***FACT CHECK***
Alexi Giannoulias Acknowledged Natixis Real Estate Financing in 2007 – Now Changes Story as Iran Ties Surface
Giannoulias Myth: The Giannoulias family’s $21.5 million loan from the controversial French bank Natixis is not a problem because the family did not know the loan's origin and because the loan was made after Alexi Giannoulias became State Treasurer.
Get the Facts:
- In 2007, Crain’s Chicago Business reported that Alexi Giannoulias and his family took out a $21.5 million, 10-year loan from the French bank Natixis to finance the family’s real estate portfolio. At the time, Giannoulias knew all about the loan and defended it by saying Natixis did not do business with the State of Illinois.
- In 2007, Crain’s Chicago Business reported that filings with the Securities and Exchange Commission disclosed that Natixis was the lender to the Giannoulias family – further proof that the borrower knew its lender.
- Despite his election as State Treasurer, Crain’s Chicago Business reported that Alexi Giannoulias still held stock in Giannoulias Enterprises – the limited partnership that holds the family’s real estate portfolio. Giannoulias did not divest himself from Giannoulias Enterprises after his election.
- On Friday, the Weekly Standard reported that Natixis remains one of the largest foreign investors in Iran’s energy sector – and even held deposits from Iran’s Central Bank the same year the Giannoulias family took out its loan.
- As a Senate candidate, Alexi Giannoulias claims he supports divestment from companies doing business with Iran’s energy sector – companies like Natixis.
Questions for Alexi Giannoulias:
- Why are you now suggesting that your family didn’t know Natixis was behind a $21.5 million real estate loan when in 2007 you spoke openly about it with Crain’s Chicago Business?
- Do you think it’s hypocritical to call for divestment from companies doing business with Iran’s energy sector when you refuse to divest from Giannoulias Enterprises?
1 comment:
Greeks have always harbored isalmosoviet terrorists. On the Thursday before Easter Greeks chant pogrom inciting Beatitudes against "godslaying lawless Jews"in Greek, but change it to "Assemby of Jews" in English. They removed American Archbishop Iakovos because he was too American and Jerusalem Patriarch Irineos because he was too friendly with Israelis. Old witches who used to work at diners until they dropped now slip "Elder Protocols" and other terror claptrap in the pews. When I was growing up priests, would bathe, shave, wear pants - Robed, bearded, stovetopped priest is terror sympathist by definition. Greece was only euronation not to vote for 1947 Israel creation. In such time of war, we should insist that any public assembly of more than ten mandatorily be only in English! We have freedom of worship and speech, but not language.
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