Write-Offs: 02.19.13

$$$ FBI Launches Criminal Inquiry Into Heinz Options Trading [WSJ]

$$$ Herbalife Fourth-Quarter Profit Tops Analysts’ Estimates [Bloomberg]

$$$ Greenlight shows ‘likelihood of success’ against Apple -judge [Reuters]

$$$ One problem with paying interest on excess reserves is that you pay interest on excess reserves [FT]

$$$ Blavatnik hits out at ‘arrogant’ JPMorgan [FT]

$$$ “I use psychoanalytic theory to argue that the malevolent object of [Occupy Wall Street's] critique is the father, who, in fulfillment of the paternal function, forces socialization upon us. The world of artificial images is culture, seen from the standpoint of alienation. Their alternative, rooted in their authenticity, with themselves as models, doesn’t amount to much.” [SSRN via Bainbridge]

$$$ “‘If you want to protect yourself get a double barrel shotgun, you don’t need an AR-15,’ Biden said, referring to a type of semi-assault weapon. ‘You don’t need an AR-15, it’s harder to aim, it’s harder to use…buy a shotgun. Buy a shotgun.’” [TPM]

$$$ A leading hedge fund administrator is seeking a project manager / business analyst [DBCC]

$$$ OfficeMax, Office Depot in Talks to Merge [WSJ]

$$$ Is Linn Energy ponzi-ish? [Bronte Capital]

$$$ Institutional buyers jostle for position in new infrastructure debt market [Euromoney]

$$$ Multimillion Diamond Heist at Brussels Airport [WSJ]

$$$ A guy wrote a book that, unlike every other book, “paints a picture of a fast-moving, high-stakes, ego-fueled market controlled by a handful of traders. The champagne flowed when profit was strong, he said, but heads rolled over a single miscalculation.” [DealBook]

$$$ “[W]e are very well-versed in the legend of the power breakfast, but we will enhance it with our own culture …” [NYP]

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  1. Posted by Guest | March 5, 2013 at 8:52 AM