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Write-Offs: 05.22.09

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$$$Morgan Stanley Boosts Salaries As Its Bonuses Are Limited [WSJ]
$$$ "A woman who has fled New Zealand with her boyfriend after they received a multimillion dollar bank credit also has her daughter and sister with her, it was revealed today.
Police said today they were seeking a couple over the taking of $3.8 million mistakenly credited by Westpac to a bank account." [NZHERALD]
$$$Morgan Stanley taps UBS banker as prime-brokerage head [Wealth Report]
$$$ Richard Posner Defines Depression [The Deal]
$$$ "Beginning this weekend, Axe is trying to appeal to New York area pick-up artists with a new venture: it is sponsoring a Hamptons nightclub for the entire summer." [NYT]
That's it for us. We're off Monday, but if you happen to come across Vikram Pandit pounding some Mike's Hard Lemonades poolside, we want to know. Have a great weekend!