The United States wants $6 billion from Jamie Dimon and JPMorgan

via the Financial Times.....

US authorities are demanding JPMorgan Chase pay more than $6bn to settle allegations it mis-sold securities to government-backed mortgage companies in the run-up to the financial crisis.....

Icahn invests in 'undervalued' Apple

Investment News Today: Icahn invests in 'undervalued' Apple: 13 August 2013 Last updated at 15:53 ET Continue reading the main story Billionaire investor Carl Icahn says he has built up a "...

Carl Icahn gets ready to do some strategic planning with Apple

Spoke to Tim. Planning dinner in September. Tim believes in buyback and is doing one. What will be discussed is magnitude.

— Carl Icahn (@Carl_C_Icahn) August 22, 2013

Jeff Bezos now wants to sell you a newspaper

Jeff Bezos buys the Washington Post. This is either wonderful for journalism or horrifying (via Pando Daily)

By Sarah Lacy On August 5, 2013When Jeff Bezos turns his sights on you, it’s either extremely good or extremely bad. There’s rarely wiggle room in between. Book sellers, gadget retailers, and publishers aren’t such fans of “take on all comers…

---

New Hockey Arena in Bankrupt Detroit for Billionaire Mike Ilitch

Mike Ilitch is a Detroit-born American entrepreneur and founder of Little Caesars Pizza. He owns the sports teams: the Detroit Red Wings of the National Hockey League and Detroit Tigers of Major League Baseball.

Ilitch was born in Detroit to Macedonian immigrants. His father was a tool-and-die maker.

In an attempt to do something positive for his Red Wings hockey team and the city of Detroit, the new hockey arena has emerged and been finalized.

As a result, the critics and haters have emerged as well. Why? That is their profession. They hate and critique. And hate some more.

Just remember, Mike, your haters and critics could not survive 20 seconds out on the ice even in a pond hockey pick up game. Good luck with your hockey arena in Detroit.

DROP THE PUCK, Mike.