Virginia governor Democratic primary
That was over quick. State senator Creigh Deeds pulls off an impressive victory over a big name with big money Terry McAuliffe.
Democratic Primary For Governor (70% of Precincts Reporting)
Creigh Deeds 101,278 (50%)
Terry McAuliffe 53,117 (26%)
Brian Moran 48,632 (24%)
Deeds will face Republican Attorney General Bob McDonnell in November.
Chrysler BK
The Supreme Court lifts the stay on the Chrysler bankruptcy. That means the sale of Chrysler to Fiat can go forward. The court made clear, though, that this doesn’t necessarily means that a GM bankruptcy will automatically go forward.
Ending more than three days of intense, round-the-clock and high-stakes legal maneuvering in the Supreme Court, the Justices on Tuesday evening without dissent removed a legal obstacle to sale of the troubled auto industry giant, Chrysler.
Insisting that it was denying a postponement “in this case alone,” the two-page order said the challengers had not met their burden of showing that a delay was justified. The reference to this case alone perhaps was a signal that the Court did not want its order to appear to give advance clearance for any other government rescue plan — such as that to save another auto company, General Motors.
The order allows a closing of the deal by no later than next Monday, because it lifts a temporary stay that Justice Ruth Bader Ginsburg had issued on Monday; she did so, apparently, only to give the Court time to ponder the issue.