• 21 Mar 2011 at 6:43 PM

Write-Offs: 03.21.11

$$$ Japan Quake May Cost Life Insurers $4.9 Billion, Moody’s Says [Bloomberg]

$$$ City banker sacked after taunting NHS staff with £10 note [Mirror]

$$$I made some very bad mistakes and made some very bad decisions. I lost my moral compass,” Mr. Poteroba told the judge before being sentenced two two years for insider trading. “I’m deeply ashamed of my actions and my irresponsible conduct.” [WSJ]

$$$ Q&A with Jeffrey Kaplan, BofA’s outgoing M&A chief and David Tepper’s new hire [The Deal]

$$$ Wells Fargo Says CEO Was Paid About $19 Million for 2010 [Bloomberg]

$$$ Hedge-fund manager Paul Singer recognized the risks of subprime mortgages and bet against them. Now he warns that monetary policy could cripple American banks again. [WSJ]

Comments (8)

  1. Posted by Guest | March 21, 2011 at 11:28 PM

    I want that newly vacant job that pays £350,000 + £50,000.

  2. Posted by trojan | March 21, 2011 at 11:33 PM

    Maman died today. Or yesterday maybe, I don’t know. I got a telegram from the home: ‘Mother deceased. Funeral tomorrow. Faithfully yours.’ That doesn’t mean anything. Maybe it was yesterday.
    -Romain

  3. Posted by Cheesy | March 21, 2011 at 11:41 PM

    Serves the fucker right. Figures that he’s French.

  4. Posted by Blimey | March 22, 2011 at 2:31 AM

    I would have paid £10 to see the look on his face when they told him to GTFO

  5. Posted by Vive La France | March 22, 2011 at 11:53 AM

    No class. At Goldman they set fire to wads of £50′s and waved those.

  6. Posted by Cheesy | March 22, 2011 at 12:15 PM

    Fab, is that you? Last time I checked you’d been fired from GS for other actions typical of the french.

  7. Posted by FabFab | March 22, 2011 at 1:09 PM

    Yes, it’s moi. In the middle of this mess I created. But I wasn’t fired, I am on leave. Je t’aime.

    And you know what? Those doctors and nurses respected us for our fabulousness.

  8. Posted by Guest | March 22, 2011 at 1:29 PM

    You weren’t fired. You surrendered. Toute c’est bonne.

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