DealBook, The Abridged Version (10.17.06)

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Crime/Fraud/Legal/Investigations/Inquiries/Regulation:
Yahoo signs pact with CBS for local news video [video]
Unlicensed plastic surgeon Dean Faiello pleaded guilty in the death of Barclays Capital analyst Maria Cruz [legal]
Options timing problems with new UnitedHealth Group chief [backdating]
Russian environmental regulator threatens to revoke oil field licenses held by Lukoil [regulation]
KLA-Tencor says its internal investigation uncovered $400 million in backdating related costs from options grants to former CEO Kenneth Schroeder. [backdating]
Hedge funds under disclosure pressure from lawmakers and investors [regulation]
M&A: [? = not yet closed, problems with the deal, lingering questions, etc.]< Law firms Stoel Rives and Weintraub Genshlea Chediak have ended merger talks
Law firm Reed Smith, already scheduled to merge with Richards Butler,
+ Sachnoff & Weaver
Walmart+ Chinese retailer Trust-Mart
Banco Popolare di Verona e Novara + agreed to buy Banca Popolare Italiana
Willis Group + Marsh & McLennan: ?
Canada’s Atlas Cold Storage Income Trust + Avion Group
3M + Brontes Technology
For Sale/ LBOs/ Going Private/ Auctions/ Offerings:
Macquarie Bank leads group buying RWE’s Thames Water unit [Sold]
Carlyle Group downsizing proposed investment in China’s biggest construction-equipment maker to win government approval [China]
Golden Gate Capital agrees to buy Sierra Systems Group for $81.9 million [Sold]
Hong Kong retail investors literally line up for ICBC IPO [Offering]
Earnings:
Philips Electronics says 3Q profits almost tripled on a gain of 4.19 billion euros from selling 80 percent in Philips Semiconductor [Earnings]
ICICI Bank, India’s second- largest bank, and a smaller rival, HDFC Bank likely to report higher 2Q earnings from record surge in lending [Earnings]
Merrill Lynch reports net earnings of $3 billion in the third quarter [Earnings]
People & Moves:
Governor of Connecticut offers state assistance to find new jobs for displaced Amaranth employees [Hedge funds]
The power of PayPal alumni [Silicon Valley]

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Miscellaneous:
Boutique banks big in Britain [Banking]

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