Write-Offs: 07.21.08

Posted by Bess Levin, Jul 21, 2008, 5:14pm

$$$ Deals: Global M&A Brews 2008's Top Week
In our M&A Roundup for the period ended July 20, four deals of more than $4 billion follow InBev/Anheuser, leading to the richest seven days in more than a year. [CFO.com]

$$$ NY gov. projects Wall St bonuses to fall 20 percent [Reuters]

$$$ CNBC Admits to Being a Closet Porn Channel [CWS]

$$$ The Chuck Norris Home Deduction [USNews]


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Comments

1

Posted by guest , Jul 21, 2008 5:36PM

Will someone please ask the blind man if he knows what recession means?

2

Posted by guest , Jul 21, 2008 7:01PM

Is this a recycled piece of news, or what? What kind of aid is Governor Paterson planning for Bear Stearns?

3

Posted by guest , Jul 21, 2008 7:04PM

oh.. and i think he got the 20% figure wrong.. the immediate cash bonuses - the ones which can be taxed immediately - will be way lower than 20%... geez.. first a multiple affirmative action candidate gets underserved attention.. and then he tries to act like a smart-ass...

4

Posted by guest , Jul 21, 2008 10:56PM

WB is shutting down their wholesale mortgage operations. Starting notifying managers Sunday afternoon. IndyMac did the same thing a week before they went TU.
They report their numbers tomorrow morning.

5

Posted by guest , Jul 22, 2008 12:22AM

I was just trying to relax with a birthday present from my ancient and esteemed dad, a subscription to "The Week" magazine (don't laugh, it came along with a $25.00 personal check!), and I came to p. 42, where "Best Columns" in business journalism were reviewed.

There, beneath a picture of Chris Cox looking more like a NYC police lieutenant than you could ever have imagined possible for a HBS grad, was a big conclusory paragraph praising John Carney's opposition to the SEC's crack down on rumor-mongering, as previously published in Dealbreaker.com. The column mentioned the views of Stephanie Clifford and Jenny Anderson of the New York Times, Bryan Burrough, Barry Ritholz of TheBigPicture.com, but there wasn't a single mention of a certain ARS!

Congratulations on the recognition for staking out an unpopular position and sticking to it, John, and for bringing the spotlight onto the website.

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