Palin Resigning Governor’s Job; Future Unclear
New York Times
Gov. Sarah Palin of Alaska abruptly announced on Friday that she was quitting her job at the end of the month, shocking Republicans across the country and leaving both parties uncertain about whether she was leaving national politics
or laying the groundwork for a presidential run.
Thaw in Senate Talks, but No Hints of Power-Sharing Deal
New York Times
Tim Roske/AP From left, Senators Dean G. Skelos, Malcolm A. Smith and Pedro Espada Jr., the Bronx Democrat whose alliance with Republicans has left the Senate split, 31 to 31, since June 8, after a meeting in the governor's office Friday.
For Banks, Wads of Cash and Loads of Trouble
New York Times
MACON, Ga. - H. Averett Walker used hot money to turn Security Bank from a sleepy Southern lender into a regional powerhouse. Darrell D. Pittard used hot money to jump-start his brand-new MagnetBank, allowing it to lend hundreds of
millions of dollars even though it did not have a single drive-up window or even a customer with a checking account.