Bizblogger

Site for Free Markets and Free People

Friday, April 23, 2010

Dem Senate Candidate's Family Bank Shut Down

Today the FDIC shut down Broadway Bank, owned by the Giannoulias family. It is expected to cost taxpayers almost $400 million.

Alexi Giannoulias is the Democrat Senate candidate in Illinois. Unbelievable, but then again, this would be just the first of many more expensive bills to taxpayers if this guy gets elected.