Monday P.M. Report

Endgame for Petters trial: Sides sum up cases: In closing arguments at the Tom Petters trial this morning, prosecutors emphasized Petters’ leadership role in a Ponzi scheme that defrauded investors of $3.5 billion, while the defense portrayed him as a victim of con artists. Read full story 

Joe Mauer picks IMG to chase sponsorships: IMG has signed Minnesota Twins all-star catcher Joe Mauer for marketing representation. The signing of Mauer, who won the 2009 American League MVP award today, comes a few weeks after New York-based IMG signed Alexander Ovechkin, considered one of the best hockey players in the world, for marketing. Read full story

BridgePoint Medical receives European approval for devices: BridgePoint Medical Inc. announced Monday that it has received approval to sell and use its new catheter devices in Europe. The Plymouth-based medical-technology company earned the European CE Mark, the European equivalent of the U.S. Food and Drug Administration’s seal of approval, to market its CrossBoss CTO Crossing Catheter and the Stingray CTO Re-Entry System. Read full story 

Peter Bell joins TCF Board of Directors: Peter Bell, chairman of the Metropolitan Council, has been elected to the board o TCF Financial Corp.“Peter brings a wealth of knowledge and experience in government services, business development, transportation, higher education and housing,” said William Cooper, chairman and CEO of TCF. Read full story

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