Posts by Jeff Fecke
Fed, JP Morgan Chase bail out Bear Stearns
In another sign of the worsening American credit crisis, JP Morgan Chase agreed to buy out insolvent investment firm Bear Stearns for approximately $267 million.
Bear Stearns, which was valued at $3.54 billion at close of trading on…
Madia widens lead for 3rd District endorsement
Attorney Ashwin Madia picked up 32 of 49 delegates up for grabs Saturday, to widen his lead over State Sen. Terri Bonoff, DFL-Minnetonka, in the race for the DFL’s Congressional endorsement in Minnesota’s 3rd District.
Madia now holds…
Obama ‘pained and angered’ by Wright’s comments
Sen. Barack Obama, D-Ill., has strongly decried comments made by his former pastor, Rev. Jeremiah Wright and defended his decision to remain a part of his church.
“I vehemently disagree and strongly condemn the statements that…
Bush ‘envious’ of troops in Afghanistan, calls their work ‘romantic’
George W. Bush videoconferenced with military and civilian personnel in Afghanistan Thursday morning. “I must say, I’m a little envious,” he said. “If I were slightly younger and not employed here, I think it would…
Edina mayor suspends congressional campaign
Edina Mayor Jim Hovland today suspended his campaign for the Democratic endorsement in the 3rd Congressional District.
Hovland, a recent convert to the DFL, had been trailing behind attorney Ashwin Madia and State Sen.…
Clinton apologizes for Ferraro flap: ‘I certainly do repudiate it.’
Speaking before the National Newspaper Publishers Association, an association for African- American community newspapers, Sen. Hillary Clinton, D-N.Y., apologized Wednesday night for comments made by former Rep. Geraldine Ferraro, D-N.Y., a prominent Clinton…
