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2008
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July 2008
7/21/08
State Treasurer’s workshops to fight foreclosure
The Illinois State Treasurer’s Office will host a series of foreclosure prevention workshops for community leaders, clergy and employers in Illinois from Monday, July 21 through Friday, July 25.
7/17/08
State commits $550,000 to Cahokia Mounds
The state is committing nearly $550,000 to Cahokia Mounds to assist in the preservation and restoration of the largest prehistoric Native American city north of Mexico, Illinois State Treasurer Alexi Giannoulias announced today.
7/15/08
Treasurer cuts interest rates for green businesses
Illinois State Treasurer Alexi Giannoulias will offer discounted interest rates to businesses that are going green independently or through Ameren, ComEd and other energy-efficiency programs.
7/14/08
Giannoulias opens new satellite office in Rock Island
In an effort to reach more Illinois residents, State Treasurer Alexi Giannoulias today opened a Treasurer’s satellite office in the Rock Island County Building at no new cost to the state.
7/14/08
Giannoulias opens new satellite office in Rockford
In an effort to reach more Illinois residents, State Treasurer Alexi Giannoulias today opened a Treasurer’s satellite office in the Zeke Giorgi State Building at no new cost to the state.
7/7/08
Town hall meetings scheduled for disaster areas
In a series of town hall meetings scheduled for the next two weeks, the Illinois State Treasurer’s Office will provide an overview of the office’s low-interest loan programs for Illinois residents in the wake of recent storms.
7/3/08
State sells troubled Collinsville hotel
The State of Illinois has sold the Collinsville Holiday Inn, putting an end to an ill-fated, politically
connected sweetheart deal that cost the state millions, Illinois State Treasurer Alexi Giannoulias
announced today. Top
June 2008
6/23/08
Twenty four counties eligible for disaster loans
Low-interest loans are available to residents and businesses in Edgar, Monroe, Randolph, St. Clair and Whiteside counties, Illinois State Treasurer Alexi Giannoulias said today.
6/23/08
Giannoulias tours Champaign bio-tech company
Illinois State Treasurer Alexi Giannoulias toured a bio-technology company in
Champaign today to promote the state's investment in venture capital firms.
6/19/08
More areas eligible for disaster loans
Low-interest loans are available to residents and businesses in Winnebago, Jersey, Knox and
Madison counties, Illinois State Treasurer Alexi Giannoulias said today.
6/17/08
Town hall meetings scheduled for disaster areas
In a series of town hall meetings scheduled for the next two weeks, the Illinois State Treasurer's office and other local, state and federal agencies will present on the financial assistance available to Southern Illinois residents in the wake of recent storms.
6/16/08
Low-interest loans offered to storm victims in Lake and Douglas counties
Low-interest loans are available to residents and businesses in Lake and Douglas counties, Illinois State Treasurer Alexi Giannoulias said today.
6/16/08
Low-interest loans offered to storm victims in seven west-central counties
Low-interest loans are available to residents and businesses in
Adams, Calhoun, Hancock, Henderson, Mercer, Rock Island and Pike
counties, Illinois State Treasurer Alexi Giannoulias said today.
6/11/08
Low-interest loans offered to storm victims in six southeastern counties
Low-interest loans are available to residents and businesses in Clark, Coles, Crawford, Cumberland, Jasper and Lawrence counties, Illinois State Treasurer Alexi Giannoulias said today. Top
May 2008
5/29/08
Giannoulias preps Abe Lincoln Hotel for sale
Illinois State Treasurer Alexi Giannoulias plans to spend approximately $270,000 on necessary improvements at the President Abraham Lincoln Hotel in Springfield before putting it on the auction block in the next several months.
5/23/08
Giannoulias: Military medals will never be sold
Heading into the Memorial Day holiday, Illinois State Treasurer Alexi Giannoulias is pushing a bill that would prohibit lost or abandoned military medals from being sold by the state under future administrations.
5/20/08
Your child could star in a Bright Start commercial
Illinois State Treasurer Alexi Giannoulias wants Illinois parents to submit home videos of their children for his first-ever Bright Start College Savings Program scholarship and commercial contest.
5/19/08
Giannoulias report exposes wrongdoing at Lincoln Hotel
Owners of the Abraham Lincoln Hotel and Conference Center in Springfield employed a sophisticated scheme to limit and divert its cash flow according to a forensic review commissioned by Illinois State Treasurer Alexi Giannoulias. As a result, it appears the owners attempted to defraud the state of millions of dollars in loan payments.
5/7/08
Giannoulias: Deposit stimulus checks in Bright Start
Illinois residents should consider investing their economic stimulus checks into a Bright Start College Savings account that could double their money in 10 years, State Treasurer Alexi Giannoulias said today.
5/2/08
Interest in Collinsville hotel pushes back sale date one week
Heightened interest in the upcoming sale of the Collinsville Holiday Inn has resulted in the state providing an additional week before bids are due, the Illinois State Treasurer Alexi Giannoulias’ Office said today.
Top
April 2008
4/28/08
Treasurer commits $3.5M to IL college scholarships
With college costs outpacing inflation, Illinois State Treasurer Alexi Giannoulias is committing $3.5 million in scholarships to Illinois students, including $2.8 million in need-based grants that he announced today.
