Write-Offs: 02.04.14

$$$ Ackman’s hedge fund beats slumping S&P, peers in January [NYP]

$$$ Morgan Stanley To Pay $1.25 Billion in Mortgage-Backed Case [WSJ]

$$$ S&P Cuts Puerto Rico to Junk [WSJ]

$$$ Pimco Sees Delay in Emerging Markets Recovery on Interest Rates [Bloomberg]

$$$ Meet The Most Photographed Trader On Wall Street [BF]

$$$ Judge allows JPMorgan to settle Madoff lawsuits for $543M [Reuters]

$$$ U.S. employment seen rebounding in January, may allay growth fears [Reuters]

$$$ Police responding to reports of screaming coming from a home in Maine didn’t find a victim of domestic violence as they feared. Instead, they found an amorous pig. State police say a woman called last week after hearing what she believed to be a fight coming from a neighbor’s home in the town of China. The caller said she heard screaming and thought there was a domestic assault. The Morning Sentinel reports that four state troopers responded and talked to the neighbor. The neighbor explained that she raises pigs and the screaming was coming from an overjoyed male pig that had been placed in a pen with five sows in heat. [AP]

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