peHUB Second Opinion 11.20

Federal prosecutors are finally narrowing in on Steven Cohen, founder of SAC Capital Advisors, in an alleged insider trading scheme.

Victoria Secret has opened its largest store in the world. It’s in New York City.

Why Wal-Mart workers are striking on Black Friday.

What a buzz kill. Fed Chairman Ben Bernanke says the central bank lacks tools to cushion the economy from the impact of the “fiscal cliff. Markets fall.

H-P claims it was tricked into buying Autonomy for $11.1 billion in 2011. H-P’s CFO, Cathie Lesjak, did try to stop the deal.

And Breaking Views points the finger at H-P director Marc Andreessen for the Autonomy mess.

Autonomy’s banker, Frank Quattrone, has a history of selling company’s to HP.

Oh, and here’s the Autonomy pitch book prepared by Quattrone’s Qatalyst Partners.

Twitter restores New York Times parody account @NYTOnIt

Zynga makes Tim LeTourneau its chief creative officer replacing Mike Verdu.

A trillion-dollar transfer of wealth is about to hit Silicon Valley.

The Big 14? Rutgers confirms it has joined the Big Ten.

Photo courtesy of REUTERS/Chip East