‘Mob Banker’ Giannoulias Can’t Raise As Much $$ As Mark Kirk

-By Warner Todd Huston

Democrat candidate for Senate Alexi Giannoulias seems to be having some trouble raising campaign cash, at least when compared to the more successful efforts by GOP candidate Mark Kirk.

Giannoulias told reporters that his first quarter fund raising rang in at about $1.1 million for his race to win Barack Obama’s old Senate seat. For his part, Kirk reported that he raised $2.2 million.

The candidate have until April 15 to make their formal fundraising report.

Giannoulias claimed that his bank troubles were not a factor in his lower fundraising amount than Kirk’s. It has been discovered that Broadway Bank, the family bank Giannoulias ran, made over $20 million in bad loans to convicted felons, loans that were never paid back.

The bank is also in severe financial straits having lost $75.3 million last year alone. Regulators have given Broadway Bank until the end of the month to raise $85 million to cover its shortfall.

Quiet whispers among state Democrats have been heard questioning Giannoulias’ electability and rumors abound that state pols are considering alternatives to his candidacy despite his win in the late primary.

Desperate to refocus the news cycle upon Mark Kirk, Giannoulias tried to characterize Kirk as “obsessed” about Giannoulias’ Broadway Bank troubles. Kirk, however, has built a small 37-33 lead in the polls early in this campaign.


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Warner Todd Huston is a Chicago based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart’s BigGovernment.com, RightWingNews.com, CanadaFreePress.com, StoptheACLU.com, TheRealityCheck.org, RedState.com, Human Events Magazine, AmericanDailyReview.com, and the New Media Journal, among many, many others. Additionally, he has been a frequent guest on talk-radio programs to discuss his opinion editorials and current events and is currently the co-host of “Life, Liberty, and the Pursuit of Conservatism” heard on BlogTalkRadio. Warner is also the editor of the Cook County Page for RedCounty.com.

He has also written for several history magazines and appears in the new book “Americans on Politics, Policy and Pop Culture” which can be purchased on amazon.com. He is also the owner and operator of PubliusForum.com. Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston

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