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Write-Offs: 06.03.09

$$$Greenspan: Big bailouts biggest threat to U.S. economic future [The Hill]
$$$Paulson & Co. ditches losing Barclays short [MarketWatch]
$$$ "In year of unprecedened market downturn, [Harvard] seniors flee finance and consulting for education and health." [Crimson]
$$$Ladenburg Thalmann finally replaces Bové [The Deal]
$$$ Mr. Fields is chief executive of Juridica Capital Management. which runs a fund that invests in one side of a lawsuit in exchange for a share of any winnings.
"It's always a good time to invest in litigation," Mr. Fields said, though he added that the weak economy helped. [NYT]
$$$Citigroup Seeks Authorization for 60 Billion Shares [Bloomberg]