Write-Offs: 03.25.13

$$$ Dell Founder Said to Weigh Switching to Blackstone Offer [DealBook]

$$$ Mortgage Securitizers Didn’t Know Housing Was Going Bust [WSJ]

$$$ The case for Cypriot national equity [FTAV]

$$$ BRICS Nations Plan New Bank to Bypass World Bank, IMF [Bloomberg]

$$$ “Nestled in the shadow of the picturesque southern mountain range Macgillycuddy’s Reeks, home to Ireland’s three highest peaks, Kilgarvan is little more than a blink-and-you-miss-it blip on the busy road between the tourist towns of Killarney and Kenmare,” but now you can drive drunk there [NYT]

$$$ Sorry for today’s technical difficulties. We expect things will be better tomorrow. If they’re not, we’ll probably be at Dealbroken, so check there too.

$$$ Dudley gives first hints of slowing QE3 [FT]

$$$ Bernanke Rejects Currency War Charges [WSJ]

$$$ “Perhaps if we paid more money we’d have skilled associates.” Instead you have bill padding. [DealBook]

$$$ Tesla’s Elon Musk tweets about big announcement for Thursday [CNET]

$$$ “Hiring Richard Fuld is potentially so hazardous, he requires his own risk factor.” [Overheard]

$$$ The Most Expensive T-Shirt in New York City Costs $91,500.00 [The Awl]

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Comments (6)

  1. Posted by Fewdollarsmore | March 25, 2013 at 9:19 PM

    While American capitalists are fighting over the Dell meat and Europe is patching the latest euro hole, BRICS are coming up with a new bank to bypass the miseries of the developed world. Get the picture of the future?

  2. Posted by pussy riot | March 25, 2013 at 10:06 PM

    Brazil, India, China and Russia working together? This should work beautifully!! THese countries' commitment to cooperation, openness and fair dealing virtually guarantee success.

  3. Posted by quant me maybe... | March 26, 2013 at 7:01 AM

    And don't forget. They are some of the least corrupt societies on the planet.

  4. Posted by .Bo | March 26, 2013 at 8:59 AM

    Imagine the hilarity if bankers billed hourly.

  5. Posted by DB Hourly Billing | March 26, 2013 at 9:10 AM

    1.25: Detailed reading of Matt post to see if at all relevant to client matters
    1.0: Searching Dealbreaker for any posts tagged with client's name
    8.0: Reading all such posts

  6. Posted by quant me maybe... | March 26, 2013 at 9:18 AM

    Imaging the shock if they were paid hourly. Pay would go way up. Most work 70+ hours/week deliver huge value and with no appreciation for the complexity and discipline it takes to do their jobs right every time.

    Guy not buying into the overpaid banker theory.