Henry Kravis and George Roberts's KKR will become a public company by the end of the year in a complex deal that may ultimately value KKR at $15-20 billion. [Bloomberg]
The SEC will extend temporary limits on short-selling as well as extend them to include a number of other additional stocks. [WSJ]
Hedge funds may post their worst month in five years. [Bloomberg]
Earning were up 12 percent for Verizon during the second quarter. [NYT]
Lehman does not plan to part with Neuberger Berman after all. [NYP]
Sirius execs are in a good mood this morning after the FCC approved the Sirius-XM deal late Friday night. [WSJ]
More bad news about year-end bonuses: Experts expect financial firms will deliver $18 billion less in pay and benefits in 2008, the biggest single-year decline in Wall Street history. [NYT]
