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Sam Zell, billionaire real estate investor, dies

Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as "the grave dancer" for his ability to revive moribund properties has died due to complications from a recent illness. Bearded and blunt-spoken, Zell reveled in bucking traditional wisdom. Zell sold Equity Office, the office-tower company he spent three decades building, to Blackstone Group for $39 billion in 2007.

Transcripts For CNBC Squawk Box 20130513

a dollar. that s a drop of just over 1% to 94.93. on the economic agenda, retail sales and business inventories are out. retail sales looking for a 0.3%. 0.2% when you look at autos. in corporate news, jpmorgan s ceo jamie dimon may leave the company. he made the comment at a meeting with investors last week. shareholders will vote. we ll talk to a jpmorgan shareholder calling for that split. in washington news, a senior irs official new in 2011 that they were giving extra scrutiny to conservative tea party groups. the report on the irs practice and who knew about it and when is expected to be issued publicly soon. john harwood will be joining with us for more on this. that s coming up at 6:40 eastern time. in the other big story of the morning, a controversial privacy breach involving bloomberg reporters and the company s data terminals has wall street and washington buzzing. at issue is word that the financial data company had allowed journalists to see some informa

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