Crime/Fraud/Legal/Investigations/Inquiries:
Biovail loses patent suit against generic drug maker [legal]
Texas trader trial may end with hung jury [legal]
Bribery charges against CEO of French autoparts makers [legal]
Monopolizing charges against Rambus [legal]
Pfizer’s got patent troubles too [legal]
Real life Boiler Room [legal]
Bail for Brocaders [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Genuity Capital +Front Porch Digital
KKR, Silverlake+ Philips Semiconductor: ?
Cinven, Warburg Pincus + Essent Kabelcom
Apax,KKR+ Signet: ?

Bankruptcy/Winding Down/Going Down:
Eurotunnel in bankruptcy protection: LINK
For Sale:
Something Ford owns, probably Jaguar: LINK
Money Raising:
Matrix closes $150M India fund $$$
Bharat Matrimony Group gets $8.6M $
Acceleron Pharma nabs $30M $$
Barrx Medical raised $27.8 million $$
Bear Stearns caps its third buyout fund at $2.7 billion $$$$
Miscellaneous:
Citigroup launching new prime brokerage platform: LINK
Credit Suisse slimming down: LINK
Dimmer bulbs on Wall Street: LINK
Candian mining deals: LINK
Zell shedding real estate assets: LINK
Arcelor Mittal to announce new board: LINK
MtvSpace? LINK

Crime/Fraud/Legal/Investigations/Inquiries:
Enron convictions of Merrillistas overturned [legal]
NatWest Three Trial Delayed [legal]
NYSE trader acquitted [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Exelon trying to force New Jersey’s hand in utility acquisition
Polygon + Newcastle United: ?
Silver Lake Partners + IPC Information Systems
MatlinPatterson + Cerruti
Onyx Software + M2M Holdings
Earnings:
Lazard profits double: LINK
BNP profits up 31%: LINK
Credit Suisse profits double too: LINK
For Sale:
The Mill: LINK
Semi-conductor unit of Philips Electronics: LINK
Severstal listing in London: LINK
Money Raising:
Altra hits jackpot: $120M $$$
Veralight nabs $17.5M $$
DiVitas Networks pulls in $15M $$
People & Moves:
Perella Weinberg hires Andrew Bednar from Bank of AmericaLINK
Miscellaneous:
These days everyone is a hedge fund: LINK
Vonage may sue its customers: LINK
Cendant spinoffs take their first steps: LINK
Goldman moves into European private banking: LINK

Crime/Fraud/Legal/Investigations/Inquiries:
The IRS investigating 40 companies for backdating [legal]
Feds investigating Sanofi-Aventis and Bristol-Myers Squibb for possible anti-competitive drug deal [legal]
Kazaa settlement with record and movie industry [legal]
Rambus settles with Hynix Semiconductor [legal]
Three charged with leaving fake insider tips on answering machines [legal]
Trading before big takeovers may point to leakage [legal]
Banned Brit trader Philippe Jabre drops his appeal against Brit finance authorities [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Man Grouptakes 70% of Eurex
Vista Capital and Carlyle Group + Grupo Emisor Iberostar
Barclays Capital and Permira bid for McCarthy & Stone
Earnings:
NYSE: LINK
For Sale:
Michael Foods: LINK
YouTube: LINK
Money Raising:
Intelleflex raises $15.5M $$
New biotechie Seredigm has investors$
Emphasys Medical pulls in $18.4M $$
Anulex Technologies scores nearly $20M$$
Homewreckers Nuprecon gets financing from Evergreen Pacific Partners. $$
Diomed Holdings looking for $10M $$
People & Moves:
Pfizer close to choosing next CEO LINK
Miscellaneous:
EMC and Symantec: hunting for acquisitions: LINK
Hedge fund proxy battle for baseball card maker Topps: LINK
News Corp’s wild weekend getaway: LINK
Annoying boomer bosses think they are rockstars: LINK
Amazon buys rights to make movie: LINK
VC money going to more established companies: LINK
Ebay vets doing interesting things: LINK
LBO shops: fast-bucksters or turnaround artists? LINK
Wachovia ditches Lebanese bank over Hezbollah ties LINK

