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Giannoulias Family Bank Taken Over by Regulators
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Devon Archer
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Hunter Biden
<[email protected]>
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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 protected]
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