Embattled Petters Group files bankruptcy Minnetonka-based Petters Group Worldwide and a subsidiary of the company that is at the center of a federal fraud investigation each filed for Chapter 11 bankruptcy reorganization Saturday as Tom Petters, their founder and former CEO, sat in jail.
WASHINGTON — President Bush today announced a $250 billion plan by the government to directly buy shares in the nation's leading banks, saying the drastic steps were "not intended to take over the free market but to preserve it."
ROCHESTER, Minn. — Democrat Barack Obama is the only presidential candidate who "gets it" when it comes to the nation's economic problems, his wife Michelle Obama told supporters today.
McCain's new speech strategy: Emphasize appeal of scrappy, comeback fighter Three weeks before Election Day, Sen. John McCain today is unveiling what his aides call a more forceful new stump speech in which he portrays himself as a scrappy fighter on the comeback trail against an opponent who's already "measuring the drapes" in the Oval Office.
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Republican Sen. Norm Coleman's daughter wants you to know her dad has "got a really good heart." 
Investors may be careening on a roller coaster now, but for the area's major cultural organizations, it's not such a white-knuckle ride. 
