Stephen Hicks and his Ridgefield, CT hedge fund, Southridge Capital, were sued yesterday for multiple securities violations by the SEC and the Connecticut Banking Commissioner in Connecticut state and federal courts.

FORBES: Southridge Hedgie Hicks Shrugs Off Regulators Investor Fraud Suits

Normally, because of fractional reserve banking, this would lead to a further multiple expansion of bank deposits and the money supply.

FORBES: Sterilizing QE3

Market leader Qualcomm continued its dominance of the market with a 48% revenue share, banking on its early LTE leadership to register multiple high-end integrated design wins this year.

FORBES: Qualcomm Still Dominates The App Processor Market But EM Peers Are Creeping