Crime/Fraud/Legal/Investigations/Inquiries:
McClatchy argues against lawsuit seeking to halt its sale of three Bay area newspapers [legal]
Tech bubble bull Robertson Stephen to pay nearly $2 million in penalties [legal]
Skilling’s attempt to overturn conviction following Lay’s death rejected [legal]
SEC investigating options dating at Applied Micro Circuit [legal]
Judge gives embattled Millberg Weiss consolidated shareholder backdating case [legal]
Federal judge dismisses NSA eavesdropping case against AT&T [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Blackstone crashing HCA deal?
Macquarie Bank and Newbridge Capital + telecom and media assets of PCCW
Mecom Group meets with Orkla’s media assets
WatchGuard Technologies + Francisco Partners
Third Avenue Management bids for 18% of Catalyst Paper
For Sale:
The Jones Apparel Group auction faltering LINK
Tech Mahindra IPO LINK
Myspace IPO? LINK
More WNS shares in IPO LINK
McDonald’s Chipolte stake LINK
Money Raising:
SolFocus gets $18M from New Enterprise Associates $$
Tello raises $10M $$
Going Down/ Bankruptcy/ Liquidation/ Dissolution/ Wrapping Up:
Creditors of Yukos reject its recovery plan, pushing it closer to liquidation LINK
Lazard shutting down its European private equity arm LINK
People & Moves:
BP boss, Lord Browne, to retire in 2008 LINK
NASD chair Robert R. Glauber retiring in August LINK
Shake up at Merrill LINK
Miscellaneous:
Monster and Philadelphia Media Holdings in jobs joint venture: LINK
Wiki software company launches open source apps: LINK
SEC boss seeks renewed controls over hedge funds: LINK
Simon Doonan explains why Wall Street dresses so square: LINK
Deal volume already the highest ever: LINK
Goldman rakes it in by investing for itself LINK

Crime/Fraud/Legal/Investigations/Inquiries:
Senate Banking Committee to hold hedge fund regulation hearings [legal]
European Union okays Alcatel-Lucent deal [legal]
US government cracks down on online gambling [legal]
SEC investigating trades before HCA deal [legal]
Are more backdating indictments on the way? legal
Langone vs. Spitzer [legal]
Adelphia and bondholders reach deal; emerging from bankruptcy in Q4 [legal]
E&Y guy appointed chief accountant of SEC [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Stornoway Diamond + Ashton Mining + Contact Diamond: ?
Mama Group meets with Sanctuary Group: ?
Lots of M&A activity in Texas banks
Nacco Industries + Applica
Barrick Gold + NovaGold Resources: ?? (hostile)
For Sale:
Bank of America’s FIA Card Services division prices offering of $375 million LINK
WNS, Indian offshoring firm, going up on London Stock Exchange LINK
Heritage Underwriting raising 50 18 million in London’s Aim offering LINK
Money Raising:
Prestwick Pharmaceuticals gets $60mm $$
Zillow, online home value estimator, nabs $25mm $$
NextMedium pulls in $6mm from VC’s$
Miscellaneous:
Goldman fund of hedge fund on the London Stock Exchange LINK
Bearish and bullish on giant LBOs: LINK
Merrill pushing ahead with more private equity deals: LINK
Wilbur Ross staying the course after Amvescap deal: LINK
Juicy details from the Univision auction: LINK
Citigroup still hurting in Europe from Dr. Evil trading scheme LINK
Motorola’s $1.2 billion share buy back LINK

