Answer the following question: Facts:   - profession: finance    - residence: grayslake , illinois    - preceded: adeline jay geo-karis    - party: democratic    - state senate: illinois      - district: 31st    - term end: 2011    - succeeded: suzi schmidt    - term start: 2007    - state: illinois    - name: michael bond    - religion: roman catholic march 2012   Based on these bullet points, write a short biography describing the life of michael bond -lrb- politician -rrb- .
Answer:
michael bond is a former democratic member of the illinois senate , representing the 31st district from 2007 to 2011 .bond lives in grayslake .he received his bachelor 's degree in economics from southern illinois university in 1992 , and his mba in finance from roosevelt university in 1997 .prior to being elected to the senate he held various finance and budgeting positions with allstate insurance company , most recently director of corporate finance .bond was elected to fill the seat being vacated by longtime senator adeline jay geo-karis .geo-karis , who had served in the state senate since 1979 , was defeated in the republican primary by sue simpson .geo-karis went on to endorse and actively campaign for bond .bond 's election , in an historically republican district , was one of the many democratic victories in 2006 that gave the democratic party a super-majority in the state senate .senator bond served as the vice-chairperson of the transportation committee , and serves on appropriations ii , pensions and investments , and state government & veterans affairs committees .in early 2010 , members of michael bond 's staff started going through the obituaries in the local newspapers and passed resolutions honoring his former constituents .a daily herald article -lrb- http://prev.dailyherald.com/story/print/?id=368821 -rrb- stated that `` the resolution was submitted because a staffer copied the information from his obituary in a paper and the cause of death and other details were not known . ''due to the staff mix up , a resolution was drafted that ended up honoring a drug dealer who ran over three police officers , and was shot by a fourth one .on november 2 , 2010 , michael bond lost the general election to lake county board chairman suzi schmidt .he got about 46.5 % of the vote , versus just over 53 % for suzi schmidt .