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Super PAC eyes Jeremiah Wright ad buy

Barack Obama & Jeremiah Wright

Here’s today’s political bombshell, courtesy of the New York Times: A GOP-leaning Super PAC funded by the founder of TD Ameritrade and the owner of the Chicago Cubs, Joe Ricketts, is considering a proposal to launch TV ads re-litigating President Obama’s ties to the Rev. Jeremiah Wright. And it would be timed to air leading up to the Democratic convention in September. “The $10 million plan, one of several being studied by Mr. Ricketts, includes preparations for how to respond to the charges of race-baiting it envisions if it highlights Mr. Obama’s former ties to Mr. Wright, who espouses what is known as ‘black liberation theology.’

 

Several brokerages stop taking Facebook IPO orders

Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies.

 

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