Write-Offs

Write-Offs: 02.29.12

$$$ Banks turn to ECB for €530bn in loans [FT]

$$$ Market-Roiling Trade Likely Not ‘Fat-Finger’ Error [WSJ]

$$$ Fannie Mae seeks $4.6 billion in aid after Q4 loss [Reuters]

$$$ Ted Turner wakes up at 4am, goes to bed at 9pm, reads The Economist cover to cover, drives a Prius, and “alternat[es] among four girlfriends, each of whom gets approximately a week per month of his time. ‘Pretty much, that’s the general rule,’ he says.” [Hollywood Reporter via DI]

$$$ A well known investment bank is looking for an experienced cash equity salesperson to cover Latin American institutional accounts – might that be you? [DBCC]

$$$ Talent War Seen as Cantor Bankers Defect to China [Bloomberg]

$$$ Five Largest Banks ‘Should Be Broken Up': Fed’s Fisher [CNBC]

$$$ Breakdown of what would be illegal under the STOCK Act [ProPublica]

$$$ Credit Suisse’s head of equities trading is leaving because he’s being replaced by robots [Deal Journal]

$$$ Laurence Fink says “Wherever I go in the world now I hear the same question from individuals, corporations and pension funds: what do I do with my money?” And he answers, “give it to me!” [FT]

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