By Dan Primack
July 5, 2011

* Raised stakes: Energy Transfer ups offer for Southern Union to $5.1 billion

* Are they taunting the FTC? Google in talks to buy Hulu

* Jeff Korzenik: America’s 15th financial panic (and recovery)

* Morning Call: U.S. futures point higher, London opens strong, oil dips and the Nikkei keeps gaining.

* Bandwidth awareness: Netflix slows the stream

* Andrew Ross Sorkin: Patent bill shows Wall Street clout

* Pre-Zynga: How this year’s tech IPOs are faring

* From the S-1: Zynga reveals plans to build its own data centers

* Modesty & more: 7 personality traits of great salespeople

* Joshua Brown: Executive comp is now completely off the rails

* Shame  & regret: 10 movies famous people don’t want you to see

* David Brooks: “If the Republican Party were a normal party, it would take advantage of this amazing moment. It is being offered the deal of the century: trillions of dollars in spending cuts in exchange for a few hundred million dollars of revenue increases… the mother of all no-brainers.”

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