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Power Rundown: IRS Watchdog & Priceline

Wednesday, 9 May 2012 | 1:51 PM ET

Discussing today's headlines, including an IRS watchdog claiming the agency missed billions of dollars in fake tax refunds and shares of Priceline hovering near 52-week highs, with Jim Iuorio, TJM Institutional Services; and CNBC's Brian Sullivan and Tyler Mathisen.