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Breaking on Intel ... but one wonders what the motivation is for Cuomo to file a lawsuit against a California company and non New York-based computer makers.. -------- New York Attorney General Andrew Cuomo filed antitrust charges against Intel Corp. (INTC), alleging the company threatened computer makers and paid huge kickbacks to stop them using competitors' chips. The attorney ... read more

Back after the week in Chicago and here are a few of the stories I'm reading: The 'democratization of credit' is over and now it's time to pay the piper Most depressing blog post of the day Dollar reaching a breaking point? ETFs to go long or short the dollar Many now believe their homes will reflate in value Chinese banks financial time-bomb? (few days old but I ... read more

Breaking - Shocker from the IOC. Chicago was the first city eliminated in the runnning for the 2016 Olympic games.    Despite being considered a favorite, it actually received the least number of votes. At this writing its down to Rio and Madrid. Surprising, and (at least for me who's a big fan of Chicago) disappointing. ... read more

Stories I'm reading this Wednesday: Health care plan squeezes the middle Plus a $1,761 hit per year from cap & trade Real estate industry wants new multi-billion dollar subsidies Barclays off balance sheet toxic asset grab Bernanke says the recession is over Is the recession really over? Bank of American analyst upgrades Amazon Is this Fiat coming to America? Is gold ... read more

Liz Mac's discussion of the threatening letter two congressmen sent to health insurance companies asking for (already public) information about executive compensation, company retreats, etc made me think about this supposed pirate saying about improving morale: Since no health care executive is anywhere near being one of the top 10 paid CEOs.  #10 comes in at a cool $71 milllion vs. ... read more

Stories I'm reading this Wednesday: Retail sales slowdown shows recovery not here yet Positive GDP data doesn't necessarily mean the recession is over Consignment shops showing gains Fascinating breakdown of which words the President says most White House assessment of the stimulus plan Ford increasing production Paul Krugman bets on NYC real estate 4 signs your ... read more

Many of you ask for quick feeds on top stories / guests / etc so good use for Twitter. Follow me on the message service: www.twitter.com/briansull Click on the above .. send me a request and Ill approve you can get my updates.   Good way to spend 30 secs and get news you need. Will try to post short, relevant notes about news of the day along with any oddball stuff I come across ... ... read more

Someone sent me this ... hilarious. Enjoy and have a great 4th of July.   Im off until Monday. http://www.youtube.com/watch?v=ekKk4SkiC-w&feature=related ... read more

The 150 year jail sentence of Bernard Madoff is meant to be a statement to scam artists in training: don't even think about committing financial fraud.    But will Madoff's life sentence and the government's rush to create new regulation help prevent economic fraud in the future?    History, American behavior and even wine tell us it won't. Frank Partnoy's excellent book "The Match ... read more

Stories I'm reading this Wednesday: OECD says the U.S. will lead the world out of recession New home sales still not recovering Durable goods numbers though surprised to the upside Big oil ready for big gamble in Iraq Citigroup raising salaries to offset lower bonuses Red Roof Inn defaults on debt .. most of it owned by ... read more