Write-Offs

Write-Offs: 04.17.14

$$$ Morgan Stanley’s Profit Rises, as Results Beat Estimates [WSJ]

$$$ Hedge funds get clobbered by fall in tech stocks [NetNet]

$$$ How Can Yahoo Be Worth Less Than Zero? [BloombergView/Matt]

$$$ A Fun Night Out for Under $200,000 [Bloomberg]

$$$ The more men who grow beards, the less attractive facial hair becomes to women, according to academic research. Are we at saturation point? [Telegraph]

$$$ Enjoy Good Friday if that’s your thing or the holiday known as the 3-Day Weekend if it’s not! We’ll see you back here on Monday. Read more »

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Write-Offs: 04.16.14

$$$ Avenue Capital’s Lasry Said Buying Bucks for $550 Million [Bloomberg]

$$$ Yellen Says Fed Committed to Policies to Support Recovery [Bloomberg]

$$$ Hedge Funds Post Worst First-Quarter Results Since 2008 [BusinessWeek]

$$$ Former Madoff aides seek to have convictions tossed [Reuters]

$$$ The first 2,500 fans in attendance at MCU Park on July 5 will receive a Keith Hernandez “Magic Loogie” bobblehead, commemorating the episode in which Kramer and Newman accused the former Mets first baseman of spitting at them after a game. [ESPN] Read more »

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Write-Offs: 04.15.14

$$$ Yellen Says More Capital Would Help Biggest, Most-Complex Banks [WSJ]

$$$ Loeb Ratchets Up Campaign Against Sotheby’s Board [ValueWalk]

$$$ N.Y. Regulator Sends Subpoena to Credit Suisse in Tax-Evasion Probe [WSJ]

$$$ European Companies See Sales Growth Hit by Exchange Rates [WSJ]

$$$ Outlook for pensions is pretty awful: Bridgewater [NetNet]

$$$ Texan, 23, Headed To State Prison For Urinating On The Alamo [TSG] Read more »

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Write-Offs: 04.11.14

$$$ JPMorgan profit weaker than expected as trading revenue falls [Reuters]

$$$ Herbalife Marketing Tactics Said to Be Probed by FBI [Bloomberg]

$$$ SAC Capital’s Criminal Settlement: Was Justice Done? [BusinessWeek]

$$$ Bond Traders From JPMorgan to RBS Said Placed on Leave [Bloomberg]

$$$ Justin Livingston never intended to be his own boss. In 2012, he worked in social media for Amazon, and in his spare time he used his Instagram account to share men’s fashions. Soon, he started getting approached by companies to model their products. Now, he’s paid by them. He’s what the industry calls an “Instagram Influencer.” [CNBC] Read more »

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Write-Offs: 04.10.14

$$$ Dimon, JPMorgan Chase’s chief executive, was awarded $11.8 million in total compensation during 2013, 37 percent lower than what he collected the previous year. The board sliced his pay following a trading fiasco that cost the bank more than $6 billion and tarnished Dimon’s reputation as Wall Street’s best risk manager. In 2011, he earned a record-breaking $23 million. [NYP]

$$$ Draghi Says ECB Open to Additional Monetary Stimulus if Needed [WSJ]

$$$ Technology IPOs Face Skittishness as Market Momentum Slips [Bloomberg]

$$$ A new labour agreement in France means that employees must ignore their bosses’ work emails once they are out of the office and relaxing at home – even on their smartphones [Guardian]

$$$ Limbaugh Pretty Sure That The Late Show’s New Hire Means Civil War [Daily Intel] Read more »

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Write-Offs: 04.09.14

$$$ Fannie, Freddie shareholders lobby against U.S. housing reform bill [Reuters]

$$$ IMF Warns U.S. Is Struggling With Financial Markets Oversight [WSJ]

$$$ Chicago-based Citadel appears to be the most leveraged of the 25 biggest US hedge funds, with an implied leverage of about 8.8 times investment capital, according to a Post analysis. [NYP]

$$$ Hardcore Coddling: How Eleven Madison Park Modernized Elite, Old-School Service [Grub Street]

$$$ A Culpeper jury ordered an ex-town employee in Culpeper County Circuit Court on Monday to pay $5,001 to his former co-worker whose coffee pot he admitted to spiking with his own urine five years ago. [Daily Progress] Read more »

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Write-Offs: 04.08.14

$$$ Big Banks to Get Order To Raise Capital Level [WSJ]

$$$ Greece Plans to Issue Long-Term Bond on Wednesday [WSJ]

$$$ Stanford Eclipses Harvard as Applicants Eye Innovation Focus [Bloomberg]

$$$ Banker Dumps Wall Street to Boost Taxes on New York Rich [Bloomberg]

$$$ E-cigarette explodes in English pub, nearly engulfs barmaid in flames [NYDN] Read more »

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