https://redstate.com/moe_lane/2010/08/24/jan-schakowsky-d-il-09-saves-shorebank-after-all/feed/Conservative News & Politicsen-usWed, 10 Jun 2026 14:35:21 -0400<![CDATA[Back in May it was reported that the failing, yet politically-connected Shorebank in Illinois was to be bailed out. The bank actually closed last Friday, but was resurrected yesterday and turned into a new bank &#8211; one that will of course have no obvious relationship to Rep. Jan Schakowsky (IL-09), who lobbied very strenuously to save Shorebank&#8230; even though it&#8217;s not based in her district. It is, however, the bank that Schakowsky&#8217;s convicted felon husband Robert Creamer used to partially extricate himself from the consequences of his fraud scheme; the bank provided critical assistance to Creamer that allowed him to avoid default &#8211; which would have beneficial effects on his sentencing a decade later*. There is a strong whiff of this transaction being part of a quid pro quo &#8211; with the latter half being paid off, well, right about now.]]>Tue, 24 Aug 2010 08:30:29 -0400<![CDATA[Moe Lane]]>https://redstate.com/moe_lane/2010/08/24/jan-schakowsky-d-il-09-saves-shorebank-after-all-n35979