Crime/Fraud/Legal/Investigations/Inquiries:
Wilson Sonsini and other Silicon Valley law firms scrutinized for role in options dating practices [legal]
Barnes & Noble too [legal]
NatWest 3 must remain in the US [legal]
FTA approves settlment with Take-Two [legal]
Two youngest Murdoch kids cut out from control of News Corp legal
Boston Communications settles patent suit for $55.3 million [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Giant HCA LBO: ?
AMD + ATI Technologies
AT&T + BellSouth: ?
Fiat and Credit Agricole in financing joint venture
Hokuetsu Paper Mills + Oji Paper
Wolseley + DT Grou Addax Petroleum
News Corp + Turkish Huzur Radyo TV
New York Observer in talks with Charles Kushner
Mama Group bids on Sanctuary Group
KKR + PagesJaunes
Amvescap + W. L. Ross & Company
Exco Resources + the natural gas businesses of Progress Energy
For Sale:
BOC Edwards LINK
Kate Spade LINK
Philips Electronics’s semiconductor division LINK
Emap sale in trouble over London rents LINK
North American Energy LINK
Quimonda LINK
Money Raising:
$37Partners grabs cash and Jeff Bezos LINK
Bay Area companies take in $2.24b from venture capitalists in Q2 LINK
New Enterprise Associates closes a new $2.5 billion fund LINK
Sequans Communications takes in $24 million, tripling its funding LINK
People:
J.P. Morgan’s Andrew Brindle to UK hedge fund LINK
Miscellaneous:
Skype founders plot secret “Venice Project” LINK
Consortium of start-ups look to open source management software LINK
CompassCare shuts down LINK
Buyout boom has buyout shops bidding on unexpected deals LINK
M&A deals grow while premiums shrink LINK
Ghosn makes noises to reassure Motor City LINK
Steve Case is just like the rest of us: has doubts about Time Warner & AOL merger LINK

Crime/Fraud/Legal/Investigations/Inquiries:
Two charged in Brocade backdating case [legal]
Enron case against Barclays dismissed [legal]
Judge rejects motion to dismiss in ATT privacy case [legal]
Heinz expands board amidst proxy fight [legal]
Lawsuit targets may use discovery orders to tie up Millberg Weiss [legal]
Air France-KLM under investigation [legal]
Ex-CFO of HealthSouth ordered to pay $6.92 mm [fraud]
Judge rules KPMG tax shelter is legit [legal]
Merrill Lynch must pay at least $495,000 to PA couple who sued over analyst’s work [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Wilbur Ross + Lear auto parts assets
Kohlberg & Company + Niagara
New York Board of Trade + IntercontinentalExchange: ?
HSBC + Grupo Banistmo
Toyota + General Motors
Addax Petroleum + Pan-Ocean Energy
Inco will remove poison pill as hostile bidders close in Link
Insight Enterprise + Level 3’s Software Spectrum
Conde Nast + Nutritiondata.com
Varig Logistica + Varig
Planar Systems + Clarity Visual Systems
Bank of North Carolina + SterlingSouth
For Sale:
Two step plan to sell Verizon yellow pages unit LINK
Pension Benefit Guaranty Corporation won’t prevent sale of GMAC LINK
UK to sell stake in British EnergyLINK
NYMEX IPO may be a tough sell LINK
Money Raising:
Eliot Spitzer raised $11 mm LINK
Bârrx Medical raises $27.8 mm LINK
Hedge Funds took in $42b of new money in Q2LINK
Hertz Europe and Europcar Groupe plan to sell car back bonds LINK
Investors scramble for China IPOs LINK
Softbank plans to borrow $12 billion for acquisition of Vodaphone unit LINK
People:
New production head at BMW LINK
Voyager Capital founder resigns LINK
Miscellaneous:
Yukos blames western banks for its demise LINK
Online gaming IPO going ahead despite BetonSports arrests LINK
ATT and Metro-HiFi submit wireless bid for Riverside LINK
NewPage Holdings postpones IPO LINK
Microsoft announced a $40 billion share buyback LINK

