Write-Offs: 08.08.08

$$$Confessions of a risk manager [The Economist]
$$$Melissa Moody's Ratings Alternative: Citigroup [LoSC]
$$$Societe Generale Shuts Down U.S. Merger-Arbitrage Trading Group [Bloomberg]
$$$ Boston makes way for its biggest mansion, still fails to out-toilet Greenwich man. [Boston Globe]