$$$ Italy Vote Shows No Clear Winner, as Berlusconi Rises [WSJ]
$$$ Remember That $83 Billion Bank Subsidy? We Weren’t Kidding [Bloomberg, earlier]
$$$ “All the efforts to calculate the cost of equity capital from equity market correlations are bogus.” [Aleph Blog]
$$$ “There appears to be a growing trend in dying industries: The bosses want to hold their bedside vigils in private.” [Deal Journal]
$$$ Banks to sell complex CDS books [IFR]
$$$ “As an excellent student with advanced people skills and an exciting resume, with a desire to be part of a challenging, energetic, and reputable organization, I will be a valuable addition to The Catholic Church as your new Pope.” [McSweeney's]
$$$ A top-tier investment management firm is looking for a VP, behavioral finance specialist in New York [DBCC]
$$$ Wells Fargo Role in Heinz Deal Is Credit Negative, Moody’s Says [Bloomberg]
$$$ Leveraged loan market on fire [Sober Look]
$$$ Banks Face Key Hurdle in Libor Fight [WSJ]
$$$ RBS plans IPO for U.S. arm Citizens in next two years [Reuters]
$$$ John Kerry Brings Democracy to Kyrzakhstan [DI]
NSFW – http://newyork.craigslist.org/mnh/mis/3641742716….
Dear Matt,
Come at us, bro.
Seriously proud slow clap for the Bloomberg response. Bravo sir.
You mad?
Laxbro!