Crime/Fraud/Legal/Investigations/Inquiries:
Yukos boss steps down; expects company will be liquidated [legal]
Two bidders offer $1M DIP for bankrupt kiddie bookmaker [legal]
Visa and Mastercard face Congressional probe on pricefixing [legal]
Accounting boards rethinking lease accounting [legal]
WTO investigating US rules on online gambling [legal]
Defense attorneys win delay in KPMG tax shelter trial [legal]
Televisa sues Univision over internet broadcasting rights [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Cramer Systems + Amdocs
Robert De Niro + New York Observer
For Sale:
Bertelsmann narrows bidders for music-publishing arm LINK
GUS to spin off its Experian credit information group LINK
Footlocker LINK
Essent Kabelcom LINK
Longview Fiber assets LINK
Shoney’s LINK
Lyondell’s Houston refineryLINK
Money Raising:
EnteroMedics nabs $45.2 mm LINK
Lux Biosciences pulls in $13 mm more LINK
Daqin Railway raises $1.9b LINK
$21 mm for Summit LINK
Earnings
Macquarie Bank forecasts record LINK
Wachovia: challenging yield curve enviro LINK
Miscellaneous:
Talk of GM-Renault-Nissan deal ruffles feathers in Motor City LINK
Sumner Redstone says his stock sales do not reflect a lack of confidence in Viacom LINK
Rambus plans to restate financials for past three years to correct options timing LINK
SOX pushing IPO capital into Europe LINK
Private equity: From pillagers to darlings LINK

Crime/Fraud/Legal/Investigations/Inquiries:
11 charged in online gambling case [legal]
Martin Broughton not questioned in BA case [legal]
Northwest Airlines asks bankruptcy court for $1.125 B [legal]
Gregory Reyes to face criminal charges [legal]
Medtronic settles with $40 mm [legal]
Copyright suit filed against YouTube [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Archstone-Smith Trust + Westmont
Televisa + Univision
Ashtead Group + NationsRent
PA Real Estate Investment Trust + Strawbridge & Clothier
L Capital + Piazza Sempione
AIG Highstar Capital + Advanced Disposal
Berkshire Hathaway + American All-Risk Insurance Services and American Commercial Claim Administrators
Ochsner Health System + Tenent Healthcare
Amdocs + Cramer Systems Group
Tyco Int’l + Confluent Surgical
Xstrata + Falconbridge (still)
NYSE + MatchPoint Trading
For Sale:
Huaxia (postponed) LINK
Peter Cooper Village and Stuyvesant Town ? LINK
Personnel
US Bancorp’s Jerry Grundhofer to retire LINK
Money Raising:
Industrial and Commercial Bank of China to raise $14 B in IPO LINK
WNS looks to raise $208.6 mm in IPO LINK
Ascent Solar Technologies raises $16.25 mm in IPO LINK
Newnham Technologies raises $13.25 mm LINK
$1 B for MidOcean Partners’ new fund LINK
Omeros raises $44 mm LINK
$50 mm for Virgo Capital LINK
$21 mm for SkyPilot Networks LINK
$18 mm for Jobster LINK
Earnings
2nd quarter profits for JPMorgan = good LINK
Miscellaneous:
Robin Saunders makes first private equity venture LINK
Rosneft shares below offer price LINK
Cheesecake Factory reviews stock options LINK
Rochas to close after fall season LINK
New EADS heads promise repairs LINK
Pending IPO for Shutterfly LINK
Lower premiums at M. Lynch LINK
Saudi Prince Alwaleed bin Talal/shareholders annoyed with Citigroup LINK
New auction date for Viação Aérea Rio-Grandense LINK
HCA buyout deal falls apart LINK

