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An inside look at Intellectual Ventures 146

A reader writes"Nathan Myhrvold has started a multi-hundred million dollar firm to develop new inventions and patent them. It has remained a very secretive organization, despite recruiting reclusive geniuses and buying up thousands of patents from other companies. Now Business Week has the scoop: "As his cash-rich firm snaps up thousands of patents, fears emerge that it will become a leader in litigation - not innovation..."

Stellar rays prove fibbing never pays. Embezzlement is another matter.