DealBooK | DealB%K Afternoon Edition - Tuesday, August 14, 2012: Deal Professor: In Silicon Valley, Finding the Next Big Thing in the Ordinary
Tuesday, August 14, 2012 TOP STORY Deal Professor: In Silicon Valley, Finding the Next Big Thing in the Ordinary Steven M. Davidoff says that while it may be revolutionary, Square is really just an example of what Silicon Valley has become: process and networking at its finest. DEALBOOK » DEALBOOK HIGHLIGHTS Wells Fargo Settles Mortgage Investments Case for $6.5 Million Wells Fargo settled a case with the Securities and Exchange Commission involving investments in so-called asset-backed commercial paper that it sold to nonprofit groups, local governments and other investors. The agency said the bank sold toxic mortgage investments without researching the products or disclosing the risks to customers. DEALBOOK » Amid Insider Trading Inquiry, Tiger Asia Calls It Quits Tiger Asia, a spinoff of Julian Robertson's Tiger Management, says it will return investor money, as it continues to face an insider trading investigation by authorit