Subject: Giannoulias Family Bank Taken Over by Regulators
From: "Eric Schwerin" <[email-masked]>
To: "Devon Archer" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Fri, 23 Apr 2010 23:58:43 -0400

Giannoulias Family Bank Taken Over by
Regulators<http://politicalwire.com/archives/2010/04/23/giannoulias_family_bank_taken_over_by_regulators.html>
The Chicago Tribune<http://www.chicagobreakingbusiness.com/2010/04/regulators-enter-broadway-bank-headquarters.html>
reports
banking regulators entered the Chicago headquarters of Broadway Bank
tonight, "the apparent concluding step in the government's expected takeover
of the family-run lender that helped launched U.S. Senate candidate Alexi
Giannoulias' political career."

The FDIC estimates the cost to the Deposit Insurance Fund will be $394.3
million.
-- 
Eric D. Schwerin
Rosemont Seneca Partners
(202) 333-1880
[email-masked]