* Foxes guarding the henhouse? Authorities probe insider trading at the SEC.
* Super LP Chris Douvos on the good and the bad from annual meeting season.
* GreenFuel Technologies shuts down, after $30 million in VC funding and an interim CEO stint by Bob Metcalfe.
* Windjammer Capital sues portfolio company Brown Publishing, alleging that “the family-controlled Ohio chain shifted its newspapers and other assets to shell companies and was preparing a bankruptcy filing — all with the aim of keeping the firm from collecting at least $9 million under a stock warrant agreement.”
* Terralliance — the company I wrote was “imploding” a few months back — says that it has secured new funding. No details, including participants, amount or whether the “funding” is equity or debt. That last part is very important, because the company’s big problem had needed to renegotiate its crushing debt-load.
* Mohamed El-Erian: A New Normal
* Google admits it was out of service for a little while yesterday, which raises the obvious question: Has Google become too big to fail?
* Note: Tomorrow I hop a plane to Peru for two weeks of R&R (although hiking the Inca Trail sounds neither restful nor relaxing). Be back when the calendar flips June….