$$$ “He was dismissed for being too successful in that role because the provisions in his contract were considered by the bank to be too generous.” [FT]

$$$ Chris Dodd's Financial Reform Bill Is A Road Map Leading Directly Into The Next Crisis [BI]

$$$Jack Grubman to Sell Townhouse for $19.6 Million [NYO]

$$$ Hedge Funds Fail When 'Rock Stars' Are In Charge [Bloomberg]