The CVS/Aetna deal now appears to be a $69 billion venture.  And a likely industry-changing one, at that – NYTimes and WSJ and Bloomberg and MarketWatch

Here’s the inside scoop on “Sheltered Harbor,” a “doomsday project” from US banks that they hope will “prevent a run on the financial system should one of them suffer a debilitating cyberattack.”  The gargantuan voluntary effort helps highlight just how acute the cybersecurity threat is for the financial sector – WSJ

The Senate was busy this weekend – Law360

The Broadcom/Qualcomm unsolicited merger battle looks like it’s about to get really ugly – NYTimes

Big Mouse has reportedly resumed discussions to purchase portions of the Fox broadcasting empire that the Murdochs have carefully amassed over decades – NYTimes and Bloomberg

We’ve had our eye on the ratings agencies for some time now here at the Daily Dose. News out of Chicago seems to justify our scrutiny, as the economically struggling city is “on the verge of selling as much as $3 billion in bonds at a triple-A rating.” How is that at all possible? It’s all about offering a “dedicated first claim to the city’s sales-tax revenue” and asking for a lot of trust (and willing RAs) – WSJ

Citibank will find itself dismissed from a Lehman Brothers-related clawback suit after reaching an undisclosed agreement last week – Law360

So, in theory, a pat on the back is in order for the Winklevoss twins, who have parlayed their $11 million Facebook-settlement-money-bet on bitcoin into $1 billion.  But, you know, we are still talking about the Winklevii here.  So we’re good  – TheTelegraph

Wells Fargo is again stressing that the investment advisory affiliates of BlackRock and other financial services firms who have sued the bank over its trustee work on 12 RMBS securities are, in fact, the bad actors because “they kept the funds invested in the trusts despite knowing about the same alleged problems that the funds now claim Wells Fargo ignored” – Law360

Speaking of BlackRock, Bloomberg suggests that we’re rapidly heading toward a future in which that asset manager and Vanguard manage $20 trillion dollars—a sum that “will likely upend the asset management industry, intensify their ownership of the largest US companies and test the twin pillars of market efficiency and corporate governance” – Bloomberg

Newton and Darwin coming together in the eyes of a scallop? Yes.  That’s a real thing.  And it’s worth your read this morning – NYTimes