Chicago Sun-Times
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Alexi Giannoulias raised $1.8 million for Senate bid

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Illinois Treasurer Alexi Giannoulias raised $1.8 million to date for his Senate bid, while his likely Democratic rivals have zero dollars in their warchests.

Giannoulias has been fund-raising since March. Federal fund-raising reports, public next week, will show that Giannoulias raised about $670,000 in the second quarter of 2009.

He said he was "humbled and honored" that in his "horrible economy, people were so generous."

Giannoulias is also in a position to pour some of his own money in his campaign; his federal financial disclosure statement--which requires that only the range of assets be listed--will show that he is worth between $13 million and $62 million, I'm told.


Merchandise Mart mogul Chris Kennedy, the son of Bobby Kennedy, has been organizing his Senate bid for months and has a potential formidable fund-raising network and some star-powered relatives.

Still, Kennedy will be starting from scratch--and federal campaign caps on donations make it very time consuming to raise big pots of money. Chicago Urban League Chief Cheryle Jackson just opened her exploratory bid.


"It takes time to raise money," said Giannoulias. People who wrote him checks for $50,000 in his state campaigns--with no donor limits--are so hard up now that he's lucky to get a $500 check from the same contributor, he said.


He plans to "officially" launch his campaign in the coming weeks.

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4 Comments

It does impress me that in this horrible economy that people can be so generous. I work for a drug rehab facility and I see a number of people who wish they could get help but can not afford it. I hope one day that all changes.

AND THEY'RE OFF, ALEXI IS IN AND BURRIS IS OUT OF THE RACE, MADIGAN IS OUT, KIRK SAYS NO, BUT WAIT A MINUTE KIRK SAYS HE IS IN, IS THE NICE LADY FROM THE URBAN LEAGUE IN, WELL ANYWAY ALEXI HAS RAISED 1.8 MILLION, 2010 IS AROUND THE CORNER, START YOUR CAMPAIGNS, IT IS GOING TO BE FUN TO WATCH!

Don't be fool, most of the 1.8M comes from his family warchest. The rest is likely from his Greek community supporters. If you ask Illinosians across the state or city if they support or even like this guy, they'll tell you about Bright Star and how before Giannoulias was against Blagojevich, he was for him. Oh and for those of you that don't know, Giannoulias's Dad (a corrupt financier) helped kick-start Mr. Obama's political career by donating thousands of dirty Broadway Bank dollars to him. Hmmm, you scratch my back, I'll scratch yours anyone? Aren't you guys sick of the same old politician prototype in this state? FRESH BLOOD PLEASE!

Our state has become a mockary because of people like giannoulias so deeply connected to the slimy and corrupt Illinois Democratic machine. I voted for Obama in 2008 but its tough to support the machine. I'm supporting Kirk.

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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This page contains a single entry by Lynn Sweet published on July 10, 2009 6:13 AM.

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