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Write-Offs: 08.08.12

$$$ Ex-UBS Traders Offered Deal by U.S. in Rate Probe [WSJ] $$$ The history of the invention of Libor [Reuters] $$$ British MPs accuse US of anti-City agenda [FT] $$$ Why investors should avoid hedge funds [Reuters / Felix Salmon] $$$ "Brazilian central bank employees staged their first work stoppage in five years today ... demanding an average pay increase of 23 percent to compensate for inflation since June 2008." [Bloomberg via Slate] $$$ Pole Vaulter Realizes It’s Not His Day As His Pole Shatters Mid-Vault [Deadspin] $$$ J.P. Morgan is looking for a Java developer to work on interest rates derivatives pricing [DBCC] $$$ Carbon Credits Gone Awry Raise Output of Harmful Gas [NYT] $$$ "I propose an expanded system of company registration under which companies would have to trade in private markets for a seasoning period, with mandatory disclosure, before they would be allowed to sell their shares to the public at large." [Harvard Law] $$$ On retail vs. institutional investors: "As for small investors vs. little guys, there’s a difference. If you have enough money that you’re investing it through brokers, I personally don’t count you as small, even if you appear small to Goldman Sachs." [Mathbabe] $$$ A Hundred Horses Are Ford’s Pride After Flipping Tainted Banks is really a Bloomberg headline [Bloomberg] $$$ Beck's next album will be released only as sheet music [McSweeney's]

Write-Offs: 06.11.12

$$$ Euro zone discussed capital controls if Greek exits euro [Reuters] $$$ Spain's Bailout Boost Quickly Turns to Rout [WSJ] $$$ Fed Says U.S. Wealth Fell 38.8% In 2007-2010 On Housing [Bloomberg] $$$ Bankers Complain of Tension With Fed Over Pay Restrictions [Real Time Economics] $$$ David Cameron left his 8-year-old daughter alone in a pub [AP] $$$ The world's oldest animal marriage looks set to have turtley ended after an incredible 115 years when the two Giant Turtles at an Austrian zoo refused to share their cage anymore. Zoo management have called in animal experts to try and give the pair counselling - feeding them romantic good mood food and trying to get them to join in joint games - but so far without effect. Zoo boss Helga Happ said: "We get the feeling they can't stand the sight of each other anymore." Bibi and Poldi have been a pair since before anyone alive today can remember - they have been together at the Austrian zoo in Klagenfurt for 36 years and before that they lived at Basel zoo in Switzerland. Zoo boss Helga added: "They are both 115 years old - they have been together since they were young and grew up together, eventually becoming a pair. But for no reason that anyone can discover they seem to have fallen out, they just can't stand each other." [Austrian Times] $$$ Intrepid Investment Bankers LLC is looking for an M&A vice president in LA [DBCC] $$$ U.S. high court to hear Amgen securities lawsuit case [Reuters] $$$ A stupid CNBC chart [Felix Salmon] $$$ A stupid Bloomberg headline [Strange Bloomberg Headlines] $$$ A yacht named the Blind Date exploded and sank in the Atlantic Ocean off Sandy Hook, New Jersey [nj.com] $$$ Jerry Sandusky's lawyer tells a jury: "You saw those 8 photos, cute kids" [Penn Live via Deadspin]