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2009
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December 2009
12/30/09
State cracks down on campus credit card marketing
A new state law spearheaded by State Treasurer Alexi Giannoulias that cracks down on predatory credit card marketing practices on Illinois college campuses goes into effect in the new year.
12/29/09
Giannoulias: It’s not too late to redeem expired gift cards
Illinois residents who received gift cards from previous holiday seasons may be able to redeem them for cash even once the gift cards expire, according to the Illinois State Treasurer Alexi Giannoulias.
12/22/09
Illinois reaches $77 million Bright Start settlement with Oppenheimer
Attorney General Lisa Madigan and Treasurer Alexi Giannoulias have reached a settlement agreement with OppenheimerFunds, Inc. and three subsidiaries to resolve an investigation into the company’s management of one of the underlying funds in the state’s 529 college savings plan, Bright Start. According to the terms of the settlement, Oppenheimer agrees to pay Illinois $77.23 million, which will be distributed to eligible Bright Start account holders.
12/14/09
Giannoulias sells Lincoln Hotel at public auction
Illinois State Treasurer Alexi Giannoulias today sold the President Abraham Lincoln Hotel and Conference
Center at public auction for $6.5 million, making good on his pledge to end a 29-year political and financial
saga that has cost taxpayers nearly $30 million.
12/9/09
Abraham Lincoln Hotel For Sale Next Week
Illinois Treasurer Alexi Giannoulias will put the President Abraham Lincoln Hotel and Conference Center up for public auction next Monday in an effort to end a political and financial debacle that has dragged on for more than 25 years and cost taxpayers nearly $30 million. Top
November 2009
11/25/09
Treasurer Giannoulias wants you to Bling in the New Year
Looking for the perfect gift this holiday season? The Illinois Treasurer’s Office can help.
Illinois State Treasurer Alexi Giannoulias’ office is selling more than $30,000 worth of jewelry, coins and other collectibles during its two week-long Bling in the New Year holiday eBay auction.
11/24/09
Bright Start gets into holiday spirit
Bright Start account holders can win a contribution for simply inviting their friends and families to contribute to their college savings accounts, Illinois State Treasurer Alexi Giannoulias said today.
11/9/09
Giannoulias enhances state’s military loan program
Illinois State Treasurer Alexi Giannoulias today announced the expansion of a state-run loan program so military personnel who experience financial difficulties have access to low-interest loans after their deployment ends.
11/7/09
New child-care center brings up to 40 new jobs to Springfield
During a time when many businesses are announcing cutbacks and layoffs, a new 16,600 square-foot child-care center celebrated its Grand Opening today, becoming the first newly built day-care facility in Springfield in nearly 10 years. Top
October 2009
10/20/09
Abraham Lincoln Hotel saga coming to an end
Illinois Treasurer Alexi Giannoulias will put the President Abraham Lincoln Hotel and Conference Center up for public auction in December to finally end a political and financial debacle that has dragged on for more than 25 years and cost taxpayers nearly $30 million.
10/8/09
Aurora targeted for Illinois’ “Bank On” program
Aurora will become the second Illinois city to take part in a national campaign aimed at bringing low-income families into the financial mainstream.
10/5/09
Giannoulias bill targets debt scams
State Treasurer Alexi Giannoulias is proposing legislation to crack down on debt settlement companies that prey on consumers who are drowning in credit card bills.
10/1/09
Giannoulias launches “Bank On Rockford”
State Treasurer Alexi Giannoulias formally launched Bank On Rockford today, aiming to sign up 1,000 unbanked Rockford-area residents from underserved and minority communities for free and low-cost accounts in the next year.
Top
September 2009
9/14/09
Bright Directions launches rewards program
Illinois’ Bright Directions College Savings program now offers families a new way to save for college with a credit card that earns cash rebates whenever they go shopping, State Treasurer Alexi Giannoulias announced today. Top
August 2009
8/20/09
Giannoulias’ air quality bill puts the brakes on idling
Illinoisans can breathe easier knowing a bill drafted by Illinois State Treasurer Alexi Giannoulias aimed at stopping excessive truck idling in Chicago and other highly populated communities is now law.
8/18/09
Giannoulias awards 10 agriculture scholarships
State Treasurer Alexi Giannoulias presented Excellence in Agriculture Scholarships to 10 outstanding high school seniors today during his office’s annual Ag Day breakfast at the Illinois State Fair in Springfield.
8/14/09
Treasurer: Bid on state’s “All American Auction”
In keeping with the 2009 Illinois State Fair’s “All-American” theme, Illinois State Treasurer Alexi Giannoulias is holding an “All-American Auction” on eBay.
8/14/09
Fairgoers to win $2,000 in college savings accounts
Fairgoers can enter daily to win money for college at Illinois Treasurer Alexi Giannoulias’ tent during the State Fair in Springfield.
8/11/09
Governor Cracks Down on Campus Credit Card Marketing
Governor Pat Quinn joined with Treasurer Alexi Giannoulias to sign a bill seeking to halt predatory credit card marketing practices on Illinois college campuses.
Top
July 2009
7/22/09
Treasurer holds Quad Cities Outreach Days
The Illinois State Treasurer’s Office will promote financial literacy, low-cost loan programs and foreclosure prevention techniques at the Quad Cities’ Outreach Days from Monday, July 27 through Wednesday, July 29. All events are free and open to the public.
