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Tag Archives: Alexi Giannoulias

Fed report: No politics in shutdown of bank run by Senate candidate’s family

Daniel Ray

Banking regulators did everything by the book in closing down the bank run by the family of Alexi Giannoulias, the Democratic candidate for President Obama’s old seat in the U.S. Senate.

Politics played no role in the timing of the April closing of Broadway Bank in Chicago, a Federal Deposit Insurance Corporation investigation concluded.
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