from the Kirk for U.S. Senate campaign
Misleading Giannoulias Claim: In response to the Chicago Sun-Times uncovering a Broadway Bank loan made to Tony Rezko and Nadhmi Auchi while Alexi Giannoulias was Vice President and Senior Loan Officer, the Giannoulias campaign said: “Alexi left daily operation of the bank in September of 2005.”
FACT: As late as December 20, 2005, Alexi Giannoulias told reporters that he was still vice president and senior loan officer at Broadway Bank. “Giannoulias noted that he currently serves as vice president and senior loan officer at the four-branch Broadway Bank in Chicago.” (State Journal-Register, “Senator announces run for treasurer,” 12/20/05)
FACT: The newly disclosed loan to Auchi and Rezko was completed in February 2006, which suggests negotiations began in late 2005 while Giannoulias, by his own account, was Senior Loan Officer.
FACT: The Chicago Tribune reported that Alexi Giannoulias received a $41,000 salary from Broadway Bank in 2006.
FACT: Alexi Giannoulias cannot explain why Broadway Bank would loan money to a convicted felon (Auchi) and an individual known to be under federal investigation for corruption (Rezko), especially when the latter was already delinquent on a previous loan.
FACT: Alexi Giannoulias cannot explain why he misled the Chicago Tribune when he suggested his family and Broadway Bank could not have known about Tony Rezko’s alleged criminal activities when loans to him were made.