A federal judge in Chicago has rejected a motion by former Broadway Bank CEO Demetris Giannoulias and other defendants to dismiss a $114 million lawsuit by federal regulators who alleged that reckless lending by the directors and officers doomed the bank to failure.No word yet from Eric Holder on this story. Or Barack Obama, since he had a big banking relationship with Broadway Bank.
Thursday, January 17, 2013
Obama Crony Faces Setback: Judge won't stop feds' lawsuit against Broadway Bank
Crain's Chicago Business reports:
