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Write-Offs: 03.04.09

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$$$Bethany McLean: "The five hotshots who took Fortress Investment Group public were worth billions at first. Today they look like arrogant showboats, and their story helps explain why hedge funds are imploding by the thousands--and why there's still a truckload of money to be made." [VF]
$$$Beautiful Banker Yields Interest: Life After Goldman Is a Catwalk! [Observer]
$$$Specialists Pay $70 Million to Settle S.E.C. Charges [Dealbook]
$$$Goldman lays off down under [The Deal]
$$$Bubba To Talk Green [Fortune]