News, Write-Offs

Write-Offs: 09.24.12

$$$ Tables turn on Spain with pressure to seek bailout [Reuters]

$$$ Maybe David Viniar will be Goldman’s chairman when Lloyd retires and Gary is CEO? [WSJ]

$$$ “The study found that for a sample of modifications to securitized subprime mortgages, a 10 percent reduction in the monthly payment was associated with a 4.5 percentage point reduction in the twelve-month redefault rate.” [New York Fed]

$$$ “If Apple continues on its current trajectory, something remarkable might happen on April 9, 2015, at around 11 a.m. That is, statisticians and investors I’ve spoken with say, a conservative estimate of when Apple could become the first company ever to be valued at $1 trillion.” [NYT!]

$$$ Welcome to the world Quartz! [Qz]

$$$ “To call the Berenstains anthropomorphized bears insults both humans and bears.” [NetNet / John Carney]

$$$ Credit Suisse is looking for a research analyst for commodity strategies in asset management in New York [DBCC]

$$$ U.S. Corporate Bond Tally Could Top $100 Billion in September [WSJ]

$$$ Meredith Whitney is still pretty sure banks will fire a lot of people [CNBC]

$$$ William Cohan confuses himself horribly about Whaledemort [Bloomberg]

$$$ Why BofA Weighed Name Change for Investment Bank [CNBC/Kayla Tausche]

$$$ Mario Batali is paying $1.15mm to Del Posto employees to settle a lawsuit over wages, tips, overtime and discrimination [Diner’s Journal]

$$$ Hillary Clinton Aide Tells Reporter To “Fuck Off” And “Have A Good Life” [BF]

$$$ Mitt Romney Doesn’t Get Why Airplane Windows Don’t Open [DI]

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