Alexi Giannoulias, D, wants your sympathy 

Hat tip to Ben Smith for finding this ad, in which Illinois Democratic Senate nominee Alexi Giannoulias counts on voters to sympathize with bankers who gamble their depositors' money, pay themselves millions of dollars, and lose big:

I feel pretty bad for the guy after seeing this ad. "No one could have foreseen" what happened -- i.e. that the housing market wouldn't expand forever, or that cashing out and pocketing most of the bank's equity would put a strain on its ability to operate in an economic downturn.

I'm also very sad to hear that Chicago has one less bank now for "people who couldn't go to the big banks" -- you know, mobsters, money-launderers, restaurant owners who commit fraud and flee to Canada, and profligate gamblers who held outsized influence in the Blagojevich administration.

Where will these people get their loans now? Certainly not from the big banks.

About The Author

David Freddoso

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David Freddoso came to the Washington Examiner in June 2009, after serving for nearly two years as a Capitol Hill-based staff reporter for National Review Online. Before writing his New York Times bestselling book, The Case Against Barack Obama, he spent three years assisting Robert Novak, the legendary Washington... more
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