Running from Petters

Yesterday, several politicians announced they intend to either return or donate campaign contributions from Tom Petters, the Minnesota businessman who is now in jail awaiting trial on fraud charges.

Today, at least one business is also trying to put some space between it and Petters.

TCF Bank issued a statement late Friday saying, “Neither TCF Financial Corporation, its subsidiaries, nor any senior executive of TCF Financial Corporation have any investment or lending exposure to Petters.”

Meanwhile, David Brauer at MinnPost reports one of Petters’ companies closed its doors today.

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