Write-Offs: 01.30.13

$$$ Facebook Earnings Beat; Profit Margin Falls Sharply [CNBC]

$$$ U.S. Economy Unexpectedly Contracts in Fourth Quarter [WSJ]

$$$ Is Renaissance Technologies Falling off the Mark? [II Alpha]

$$$ Draghi Bank of Italy Knew of Monte Paschi Missteps in ’10 [Bloomberg]

$$$ Deutsche Bank is looking for a sales officer for trade finance solutions in New York [DBCC]

$$$ Venezuela’s bonds have had a 14.7% annual return [Bloomberg]

$$$ Goldman Sachs braces for bond market blow up [Fortune]

$$$ Treasury Posts Losses on TARP Auctions [WSJ]

$$$ “What is the problem with Internet trolls? Why do people dislike them so much? Is it just an example of following-the-herd mentality? Some kind of deeper prejudice? A love of bridges? What is the source of this animosity? Why does it perpetuate itself? Where did this prejudice come from?” [The Awl]

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3 Responses to “Write-Offs: 01.30.13”

  1. Jim S says:

    The II article has the wrong returns for RIEF. Their results are actually > 400-600bps CAGR higher than the S+P for 3-5 years, not merely cumulative.

  2. Shazared says:

    Unexpected contraction – my reaction when Shazar is allowed to post again.