Write-Offs: 07.08.10
$$$U.S. gives China pass on currency [Reuters]
$$$Hedge Funds Increase Short Exposure Yet Still Suffer Poor Performance [MF]
$$$ Meltzer Says U.S. Economic Programs Have Been `Foolish' [Bloomberg]
$$$Casino, Gambler Who Lost $127 Million Near Settlement [WSJ]
$$$Former NIR Group Analyst Accused of Securities Fraud [Forbes]
$$$ Joe Cassano's Facial Expressions [NYO]