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Editor's note: This column by Doug Kass is a special bonus for RealMoney readers. It first appeared on Street Insight on Nov. 2 at 8:16 a.m. EST. To sign up for Street Insight, where you can read Kass' commentary in real time, please click here.

1. Regulatory authorities will allegedly shortly implicate and indict a number of individuals for insider trading in advance of the proposed

Chicago Board of Trade

( CBOT)/

Chicago Mercantile Exchange

(CME) - Get CME Group Inc. Class A Report


2. Two large retail acquisitions are allegedly in the works.



Lampert is allegedly involved in the analysis of both.


Martha Stewart Living


will allegedly shortly announce a meaningful acquisition of a company away from its core business.


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Morgan Stanley

(MS) - Get Morgan Stanley (MS) Report



(JPM) - Get JPMorgan Chase & Co. (JPM) Report


Lehman Bros.

( LEH) are allegedly aggressively courting additional hedge funds for acquisition.

5. PC makers are allegedly upset about the increase in the wholesale licensing fees (and its implications for profit margins) that


(MSFT) - Get Microsoft Corporation (MSFT) Report

will charge for its Vista Home Basic product.



(WMT) - Get Walmart Inc. Report

will stun investors and allegedly announce its forecast for slightly negative November comps (contrary to expectations of a recovery by the Street).


News Corp.

(NWS) - Get News Corporation Class B Report

and several venture capital firms are allegedly eying Digg, a social news site, following the recent acquisition of Reddit by Wired Digital.



(GOOG) - Get Alphabet Inc. Class C Report

is allegedly targeting a number of smaller acquisitions (like JotSpot's wiki products) in order to compete more effectively with


and Microsoft. As well, Google is allegedly considering playing a minority role in private equity's possible

Clear Channel Communications

(CCU) - Get Compania Cervecerias Unidas S.A. Sponsored ADR Report

acquisition. Finally, a large secondary will shortly be announced.



(ET) - Get Energy Transfer, L.P. Report

online fraud problem has allegedly increased both within its company and in other online trading companies.

10. Executive reshufflings are allegedly rumored at


(C) - Get Citigroup Inc. Report

and JPMorgan.

11. One member of the "Icahn group" is allegedly selling its entire position in

Time Warner


into the recent climb.

12. Several subprime lenders are allegedly in a financial free fall. There are rumors of vultures interested in acquiring assets in this industry.

13. A large fund of funds is allegedly planning a large reduction in its fee schedules.

At time of publication, Kass and/or his funds were short JPM, although holdings can change at any time.

Doug Kass is general partner for two investment partnerships, Seabreeze Partners L.P. and Seabreeze Partners Short L.P. Until 1996, he was senior portfolio manager at Omega Advisors, a $4 billion investment partnership. Before that he was executive senior vice president and director of institutional equities of First Albany Corporation and JW Charles/CSG. He also was a General Partner of Glickenhaus & Co., and held various positions with Putnam Management and Kidder, Peabody. Kass received his bachelor's from Alfred University, and received a master's of business administration in finance from the University of Pennsylvania's Wharton School in 1972. He co-authored "Citibank: The Ralph Nader Report" with Nader and the Center for the Study of Responsive Law and currently serves as a guest host on CNBC's "Squawk Box." Kass appreciates your feedback;

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to send him an email.