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WashPost: Pritzker at Commerce in Doubt
The Page by Mark Halperin — ... A Democratic source says the billionaire may not accept the Cabinet post for "business reasons."       ...

Pritzker for Commerce... Or Not
The Stump — ... the Hyatt hotel fortune. However, if tapped, the Chicago native might face questions about her massive financial holdings and business background. She was a former chair and holding company member of the Windy City's Superior Bank when it collapsed in 2001. As the Chicago Sun-Times reported in April, she had pushed to stimulate the bank's growth with subprime mortgage lending--a major ingredient in the financial crisis. Because of her business history, other sources say a Pritzker appointment is unlikely. --Seyward Darby ...

Pritzker Nomination in Doubt
Taegan Goddard's Political Wire — ... that Penny Pritzker was President-elect Obama's choice to become Commerce secretary, the Washington Post reports she "has run into business obstacles that will likely prevent her" from taking the post. ...

Good news: Likely Obama nominee for Commerce notorious for subprime lending
Hot Air » Top Picks — ... cited sources last night claiming that Penny Pritzker was in fact the pick. And now, come the morning, all references to her have been scrubbed and WaPo’s reporting that her appointment’s most unlikely indeed . For “business reasons.” The early favorite for the job, Pritzker may take herself out of the running soon, sources said. Pritzker was the first campaign insider and “Friend of Barack” to surface as a possible Cabinet pick. Pritzker had started a review of her vast financial holdings, weighing whether she could disentangle herself to the extent necessary to meet ...

Leakage Fallout: Pritzker's A No Go
Hotline On Call Part Deux — ... News reports today indicated that wealthy Chicago businesswoman Penny Pritzker, Barack Obama's campaign finance chair, was being strongly considered for Commerce Secretary. The buzz grew so quickly that the transition, unlike with previous leaks, which lingered, issued a statement this afternoon noting that Pritzker "is not interested in serving at this time." ...

Bill Richardson Withdraws Commerce Bid -- Time to Call Leo Hindery
The Washington Note — ... So, that's the second person who didn't make it through the process. Penny Pritzker was the first in line, but she also removed her name. ...

Steve Clemons: Bill Richardson Withdraws Commerce Bid -- Time to Call Leo Hindery
Politics on HuffingtonPost.com — ... So, that's the second person who didn't make it through the process. Penny Pritzker was the first in line, but she also removed her name. ...