Alexi Giannoulias is officially on the defensive. On Wednesday, he launched a website called truthaboutalexi.com in a desperate attempt to address allegations relating to his time as a senior loan officer at Broadway Bank, as well as his oversight of the Bright Start College Savings Fund.
Giannoulias also did the rounds of Chicago media. Giannoulias told the Chicago Sun-Times editorial board that it is “quite likely that the bank will not be around” by the time the November elections roll around. But he denied making any “reckless or risky loans.” He attributed the bank’s financial situation to the collapse of the housing market.
The Giannoulias campaign is aiming to blunt the attacks being lobbed left and right by his opponent, Mark Kirk questioning Giannoulias’ ties to corrupt officials, the mob, and ultimately his competence. On Tuesday, Kirk’s campaign circulated a memo entitled: “Mounting questions surrounding Alexi Giannoulias’ risky lending practices take center stage in Illinois Senate race.”
Going on the defensive may backfire for the Giannoulias campaign. By addressing the so called “smear” attacks, Giannoulias is sending the message that they are credible enough to be addressed in the first place. In particular, the Kirk campaign will ask why, if the charges are so outrageous, the Giannoulias campaign needed to launch a website specifically designed to debunk them. If Giannoulias doesn’t find a way to answer these questions convincingly, and soon, he will almost certainly lose.


































GOProud // Mar 4, 2010 at 9:27 am
The more this latest Chicago Thug of the Obami Cult tries to “explain” his family’s corruption, his personal corruption, their connections to the mob and how he helped crushed the real estate market in Chicago and northern Illinois, Alexi the Thug seems to dig deeper and deeper.
It’s like he thinks he’s in the Obama Administration or the Democrat Congress and his game is to spend more, run up the deficit, spread flash money and paybacks to political cronies… dig the hole deeper instead of putting down the shovel.
Both the Obami and Alexi the Thug should stop digging all these holes. Someday the holes will serve as their final resting spots.
sinz54 // Mar 4, 2010 at 12:11 pm
I just looked at that website.
It actually puts all the charges on there, verbatim, and then tries to debunk them–with long-winded and nuanced explanations.
That’s really stupid.
It means that anyone who has not heard all the charges can go there and read them all for himself, while he gets bored with the attempted explanations.
He should have explained his track record without reference to the specific charges.