Jan Schakowsky (D, IL-09) saves Shorebank after all.

    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 – one that will of course have no obvious relationship to Rep. Jan Schakowsky (IL-09), who lobbied very strenuously to save Shorebank… even though it’s not based in her district. | Read More »