4/23/08
Treasurer’s Office launches new Bright Start ads
Illinois State Treasurer Alexi Giannoulias’ office has launched a new advertising campaign designed to increase awareness about the state’s 529 Bright Start College Savings Program and ultimately boost the number of accounts.
4/16/08
Bright Start Top 5 rated college savings plan in nation
Morningstar, Inc. has named Illinois’ Bright Start College Savings Program one of the top five
college savings plans in the nation, Illinois State Treasurer Alexi Giannoulias announced following
the release of a report today.
4/1/08
Ex-Treasurer employee caught stealing State funds
A former employee of the Illinois State Treasurer's Office has been indicted on federal charges of stealing $750,000 when she worked for Treasurer Judy Baar Topinka, authorities said today.
Top
March 2008
3/26/08
Giannoulias to auction off Collinsville Holiday Inn this spring
The state will hold an auction in May to sell the Collinsville Holiday Inn to a new owner, finally
ending the state’s ill-fated saga of granting multi-million dollar loans to politically connected
insiders, Illinois State Treasurer Alexi Giannoulias said today.
3/24/08
Treasurer Giannoulias offers aid to southern Illinois disaster areas
Low-interest loans are available to southern Illinois residents affected by the recent flooding
through the state’s Opportunity Illinois Disaster Recovery Loan program, State Treasurer Alexi
Giannoulias said today.
3/17/08
Bill protects consumers from "finder fees"
Illinois State Treasurer Alexi Giannoulias is introducing a consumer protection bill that will prohibit companies from charging outrageous fees for reuniting Illinois residents with their own unclaimed property, something they can do themselves for free.
3/12/08
Giannoulias pension bill passes House committee
Illinois State Treasurer Alexi Giannoulias wants to commit all revenues generated by his office’s
unclaimed property division toward paying down the state’s $42 billion unfunded pension liability.
3/11/08
Treasurer partners with Neumann Association on eBay project
The photos eBay buyers see highlighting the state’s unclaimed property available for sale this
month have been taken by individuals with developmental disabilities and mental illness.
3/5/08
Giannoulias' office takes title of Lincoln Hotel
Illinois State Treasurer Alexi Giannoulias took a significant step toward the sale of the President Abraham Lincoln Hotel and Conference Center by effectively gaining ownership of the troubled property today.
3/4/08
Giannoulias advises Springfield women to "recession-proof their portfolios"
With the possibility of a recession in the near future, Illinois State Treasurer Alexi Giannoulias gave financial advice to more than 200 women at this year’s Smart Women Smart Money conference in Springfield today.
Top
February 2008
2/25/08
Giannoulias Challenge: Beat me in basketball, earn Bright Start scholarship
State Treasurer Alexi Giannoulias, a former NCAA Division I basketball player and international
pro-baller, wants to give away a Bright Start College Scholarship this weekend, but you’re going to
have to earn it.
2/25/08
Giannoulias doubles agriculture scholarships in 2008
Illinois State Treasurer Alexi Giannoulias has doubled the number of scholarships his office will award this year to high school seniors who plan to study agriculture in college.
2/8/08
Treasurer Giannoulias seeking 55,000 owners of lost cash
More than 55,000 people and businesses have had money and assets turned over to Illinois Treasurer Alexi Giannoulias’ Office since August 2007, bringing the total number of unclaimed property claimants to a whopping 10 million.
2/6/08
Illinoisans now able to deposit tax refunds automatically into Bright Start
For the first time, Illinois residents can have their income tax refund deposited automatically into their Bright Start College Savings account when completing their state and federal tax returns, Illinois State Treasurer Alexi Giannoulias announced today.
Top
January 2008
1/27/08
Giannoulias announces Fallen Heroes Scholarship
Illinois State Treasurer Alexi Giannoulias and Illinois Department of Veterans’ Affairs Director Tammy Duckworth have established the Fallen Heroes Scholarship Fund to benefit the children of fallen Illinois service members.
1/22/08
Giannoulias asks banks to waive fees for Holocaust survivors
State Treasurer Alexi Giannoulias is asking Illinois banks to voluntarily waive wire transfer fees on
reparations from the German government paid to Holocaust survivors.
1/16/08
Foreclosure order issued for Springfield hotel
A judge has entered an order of foreclosure for the President Abraham Lincoln Hotel and Conference Center in Springfield, marking a significant step toward ending a 25-year political and financial debacle that has cost Illinois taxpayers nearly $30 million, State Treasurer Alexi Giannoulias said today.
1/14/08
Rock Island buys hybrid fleet
The city of Rock Island will drive clean and save green in 2008 thanks to the purchase of 21 new, fuel-efficient hybrid vehicles, Illinois State Treasurer Alexi Giannoulias said today.
1/10/08
Giannoulias legislation aims to reduce foreclosures
A measure drafted by State Treasurer Alexi Giannoulias that would make it easier for homeowners to refinance mortgages was approved by lawmakers in the Illinois House today.
1/7/08
New investment strategy to raise $1 million a year
The State of Illinois is introducing securities lending as a new, low-risk investment strategy designed to boost the yield on the state’s portfolio, conservatively, by as much as $1 million annually, State Treasurer Alexi Giannoulias said today.
1/2/08
Bright Start rewards program offers new way to save for college
Families enrolled in the Bright Start College Savings Program can now earn money toward their children’s college tuition whenever they go shopping with the new Bright Start Futuretrust MasterCard, Illinois State Treasurer Alexi Giannoulias announced today.
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