Write-Offs: 07.23.14

$$$ Allianz, the German insurer which owns Pimco, wants to ensure that in a post-Gross era the asset manager he co-founded will not be so reliant on the investment decisions of one person. [Reuters]

$$$ The big money still loves hedge funds [NetNet]

$$$ World’s Biggest Wealth Fund Reviews $8 Billion Russian Holdings [Bloomberg]

$$$ Ex-Jefferies Managing Director Litvak Gets Two-Year Sentence [Bloomberg]

$$$ Jets Fans Can Earn Rewards Points For Not Being A$$holes [Deadspin]

$$$ Private Equity Giants With a Taste for Auto Body Shops [Dealbook]

$$$ IMF Lowers US Growth Forecast [NYT]

$$$ I know more than one fellow flight attendant who has had the uncomfortable situation of having to tell a woman that she can’t breastfeed her … cat! You read that right: Breastfeeding. A. Cat. And this isn’t an isolated incident. [Yahoo]