Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Pre-Marketing: Europe (again)

July 24, 2012: 7:23 AM ET

* Eurozone update: German finally dinged by years-long credit crisis. Ratings cut.

* Geithner warns Germans: Playing chicken with austerity will increase cost of the crisis.

* LIBOR news: Probe expands to bank traders.

* Credit rating agency employee: We've learned nothing. "I am genuinely frightened."

* More phone hacking fallout: UK prosecutors charge Brooks and Coulson.

* Media update: Harman family cedes control of Newsweek to Barry Diller.

* Silicon Valley pros: Your device might be hurting you.

* Penn State fallout: NCAA imposes a $60 million fine, vacates wins. School takes down JoePa statue.

* Obituaries: R.I.P. Sally Ride. Time looks back on her life.

 

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About This Author
Katie Benner
Katie Benner
Writer, Fortune

Katie Benner joined Fortune in October 2006. As a writer for the magazine and the website, she focuses on Wall Street and the economy. Prior to joining Fortune, Benner worked at TheStreet.com, CNNMoney, and as a freelancer in Beijing for China International Business, the South China Morning Post, and as a columnist for Beijing Review. She has a B.A. in English from Bowdoin College.

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