Only a day after U.S. Senator Dick Durbin announced that he would chair the flailing campaign of former banker Alexi Giannoulias for the junior U.S. Senator slot from Illinois, Durbin is already urging his young charge to fess up and disclose anything damaging about his banking past.
Fox News reported that Durbin said this yesterday:
"I believe he(Alexi) will be more forthcoming. There are some things we do know and should acknowledge. He (Alexi) has not been involved with his family bank for four years.The current portfolio of that bank, only 9 % of those loans reflect loans that were on the books when he(Alexi) left the bank 4 years ago, so the loan package out there now at that bank is substantially different. I think he should come forward. He's talked to me about it what happened there, he's very proud his father started this bank and built it up from nothing. The controversy there whether it reflects on Alexi himself personally or the banking practices remains to be seen, but I've encouraged him to answer all the questions."
I wonder if Durbin is now thinking he might have moved a little fast in accepting that campaign chairmanship.
Alexi has been ducking questions about his banking past ever since he ran for State Treasurer. The NRSC outlines it all here. You can bet that in the wake of the Scott Lee Cohen debacle, local news media (who were embarrassed by flubbing the Cohen story) will not rest until they wring the entire truth out of Giannoulias.
I just hope they don't beat Giannoulias up so badly that the Dems wake up and get a smarter, less damaged opponent against Congressman Mark Kirk for the November election.