Write-Offs: 11.19.12

$$$ Moody’s downgrades France’s government bond rating to Aa1 from Aaa, maintains negative outlook [Moody's]

$$$ Hostess, Bakers Union Agree to Mediation [WSJ]

$$$ SEC Rocked By Lurid Sex-and-Corruption Lawsuit [Matt Taibbi]

$$$ SEC Charges Ring of High School Buddies with Insider Trading in Health Care Stocks [SEC]

$$$ “If I am captured, this blog will continue. I have pre-written enough material to keep this blog alive for at least a year. In addition, the administrator, Chad, will continue to monitor comments.” [WhoIsMcAfee]

$$$ A financial firm is looking to add MD/SVP/VP-level leveraged finance professionals in New York [DBCC]

$$$ Sun Capital wants to buy Hostess [Term Sheet]

$$$ Much ado about liquidity? Lockup expirations and stock prices [Aswath Damodaran]

$$$ Goldman refuses to scrap city’s swap deal [FT]

$$$ “If it wasn’t for [our grandchildren], Mum and I would not be too concerned, as each of you consciously, and with eyes wide open, crashes from one cock-up to the next. It makes us weak that so many of these events are copulation-driven … I am bitterly, bitterly disappointed. Dad” [Daily Mail]

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Comments (5)

  1. Posted by Turnip Truck | November 19, 2012 at 8:25 PM

    I can't believe you stopped at THAT post on McAfee's blog and not:

    "Sam, and others, can verify if they choose, that I am not foolish enough to believe that many young women could love a 67 year man. Being loved does not interest me much. Loving does. I truly love, not with a desire to possess or control, but with compassion and empathy. I care immensely, about many people. What they may or may not feel for me is their own issue."

    Truly, there is nothing as beautiful and pure as the "true love" of a rich old man for a hot South American twenty-year-old. How dare the commenters impugn it!

  2. Posted by Chad | November 19, 2012 at 11:28 PM

    Help, I'm being held prisoner by a madman in Belize!

  3. Posted by Rikki Tikki Tavi | November 20, 2012 at 5:25 AM

    The fact that the children chose to publish their father's letter in its entirety in the Daily Mail tells me that the letter was probably entirely justified.

  4. Posted by alloffairfieldco | November 20, 2012 at 9:02 AM

    Kinda surprised i haven't received a similar letter.

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