April 26th, 2010
09:40 AM ET
4 years ago

New ad released in heated battle for Obama's old senate seat

 Illinois Treasurer Alexi Giannoulias is up Monday with his first television commercial in the battle for President Obama’s old Senate seat.
Illinois Treasurer Alexi Giannoulias is up Monday with his first television commercial in the battle for President Obama’s old Senate seat.

(CNN) - The battle for President Barack Obama's old Senate seat is heating up.

Illinois Treasurer Alexi Giannoulias, the Democratic nominee in the race, is up Monday with his first television commercial in the general election. The ad comes out as Giannoulias deals with the collapse last week of his family's bank.

In the 60 second commercial, which his campaign says will run statewide in Illinois, Giannoulias says his family's bank helped thousands of people over the years.

"I was very proud to be a part of it, and when I left, over four years ago, it was in good shape. But no one could have foreseen these problems," says Giannoulias in the ad.

Later in the commercial, the narrator criticizes the Republican nominee in the race, Rep. Mark Kirk.

"Mark Kirk doesn't get it. First he votes for the Bush policies that got us into this mess, including tax breaks that shipped jobs to China. Then Kirk has the nerve to vote against extending unemployment benefits, saying unemployment isn't a big issue," says the narrator.

Broadway Bank was shut down Friday by regulators after the Giannoulias family was unable to raise the money to keep the bank open. Candidate Giannoulias has been pelted by questions over the controversies surrounding his family's bank.

The Kirk campaign, in a press release, recently criticized the Giannoulias family for the bank's troubles. Last month his campaign went up with television ads touting the five-term congressman as "independent minded."

Sen. Roland Burris, who in a controversial move was named by now-ousted Illinois Gov. Rod Blagojevich to replace Obama in the Senate, is not running this year for a full term in office. Charlie Cook and Stuart Rothenberg, two well respected non-partisan political handicappers, both rate the race between Giannoulias and Kirk a toss up.

–Follow Paul Steinhauser on Twitter: @psteinhausercnn


Filed under: 2010 • Alexi Giannoulias • Illinois • President Obama
soundoff (13 Responses)
  1. we want Blago

    I think Blago would fit right in in the Senate, bunch of crooks

    everyone together now: we want Blago

    (and his hair peice – the hair might need to run in a separate election)

    April 26, 2010 10:09 am at 10:09 am |
  2. Char

    The question should be, Who will go to jail next over obama's big mouth wanting a certain person to be the seat?
    H sems to think mony can buy you anything thats see him buy his way out of testifying i hope he gets impeached! It will save us the trouble of voting him out in 2012. Lets see the lamestream media get him out of this 1

    April 26, 2010 10:11 am at 10:11 am |
  3. desirea hickenbottom

    i don't think people should have something to say to Mr. Obama because he is the president not you so...........What he do is what he do........You cant do anything about it!

    April 26, 2010 10:19 am at 10:19 am |
  4. Obama the liar

    This guy fits right in.....Obama bankrupts America and Giannoulias bankrupts banks.

    April 26, 2010 10:41 am at 10:41 am |
  5. witch56

    Our town had 3 banks taken over and 2 in the area that closed. It has happened all over the country,and that doesn't have any thing to go with this man. Mr Kirk get over yourself.

    April 26, 2010 10:44 am at 10:44 am |
  6. Charles W. Skinner

    With the collapse of Broadway Bank, Giannoulias is in trouble. All Kirk has to do is find just ONE decision that Giannoulias made at the bank to make sub-prime loans, just ONE underwriter to come forward and say "the bank officials told us to make these loans to individuals who we thought couldn't afford them" in order to fully sink the Giannoulias candidacy.

    Without SERIOUS help from the Chicago political machine, Giannoulias is quite likely to lose this campaign. The rest of the state though, is going to vote for Kirk.

    April 26, 2010 10:57 am at 10:57 am |
  7. Dutch/Bad Newz, VA

    I just can't imagine a Tea Party wingnut winning this seat. Go Alexi!

    April 26, 2010 11:00 am at 11:00 am |
  8. mj

    yes let's send another elected official that obviously don't know basic economics & as a result ran a bank into the ground to DC to represent. So he can continue the current path of this country which is the same as his bank.

    April 26, 2010 11:03 am at 11:03 am |
  9. gt

    here is another big bank guy who ran his familty bank into the ground and he is talking about policies to help the little man.... come on ! are you kidding me...looser !!

    April 26, 2010 11:19 am at 11:19 am |
  10. lindita

    President George Bush is a brave man, honest and educated person. All the honest people in the world love him. Nobody replace him till now. He is a hope for all the people in the world. God bless him and his family.

    April 26, 2010 11:20 am at 11:20 am |
  11. Steve (the real one)

    I don't know how much blame this guy has on his shoulders concerning the family business tanking. What I do know is normally one does not get a promotion with this on the resume, at least not without a VERY good explanation! But hey, Illinois will figure it out! It's just their track record is suspect!

    April 26, 2010 11:32 am at 11:32 am |
  12. Rick

    and when you left you took thousands of peoples money with you, hmm wonder why he wants in the senate now, another demon crook

    April 26, 2010 11:33 am at 11:33 am |
  13. Fed Up!

    Being from Illinois, I fully intended to vote for a Republican to assume Obama's old senate seat and replace that ego-maniac Roland Burris.

    But then the Illinois Republicans, as they usually do, come up with someone like Mark Kirk, whose values and views are way too conservative, not to mention him being in bed with special interest groups already.

    November is starting to look depressing.

    I may (shudder) vote for an Illinois Democrat.

    April 26, 2010 11:47 am at 11:47 am |