Write-Offs: 02.18.14

$$$ Fed Sets Rules For Foreign Banks [WSJ]

$$$ Even as people in some countries are preparing for bed, the Spanish evening is usually beginning at 10, with dinner often being served and prime-time television shows starting (and not ending until after 1 a.m.). Surveys show that nearly a quarter of Spain’s population is watching television between midnight and 1 a.m. “It is the Spanish identity, to eat in another time, to sleep in another time,” said Mr. Rodríguez, 36, who had to get up the next morning for his bank job. Spain still operates on its own clock and rhythms. But now that it is trying to recover from a devastating economic crisis — in the absence of easy solutions — a pro-efficiency movement contends that the country can become more productive, more in sync with the rest of Europe, if it adopts a more regular schedule. Yet what might sound logical to many non-Spaniards would represent a fundamental change to Spanish life. For decades, many Spaniards have taken a long midday siesta break for lunch and a nap. Under a new schedule, that would be truncated to an hour or less. Television programs would be scheduled an hour earlier. And the elastic Spanish working day would be replaced by something closer to a 9-to-5 timetable. Underpinning the proposed changes is a recommendation to change time itself by turning back the clocks an hour, which would move Spain out of the time zone that includes France, Germany and Italy. Instead, Spain would join its natural geographical slot with Portugal and Britain in Coordinated Universal Time, the modern successor to Greenwich Mean Time. [NYT]

$$$ Highlights from the Candy Crush IPO Filing: 500 Million Downloads and Counting [BusinessWeek]

$$$ Wall Street Decathlon Revisits ‘Dan & Dave’ Rivalry That Wasn’t [Bloomberg]

$$$ Unloaded BB gun foils robbery attempt at Taco John’s [DMR]

$$$ Shareholder calls Jos. A. Bank/Eddie Bauer deal a ploy [NYP]

$$$ Actavis to buy Forest for $25 billion; windfall for investor Icahn [Reuters]

$$$ The cat-falls-through-ceiling footage Vladimir Putin doesn’t want you to see [SB Nation]

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