7/13/09
Giannoulias cleans up, revamps farm loan program
After discovering evidence of wrongdoing in the nation’s largest state-backed agriculture loan program, Illinois State Treasurer Alexi Giannoulias has implemented new safeguards to save state tax dollars and ensure farmers can receive financial assistance.
Top
June 2009
6/29/09
Statement on Hartmarx Purchase from Illinois State Treasurer Alexi Giannoulias
American workers can declare victory today. A bankruptcy judge approved the sale of Hartmarx to a firm that intends to keep thousands of jobs in the United States, including 1,000 here in Illinois.
6/9/09
Million Dollar Day nets $1.6 million for Peorians
Illinois State Treasurer Alexi Giannoulias declared Million Dollar Day a success after his Cash Dash team set a record by initiating more than $1.6 million in claims for Peoria-area residents.
6/3/09
Giannoulias to return $1 million to Peorians in 1 day
Illinois State Treasurer Alexi Giannoulias’ office will attempt to return more than $1 million in unclaimed money to Peoria-area residents in a single day.
6/3/09
Rockford targeted for Illinois’ first “Bank On” program
Rockford will become the first Illinois city to take part in a national campaign aimed at encouraging low-income families to begin banking with mainstream financial institutions.
Top
May 2009
5/11/09
Low-interest loans offered to storm victims
Residents, business owners and farmers in Franklin, Jackson and Williamson counties are eligible for low-interest disaster recovery loans, Illinois State Treasurer Alexi Giannoulias said today.
5/6/09
Treasurer recoups $5.65 million from Lincoln Hotel policy
Illinois State Treasurer Alexi Giannoulias will collect nearly $5.7 million from an insurance policy on the Abraham Lincoln Hotel and Conference Center in Springfield, taking another significant step toward ending a soured political sweetheart deal.
5/4/09
Giannoulias announces “Anti-Bailout”
Illinois State Treasurer Alexi Giannoulias is demanding that Illinois financial institutions reinvest in the communities they serve if they expect future state money.
Top
April 2009
4/16/09
Child care center to expand, break ground in Normal
A Bloomington-Normal child care center will break ground Friday, April 17 on a new site that was partially funded through the Illinois State Treasurer Alexi Giannoulias’ Employ Illinois program.
4/3/09
Giannoulias applauds passage of ethics reform legislation
State Treasurer Alexi Giannoulias believes a series of ethics reforms approved by the Illinois General Assembly will go a long way toward preventing wrongdoing within Illinois’ five state-funded pension systems.
Top
March 2009
3/30/09
Bright Start goes green for Earth Day
Families enrolled in Illinois’ Bright Start College Savings Program can now save money and the environment by switching from paper to electronic delivery of their Bright Start account statements, Illinois State Treasurer Alexi Giannoulias announced today.
3/9/09
Giannoulias bill supports fair campus credit card marketing
A bill drafted by Illinois State Treasurer Alexi Giannoulias that would crack down on predatory credit card marketing practices on college campuses passed out of committee today.
3/5/09
Giannoulias “solicits” students for credit card reform
Illinois State Treasurer Alexi Giannoulias and SIUE college students held a “counter marketing” event at the Morris University Center today, encouraging undergraduates to sign a petition in support of responsible credit card marketing.
Top
February 2009
2/27/09
Giannoulias bill to attract more businesses, high-paying jobs
A bill that would attract new businesses to the state and create high-paying jobs passed out of an
Illinois Senate committee today.
2/26/09
Giannoulias: Get rid of abuses in Capital Litigation Fund
Illinois State Treasurer Alexi Giannoulias’ bill aimed to curb alleged abuses in the Capital Litigation Trust Fund passed unanimously out of a House committee today.
2/10/09
Giannoulias Offers Agriculture Scholarships
State Treasurer Alexi Giannoulias wants Illinois high school seniors who plan to study agriculturerelated
majors in college to apply for his Excellence in Agriculture Scholarships.
2/10/09
Giannoulias: Beware of refund anticipation loans
With income tax season upon us, State Treasurer Alexi Giannoulias warned Illinois residents today about the high cost of refund anticipation loans and other “instant” filing offers and urged them to use free assistance and direct deposit alternatives.
2/3/09
Treasurer announces “economic stimulus” for IL families
During these uncertain economic times, Illinois State Treasurer Alexi Giannoulias wants to put more than $1 billion back in the hands of 10 million Illinois residents and businesses.
Top
January 2009
1/29/09
Giannoulias statement on impeachment
The Illinois Senate took the appropriate and responsible step to unseat the Governor who squandered his opportunities to help the people of Illinois and flagrantly abused his power for personal gain.
1/29/09
Giannoulias message to Bright Start investors
Given the volatility the financial markets experienced during the past year, most of us watched our account balances decline despite the care with which we chose the Bright Start Program’s investments.
1/28/09
State Purchases $10 million in Israel Bonds
The state of Illinois purchased $10 million in Israel Bonds this month, locking in a better rate of return than similar bonds sold by United States government agencies in the current volatile marketplace.
1/26/09
State initiates probe of OppenheimerFunds
Illinois has served subpoenas on OppenheimerFunds, Inc., the fund manager responsible for investing money in Illinois’ Bright Start Savings Program and other 529 plans nationwide that have recently suffered serious financial losses.
1/8/09
Giannoulias awards Bright Start scholarships
Illinois State Treasurer Alexi Giannoulias announced today that more than 250 Illinois students are 2008 Bright Start Scholarship recipients.
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