Diane Sawyer

Over the weekend, Michael Bloomberg and ABC News invited Barack Obama and John McCain to debate each other in a 90-minute town hall showdown, which would be broadcast live in primetime from Federal Hall.

ABC's Good Morning America anchor Diane Sawyer—who did not get the opportunity to moderate a debate in the primaries—would host the town hall meeting.

Both campaigns have since indicated that they would be willing to participate in the event in New York City, but did not want ABC to solely control the broadcast.

The invitation marks the second time this year that a major media company has attempted to sponsor a debate without the blessing of the Commission on Presidential Debates—a non-partisan, D.C.-based organization, which has more or less maintained a monopoly on organizing general election debates for the past 20 years.  read more »

In the wake of comments she made about Barack Obama that have drawn criticism from both his campaign and the press (and then  read more »