Write-Offs: 06.04.14

$$$ Appeals Court Says Judge Erred in Blocking SEC-Citigroup Settlement [WSJ]

$$$ Jeremie Banet, a fund manager at Pacific Investment Management Co. specializing in inflation-protected bonds, plans to leave the firm to start a food truck business in Los Angeles and Orange County. [Bloomberg]

$$$ Hedge-Fund Wolfpack Stalks Financials as Alpha Pangs Grow [Bloomberg]

$$$ U.S. Bank Regulators Plan Sweeping Look at Regulations [WSJ]

$$$ A growing number of couples are beginning to include social media clauses in their prenuptial agreements, according to an ABC News report. The “social media prenup” as it has been dubbed is apparently being taken pretty seriously, too. According to New York-based attorney Ann-Margaret Carrozza, for someone making less than $5 million in New York City, an embarrassing tweet, post or pic could cost as much as $50,000 per incident. The typical clauses that are being added to prenups state that a spouse will not post a nude, embarrassing or professionally damaging content to social media platforms. [CNBC]

$$$ In Valeant’s Bid for Allergan, an Opaque Business Model Is Revealed [Dealbook]

$$$ Blackstone Executive Cuts Shrewd Deal With Great Outdoors [Bloomberg]

$$$ Zoo Vet Mistakes Employee In Gorilla Suit For An Actual Ape, Shoots Him With Tranquilizer [TDD]

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One Response to “Write-Offs: 06.04.14”

  1. UFOinsider says:

    Hey Shaz, sorry we tranq'd your mom

    – Zookeeper