Write-Offs: 01.07.11

$$$Bernanke Brightens Outlook [WSJ]

$$$ What the 'Massachusetts Foreclosure Ruling' Means [CNBC]

$$$ "A well-known basketball coach defrauded hedge fund investors of $16.5 million and used the money for homes, vacations and jerseys for his team, according to a complaint filed by the Securities and Exchange Commission." [NR]

$$$ Fed `Badly' Falling Short of Goal on Employment, Evans Says [Bloomberg

$$$Gene Sperling And Wall Street's Giant Sucking Sound [HBR]

$$$Matt Taibbi: "I worry that I'm going to hurt somebody with my writing. I've had a couple of close shaves where I've written some things that may have done damage to the people in my stories and that freaks me out an awful lot and so I worry about being wrong more than anything. I think every time I write a story kind of I always hold my breath and worry that you know did I hit somebody unfairly in this piece or is it going to come back that I got something completely wrong and I think that is the thing I worry about the most." [Big Think]