7:00 PM -- Chuck Dolan, the CEO of Cablevision Systems Corp. (NYSE: CVC) is supposedly a customer of Verizon Communications Inc. (NYSE: VZ) FiOS, according to the investigative reporting of this blog.

The blog cites pictures posted on the Website of Bernstein Research showing a FiOS drop located right above Dolan's house as the "irrefutable" evidence against Dolan.

Putting these grainy-at-best photos aside, let's pretend for a moment that Dolan really is a FiOS subscriber. Would that really be such an abnormal thing? In the business world, we all pay close attention to our competitors to see what they're doing and where we need to improve if they're doing it better. Why is this situation any different?

Or maybe Dolan is simply helping out the competition instead of being loyal to his own company. Given the way his family runs the Knicks, this wouldn't surprise me.

— Raymond McConville, Reporter, Light Reading