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Durbin: Can't Blame Giannoulias For All Of Broadway Bank's Problems

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Illinois Sen. Dick Durbin says it's not fair to hold Democratic U.S. Senate nominee Alexi Giannoulias responsible for every decision at his family's troubled bank and contends voters are more concerned about jobs and the economy than the fate of the Broadway Bank.

Still, Durbin, the state's senior senator and the chairman of Giannoulias' campaign, said it is fair to ask the Democratic nominee what responsibility he bears for the problems facing the bank. Giannoulias worked at his family bank prior to being elected state treasurer in November 2006. Federal regulators have asked family members who own the bank to recapitalize it or risk closure later this month.

Read the whole story at Chicago Tribune