Alexi giannoulias illinois treasure biography
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Chris. https://web.archive.org/web/20090130035218/http://jta.org/news/article/2009/01/28/1002600/illinois-makes-big-israel-bonds-purchase. 2023-12-05. He became the youngest (aged 30) state treasurer in U.S. political history.
U.S. mdy-all . He won the Democratic primary, but narrowly lost the general election in November 2010 to Republican Mark Kirk.
April 16, 2008. On July 26, 2009, he officially announced his candidacy for the United States Senate at the Hilton Chicago, the same place then-Senator Barack Obama endorsed Giannoulias for State Treasurer in 2006. November 30, 2020 . April 19, 2023 . Louis hotel scheduled for judicial sale" . Spielman. In April 2009, Consumer Reports studied college savings programs across the country "to see how well they performed during last year's stock-market plunge." Consumer Reports "found five that are worthy of an A," and ranked Bright Start as one of the top five college savings programs in the nation.
Giannoulias helped reform the program,[18] and Bright Start went from being one of the worst programs in the country to one of the best.
Giannoulias announced he would run for Illinois Secretary of State to succeed retiring incumbent Jesse White. Shia . Chicago Sun-Times . Giannoulias also founded and chaired the AG Foundation, a not-for-profit charity that donated money to treat child-related illnesses, curb poverty and assist disaster relief organizations.
Illinois Treasurer
Elections
Although the state Democratic Party led by House Speaker Mike Madigan backed his opponent, Paul Mangieri, in the primary, Giannoulias was endorsed by U.S.
Representatives Jan Schakowsky, Jesse Jackson Jr.,[1] and by then-Senator Barack Obama.[2]
The Chicago Sun-Times news group also endorsed Giannoulias in the general election, arguing that he would "bring valuable private enterprise experience from banking to the job" and praising his "creative" policy proposals like a securities lending program, improving Bright Start, and promoting green energy.[3] Running on a campaign platform that emphasized comprehensive ethics reform for the Treasurer's office,[4] Giannoulias won the March 2006 primary and went on to defeat Republican candidate Christine Radogno in the general election.
Tenure
Ethics reform
On his first day as State Treasurer, Giannoulias "signed an executive order to enact the most comprehensive, widest-ranging ethics package of any elected official in the state", according to his official state website.
April 14, 2010. Chicago Tribune . September 1, 2018. Chicago Sun-Times. Live primary results . When the housing market crashed in late 2008, commercial real estate loan performance deteriorated and Broadway Bank, which had focused its lending in real estate, suffered.
Nine percent of the value of the bad loans originated while Giannoulias was chief loan officer.:1
At the end of business on Friday,, the Illinois Department of Financial and Professional Regulation, Division of Banking, seized Broadway Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.