convicted Chicago bookmakers — one also convicted of promoting a nationwide prostitution ring.
Monday, July 13, 2009
Obama Pal's Chicago Mob Linked Loans Make News Again
Crain's Chicago Business reports on Chicago Mob linked Obama pal Alexi Giannoulias:
