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Write-Offs: 03.17.08

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$$$Deals: A Topsy-Turvy World
In our M&A Roundup for the week ended March 16, tender offer for the maker of "Grand Theft Auto" and purchase of a social networking firm rank near top — while Bear Stearns goes for two bucks a share. []
$$$CME completes $9.4bn Nymex deal [FT]
$$$ The Evolution of Portfolio's Covers [Gawker]
$$$ Coldwell Banker broker Ray Schmitz, the guy who was standing outside Bear Stearns' headquarters hawking apartments for any BS employees now looking to downgrade. [Curbed]
$$$New Trial for Ex-Qwest Boss Nacchio [AP]
$$$KKR: "We do not have any risk from U.S. home loan assets." [FINalternatives]