Crime/Fraud/Legal/Investigations/Inquiries:
Rambus’s $307 million patent infringement award nixed [legal]
‘The floatation of Rosneft shares against the law,’ says LSE and British regulators [legal]
C.E.O. of BetOnSports arrested for racketeering conspiracy [crime]
$193 million balance from class-action suit against PNC approved by federal judges [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Phelps Dodge + Inco; investors unhappy
EMI Group + Warner Music?
Inco Xstrata + Falconbridge?
3M + Security Printing and Systems
Vivendi + 56% of France Telecom’s yellow-pages PagesJaunes
For Sale:
BMG
Verizon Communications‘ yellow-pages unit
AOL UK Internet access business
Audio content distributor Audible?
Lions Gate?
Money Raising:
Industrial and Commercial Bank IPOs could hit $21billion $$$$
ShopWiki makes $6.2 million for intern’l expansion $
Earnings:
V.C.’s bank $11.2 billion for future investments in second quarter LINK
Merrill Lynch’s second quarter earnings top Wall Street projections at $1.6 billion LINK
BlackRock makes $53.3 million in second quarter; up 18.9% LINK
Miscellaneous:
Greylock Partners to invest in Israeli tech start ups LINK
Merrill Lynch’s global staff increases LINK
Break-up fees: good or bad? LINK
Intel denies plans to make IPO of shares for its memory chip business LINK
V.C.s wary of jumping on the social networking bandwagon LINK
Hedge funds increasingly look to Europe loan market; could this “magnify risk?” LINK

Crime/Fraud/Legal/Investigations/Inquiries:
Van der Moolen traders are guilty [crime]
Review of SBC Communications’ merger w/ AT&T and Verizon Communications’ with MCI [legal]
Grand jury subpoena for FedEx [legal]
UK Enron bankers make bail [legal]
Gary Aguirre files suit against SEC [legal]
Limelight Networks is sued [legal]
Citigroup’s Parmalat appeal is rejected [legal]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]
Standard Chartered + Union Bank
Luxembourg company + Trinity Industries’ European rail-car business
Oil & Natural Gas + PanOcean Energy
Tyco Electronics + Telemics
Warburg Pincus and Cinven + Casema
Barclays Capital or Permira + McCarthy & Stone
Blackstone Group and Kohlberg Kravis Roberts + Argos and Homebase ?
Banca Intesa + Prada
FeedBurner.com + BlogBeat.net
For Sale:
WestLB’s 27% share of HSH Nordbank LINK
Rosneft stock LINK
Personnel
Fannie Mae loses managers LINK
Kim Rosenkilde joins ABN Amro LINK
Ladenburg Thalmann replaces chair, moves to Miami LINK
Carlye Group to hire global lobbying chief LINK
Money Raising:
Nymex to raise $250 mm in IPO LINK
Multiply nabs $6 mm in Series A round LINK
$6 mm for UnWired Buyer in Series B round LINK
Total Bangun Persada raises $32.3 mm in IPO LINK
Earnings
Citigroup second-quarter profits rise 4% LINK
Miscellaneous:
Interest in PagesJaunes LINK
Hedge fund invests in Cobra Beer LINK
Role of hedge funds in Europe ? LINK
NYU hedge fund scandal LINK
Mellon Financial’s plans in China are stalled LINK
Romanian gov’t bank’s IPO will disappoint LINK
L. Bros. to expand in India LINK
Investment banks increase LBO lending LINK
Airbus tries to compete w/ Boeing LINK
GM, Renault and Nissan Motors discuss deal LINK
Phelps Dodge raises Falconbridge offer LINK
Anadarko, Encore Aquisitions, oil, M&A’s LINK
Aviva still bitter about Prudential LINK
Misys reviews take-over proposals LINK
MediaNews Group/Hearst discuss sharing online content w/ Yahoo LINK
G. Sachs has conflicting interests LINK
Doubts about London’s AIM LINK
Being a venture capitalist: a how-to guide LINK
Tom Perkins’s $100 mm yacht LINK
2nd-quarter funding for Washington companies reaches highest level since ’01 LINK
Private equity has increasing role in M&A’s LINK
Janus killing Olympus LINK
Ken Lay’s death is popular w/ bloggers LINK
Competition down among European retail banks LINK
A lot of backdating LINK
How much money managed by hedge funds? LINK
Buyout boom bad LINK
What went on at Sun Valley? LINK