Write-Offs: 05.19.06

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$$$ Even the little guys get screwed by SOX [Marketplace (audio)]
$$$Gratuitous goldbuggery: "Why the global financial system is about to collapse".
$$$ A link for all the individual investors who are inevitably going to rush into hedge funds now that (A) everything increasingly resembles a hedge fund, (B) hedge funds are "hot" and (C) greed still exists, just as it has since the beginning of time: HOW TO READ A PROSPECTUS. [Associated Content]
$$$ Patrick Byrne wants your opinion. [WSF]

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$$$ Goldman Reviewing Conflicts Policies for M&A Bankers [WSJ] $$$ Sprint Terminates Network Deal With Falcone’s LightSquared [Bloomberg] $$$ Deutsche Bank board appointment blocked [FT] $$$ Maybe Peter Henning thinks inside information obtained in AA meetings gets a free pass under securities laws? [DealBook, earlier] $$$ Shining Shoes Best Way Wall Street Women Outearn Men [Bloomberg] $$$ A $2 billion relative value hedge fund is looking for a credit trader in New York [DBCC] $$$ That thing about Apple's Foxconn slave laborers was fake [Marketplace] $$$ Billionaire index arbitrage [Felix Salmon / Reuters] $$$ Andrew Ross Sorkin is the most influential financial journalist; Zero Hedge's Tyler Durden tied for tenth [Talking Biz News] $$$ "Many under-30 tech entrepreneurs see the paper rectangles as an anachronism, so they are turning to digital options. About 85 million people manage their professional networks with LinkedIn. Some 77 million smartphone users have downloaded the Bump app, which allows them to bump their phones together and instantly exchange contact information." Business cards are passé among 20something tech nerds. [Chicago Tribune] $$$ A (human) BusinessWeek writer did a taste test of gourmet dog food [BW] $$$ But what will happen with St. Kitts and Nevis CDS? [FTAV]

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