- Attorney General Andrew Cuomo is expanding the probe into auction-rate financing. [Reuters]
- A Goldman analyst forecasts that gold will be $149 a barrel by the end of the year. [NYP]
- IAC/InterActiveCorp's breakup takes effect today, which means Barry Diller's baby is now a five-headed monster. [Bloomberg]
- Big banks on Wall Street are steering clear of high-yield offerings. [NYP]
- Is a takeover of Sun Microsystems in the works? [Dealbook]
- Evercore Partners has landed a $120 million investment from Japan’s Mizuho Corporate Bank. [NYT]
- At least one firm is hiring: Royal Bank of Canada has picked up 100 senior bankers from its rivals. [Dealbook]
- Andor Capital Management is shutting down. [Dealbook]