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jkettnich@stepstoneglobal.com

How feelings of gratitude breed happiness and well-being. Siblings share genes but rarely personalities. Here's why. How to watch football online this long Thanksgiving weekend. Gift guide: What 12 bosses are giving. The making of an informed charitable donation. Google checkout is offering Black Friday discounts. Mickey Drexler is pouring $100 million of his own stock into J.Crew's buyout. After the Del Monte foods buyout, who's next on the shopping list? Venture capitalist David Hornik on the worst deal in Silicon Valley.
After a week of hedge fund raids, federal officials have made their first arrest. A new study spotlights the correlation between wealth and Internet usage. One of the most potentially intrusive technologies for profiling and targeting Internet users with ads is on the verge of a comeback. Bouyed by record profits, the Street's elite are throwing lavish parties, spending big and — in a historical indicator of doomed excess — renting dwarves. Will 2011 be the year of the cleantech IPO? Banks have been pulling back from proprietary trading to comply with the Volcker rule, but the case of a Goldman Sachs trade shows how complicated it will be to define that rule. New Google Maps makes traffic harder (impossible?) to see. How racism works neurologically. (Too interesting not to include.) Happy Turkey Day, everyone!
What's the real value of your startup options? Find out here. Getting your "baggage" handled by the TSA this Thanksgiving weekend? There's a badge for that. Apple has been poaching RIM's enterprise salespeople. Google fans in Germany are a little too wacky -- they've been using eggs to pelt the homes of those who've chosen to blur their homes on Google Street View. Why the Feds want Steve Cohen. Insider trading is "everywhere." Hermès Sticks It to LVMH, using Salma Hayek as a "pawn." Franklin & Marshall College's alumni association will next week host what's certain to be the year's most awkward panel discussion.
Paul Deninger, the longtime vice chairman of the investment banking firm Jefferies & Co., has left to join Evercore Partners, a fast-growing investment banking competitor, peHUB has learned. Deninger didn’t respond to comments about the transition, but one source close to the matter says that Deninger will begin reporting to work at Evercore, headquartered in […]
Google supposedly inches closer to buying Groupon. HauteLook brings flash sales of designer goods to Facebook. Attention versus distraction: What that big New York Times piece leaves out. Pundit Paul Kedrosky signs a three-year exclusive agreement with Bloomberg. (Congrats, Paul!) A Goldman Sachs managing director is said to have an especially cruel way of canning employees. PE firms are finding more and more liquidity through dividend recaps. Hank Morris, the private equity "finder" at the heart of New York's public pension kickback scandal, today pled guilty to a felony violation of The Martin Act. The cost of those insider trading rumors? $15 billion and counting. Jim Chanos: I stopped using 'expert networks' because the information was "too good to trade." I hate to tell you: Phrases that announce "I’m lying."
Groupon continues to shop itself around, while the going is still good. Accel Partners is selling large chunks of its Facebook stock, according to TechCrunch, which counts Andressen Horowitz as one buyer. TechStar's founder sees an accelerator implosion up ahead. Fortune outlines how Facebook wound up trouncing MySpace. Bethany McLean says the economic crisis was "never about home ownership." Harry & David CEO Steven Heyer and Wasserstein & Co. CEO Ellis Jones discuss the differences between public and private companies. After losing to Wells Fargo in its bid for Wachovia Corporation, Citigroup gets a $100 million consolation prize from Wells to resolve claims that it acted unfairly. The FT underscores why China's rampant credit growth will likely end in tears. Will Mike Bloomberg's unwavering loyalty to Steve Rattner kill his shot at the White House? A naked guy in a car trunk freaks out German users of Google's street view.
Andrew Cuomo files two lawsuits, seeking at least $26 million from Steve Rattner -- and to ban him from the securities industry in New York, for life. Quandrangle meanwhile sends its investors a letter that states its business with Cuomo is finished and that, by the way, Rattner is still "failing to take responsibility for his actions.” For good measure, President Obama thanks two members of the White House's former automotive task force for their part in GM's turnaround. Rattner isn't one of them. Venture capitalist Peter Rip of Crosslink Capital has passed away. (Our sincerest condolences go out to his family.) Will AOL join with PE firms to finally kill Yahoo and capitalize off its separate assets? Not today, says AOL head Tim Armstrong. MySpace cries uncle, and hands its lunch money to Facebook. Microsoft opens a new store in Bellevue, right after infusing it with nitrous oxide. (You'll see. Fast forward to 2:30.)
The top 10 lies that entrepreneurs tell VCs (and three lies that VCs tell them). Zynga will soon begin selling "candy cane seeds" on Farmville to raise money for a San Francisco children's hospital. How...altruistic. Ten "must-have" apps for the iPhone. GM prepares itself for the largest stock market debut in American corporate history. Société Générale's "rogue" trader Jérôme Kerviel tells Der Spiegel that his bosses knew everything. Kayak has filed for an IPO, but if Google's merger with ITA goes through, it'll be anything but (yes) smooth sailing for the online travel site. If you missed yesterday's 40-minute-long tète-à-tète between Fred Wilson and John Doerr, you can watch it here. Warren Buffett writes a thank you letter to the U.S. government for intervening in the financial crisis, but the Journal perceives a slight. Path, the new startup from Napster founder Shawn Fanning and longtime Facebooker Dave Morin, comes into view. In news that seems wrong on a number of levels: Google has just entered the fashion biz.
According to a new Harvard study, interviewers prize style over substance. Analysts weigh in on how scared (or not) Google and Yahoo should be of FaceMail. Feel a little squeamish about those airport body scanners? You're going to feel a lot worse after reading this piece. Even when they've been shot, hammered, and sawed to pieces, Apple's products manage to look cool. Carol Bartz explains Yahoo's business without dropping the f-bomb -- or answering whether she'd be open to a take-private offer. One day after publicly stating that its offer to buy Dynegy was firm, Blackstone calls its new $5-a-share bid to be its “best and final” offer. Hedge fund guru John Paulson has been dumping bank stocks like hot coals. Some restaurants secretly loathe OpenTable, while others are pretty open about their hatred.
Sarah Palin's Twitter flub becomes "Word of the Year." Oracle versus SAP = a Silicon Valley opera in the making. Facebook officially takes on Google and Yahoo. Bain Capital's Josh Bekenstein talks great PE shakeout. Blackstone barks back at Carl Icahn. Hedge funds load up on Apple. Discount retailer Loehmann's files for Chapter 11. CEOs just keep getting richer and richer. Law firm Goodwin Procter launches a free resource to help out entrepreneurs with some legal and organizational schtuff.
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