Does Dino Rossi have a bank problem?
Millionaire Rossi’s expected entrance into the race against incumbent Sen. Patty Murray (D-Wash.) will likely prompt Democrats to question his relationship to a Bellevue, Wash. bank that has run into problems with federal regulators over low capital ratios and lending practices.
Sound familiar? A similar problem with a bank has proven to be a huge headache to Illinois Democratic Senate hopeful Alexi Giannoulias, whose family owned Broadway Bank, which was taken over by the FDIC.
Rossi’s involvement with the financially foundering Eastside Commercial Bank isn’t nearly as intimate or quite as substantial as Giannoulias' -- he was one of 35 stakeholders to shell out $10,000 to start the enterprise in 2001, according to a Rossi ally with knowledge of his involvement.
http://www.politico.com/blogs/glennthrush/0510/Rossi_linked_to_troubled_commercial_bank.html?showall