Write-Offs: 01.29.13

$$$ Chesapeake CEO McClendon steps down after year of tumult [Reuters]

$$$ “Herbalife has owned ‘therealbillackman.com,’ ‘billackman.net’ and ‘therealackman.net’ since Jan. 18, according to Go Daddy’s database of registered domain names. So far, the sites are inactive.” [NYP]

$$$ How should central banks think about the financial system? [Free Exchange]

$$$ “It’s time to revive a British financial innovation from the 18th century: perpetual bonds.” [Slate / Matt Yglesias, related?]

$$$ Lotus 1-2-3 is 30 years old [kottke]

$$$ Ex-Nomura banker turned sex guru says banking is bad for sexual health [EFC]

$$$ Prelude Capital is looking for an administrative assistant in New York [DBCC]

$$$ Highbridge’s Dubin and York’s Dinan make bullish case for equities [AR]

$$$ Spread dispersion in the high yield market is very high [Bond Vigilantes]

$$$ “In this case, for both Icahn and Ackman the money at stake was trivial, so they were able to indulge in litigation as sport.” [Koncision]

$$$ Sean Parker, ‘Dean of the Davos Party Scene,’ One-Ups Himself with Laser Taxidermy [BetaBeat]

$$$ “The Jets have just one county — Nassau County.” Seems right [Deadspin]

$$$ Men Arrested for $65,000 Chicken-Wing Heist [Grub Street]

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Comments (7)

  1. Posted by Rep. Maxine Waters | January 30, 2013 at 8:03 AM

    Why isn't the Treasury out there issuing some of them zero-percent coupon perpetuals? We could be selling loads of them things. Is it because Tim Geithner is being told not to by his former bosses, the ones with the beard, at Goldman Sachs?

  2. Posted by Homophonic Hater | January 30, 2013 at 8:26 AM

    I think your colleague with the beard was Mr. Frank.

  3. Posted by Cocaine + Charts Guy | January 30, 2013 at 8:27 AM

    Matt's idea of a rocking 80s party = making charts on Lotus 1-2-3

  4. Posted by Vocal Majority | January 30, 2013 at 8:32 AM

    We can't sell the bonds because of Jon Shazar.

  5. Posted by lucas | January 30, 2013 at 9:49 AM

    Yglesias's economic ideas don't merit any discussion, but I'll bite. Perpetual Treasuries plus massive Fed purchases of same = unlimited currency printing, which is more akin to 1920s Deutschland than 1700s England.

  6. Posted by Guest | February 3, 2013 at 7:07 AM

    I do like how, in that video, the boss gets the girl. He just walks in, and she leaves the drone for the fat be-pocket-watch-ed overseer.

  7. Posted by sohbet | July 31, 2013 at 4:26 AM

    Why isn't the Treasury out there issuing some of them zero-percent coupon perpetuals? We could be selling loads of them things. Is it because Tim Geithner is being told not to by his former bosses, the ones with the beard, at Goldman Sachs? thanks