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Write-Offs: 01.28.11

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$$$Global Markets Are Rattled by Growing Unrest in Egypt [Reuters]

$$$ As consumers come creeping back, Bank of America Merrill Lynch is out with a report touting a new investment theme to get behind: Be "long women." The firm has developed an entire list of stocks centered around the idea that more women have more money, and the stocks of companies that cater to their needs should benefit from their rising wealth. [CNBC]

$$$ Ex-Deutsche Bank Trader Weinstein Launches 'Black Swan' Hedge Fund [FINalternatives]

$$$ Matthew Goldstein: Hedge fund manager Corey Ribotsky recently sent a letter to his investors in his NIR Group telling them he has been the subject of "rumor and innuendo" and that his firm did nothing wrong. [Reuters]

$$$ Mets explore selling stake to satisfy Madoff suit [ESPN]

$$$ Fannie, Freddie Recouped $20.9 Billion From Banks [WSJ]

$$$BofA Pay Shift Spurs Grumbling By Rivals: Last year the highest-paid bankers at the nation's largest bank by assets received as little as 5% of their payout in cash. Now bankers and traders making more than $5 million are getting as much as 30% of their 2010 compensation in cash and at least 70% in deferred stock, according to people familiar with the situation..."It's not a level playing field," said William Vereker, co-head of global investment banking at Nomura Holdings Inc. The fear is that any stark differences in pay between firms—and even continents—could make it harder to retain employees in search of better compensation. [WSJ]

$$$Citi Reshuffles Investment Banking Groups [FINs]

$$$Water is going to shape the path of economic growth in the countries in which we work,” says Rachel Kyte, a vice- president at the International Finance Corp., the World Bank’s private-investment arm. [Bloomberg]