Write-Offs: 10.18.10

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$$$BofA Sets Foreclosure Review Timetable [WSJ]

$$$Luke Holden's Luke's Lobster: The owner went from UBS to CS Capital to bringing New York something it sorely lacked: A tasty, affordable lobster roll. [BW]

$$$ Paul Tudor Jones Says Crash Shows Need for Price Limits [Bloomberg]

$$$Former CEO Hoping He'll Be College Football Head Coach Next Year [CNBC]

$$$ Greenwich hedgie Sussman now featured in Mass. congressional race [GT]

$$$ Two weeks after Bill Ackman's Pershing Square and Steven Roth's Vornado Realty Trust announced they had bought more than 26% of the department store chain's shares, Penney announced a plan to keep them from gaining more influence. Penney adopted a so-called shareholder rights plan—critics call it a "poison pill"—that would dilute Pershing's and Vornado's holding if they tried to increase their positions or force a takeover of the company. [WSJ]

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