This from Don Surber:
"Democratic Illinois state Treasurer Alexi Giannoulias is his party’s best hope for keeping the Senate seat that Barack Obama won in 2004. Rasmussen on Thursday reported he is up 31%-23% over his nearest rival in Tuesday’s primary.
“In match-ups with likely Republican nominee, Congressman Mark Kirk, Giannoulias ran strongest in December. Their race was a near toss-up,” Rasmussen reported.
And that is a problem.
“Giannoulias would be nothing in Illinois politics if not for Broadway Bank. Now the near-failure of that family-owned bank is threatening to make him a political non-entity again,” reported David Greising, deputy editor of the Chicago News Cooperative.
It is difficult to run on your record as state treasurer when your family’s bank collapsed like that. Especially when this happened:
“During Mr. Giannoulias’s time at the bank, brokered deposits catapulted fourfold, to $640 million. The typical bank at this point was growing brokered deposits at about 9 percent a year. Mr. Giannoulias’s bank was increasing its load by as much as 48 percent in a single year. Broadway Bank’s brokered deposits reached 80 percent of total deposits in 2006,” reported David Greising, deputy editor of the Chicago News Cooperative.
Republicans may be rooting for a Giannoulias victory."