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.
About the blogger
Bob Collins has been with Minnesota Public Radio since 1992, emigrating to Minnesota from Massachusetts. He was senior editor of news in the ’90s, ran MPR’s political unit, created the MPR News regional website, invented the popular Select A Candidate, started several blogs, and every day laments that his Minnesota Fantasy Legislature project never caught on.
NewsCut is a blog featuring observations about the news. It provides a forum for an online discussion and debate about events that might not typically make the front page. NewsCut posts are not news stories.