Archive for April 2011

  • 29 Apr 2011 at 4:53 PM

Write-Offs: 04.29.11

$$$ Bernanke: Economy Needs More Time To Heal [Reuters]

$$$ Treasury Plans to Exempt FX From New Derivatives Rules [WSJ]

$$$The tattoo artist who did Mike Tyson’s face claims Warner Bros. “pirated” his work to advertise its movie, “The Hangover 2.” S. Victor Whitmill wants a federal judge to bar Warner Bros. from using the tattoo in its promotions, and damages for copyright infringement. [CN] Read more »

A letter to Albany: Read more »

“Lloyd is never going to be treasury secretary.”– Money and Power author William Cohan, who apparently isn’t aware that the gig of Treasury Secretary of the US will be so far beneath Blankfein’s next pivot.

**Gary Cohn will take the Ritter part

She will also be taking on (soon to be) former colleague Steve Liesman in his own den as a “senior economics correspondent.” Read more »

As you may have heard, because he’s said it a bunch of times, were Donald Trump to be elected President of the United States, his first order of business would be to “deal” with this China situation. Specifically, Trump has said he’d tell the Chinese that “If you don’t stop manipulating your currency, we’re going to put a 25 percent tax on your products that come into the US.” The Don has made the case that he’s uniquely qualified to run this country because unlike our pussy diplomats (who “went to school to learn how to be nice”), he’d “deliver to the message” to to China in away that would get them to take the threat seriously. Today during a town hall, Trump workshopped some lines and so far here’s what he’s got: “Listen you motherfuckers, we’re going to tax you 25 percent.” Read more »

The jurors, lead by a noted “Man V. Food” fan, has got nothing after 5 days. They’re cutting out early this afternoon and will resume deliberations on Monday. In the meantime- Read more »

The news of Burnett’s departure from CNBC for CNN broke Wednesday night but apparently she’s been waiting for CNBC president Mark Hoffman to get back from vacation to make it official face to face. While there’s been no indication what EB’s last day on the network will be, we suggest you start thinking now about how you’d like to comfort Mark Haines, who is more than likely an emotional basket case, so you’re ready when the time comes. [BI]

Paul Argenti is a professor at Dartmouth’s Tuck School of Business, who has been teaching Buffett every year in his corporate responsibility class…Argenti says he is considering taking Buffett out of his syllabus and putting him in his new book: Fallen Icons. He told MarketPlace, “If you set yourself up as a paragon of virtue in this world, you can expect to fall really hard when something bad happens to you. [MarketPlace]