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PRIME INTEREST: How Monsanto Genetically Engineered a Near Monopoly [E014] Subscribe here for more Prime Interest & Financial crisis news: http://www.youtube.com/user/CapitalWatch?feature=mhee Here is what's in your Prime Interest today: Developments in what we've coined "Bloomberg-gate" continue to defy even our expectations. Our favorite shadow regulator, Promontory Financial Group, will now be assisting Bloomberg in revamping its privacy and data standards. Promontory was the same firm that was part of the botched Independent Foreclosure Review. No word yet on who at Promontory will be spearheading the Bloomberg effort. But Bloomberg's broker-dealer operations are regulated by the SEC -- the very agency Mary Schapiro left when she joined Promontory last month. And, speaking of the SEC, they're now targeting exchanges, the Broker-dealer regulators, for alleged violations of their policing duties of the markets. As you may recall the CME Group was MF Global's frontline regulator. They conducted a mini-audit just before Jon Corzine blew up the firm. Now the SEC is targeting the Nasdaq exchange because of the botched Facebook IPO last year. We're expecting to see a record settlement soon, but it will likely have to be approved by a US Federal court. Also, on Monday, the U.S. Supreme Court ruled in favor of Monsanto's soybean patent. Monsanto's Supreme Court win comes less than two months after congress passed a measure called the "Monsanto Protection Act". This measure would allow Monsanto and other biotech companies to plant and sell GMOs without oversight from a federal agency. Critics of the legislation say the bill presents dangerous health risks, because it reduces oversight of genetically modified crop that wind up on shelves. However yesterday, Oregon Senator Jeff Merkley announced his plan repeal the Monsanto Protection Act. We talk to RT Correspondent Meghan Lopez and Patty Lovera, Assistant Director of Food and Water Watch about the economic impacts of GMOs. Finally, Apple CEO, Tim Cook, released details of his new corporate tax reform plan ahead of his trip to Congress next Tuesday. As we covered yesterday, Apple currently holds over $100 billion in cash and investments overseas. They recently conducted several large bond offerings to get around tax laws. Whether you agree with Apple's strategy or not, it will be a heavily watched event, as trillions in global corporate money is at stake. Prime Interest will be covering this event on the Hill and will bring you the details next week. commodity price inflation forex currency trading fx currency trading euro converter exchange euros money currency currency rate currency converters money rate currency credit credit consolidation credit credit the capital card credit creditcard debit how do i get a credit report credit history report debit card credit rating investment capital capital investment free credit report credit line capital mortgage financial news cibc mortgage rates obama mortgage relief mortgage protection stock exchange what is apr online gold trading forex gold gold trade trade gold gold mine price of silver gold future gold funds keiser max kaiser forex investment investment forex online investment account bank how to investment funds bonds savings investments invest mutual fund mutual funds commodities hedge fund investment banking property investment investment banks