Write-Offs: 03.10.11

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$$$ Moody's, Spain Disagree Over Banks' Capital Needs [WSJ]

$$$The Insider's Guide To Insider Trading [BW]

$$$ Colony Capital's Tom Barrack on his plans for Michael Jackson's Neverland Ranch: "[We've] been working to restore it to its original greatness. The place is amazing. It has not only the beautiful spirit and softness of Michael, but a legacy of a thousand years of Indian culture that had transacted upon it. We have just been restoring it, renovating it. We have not really wanted to do anything commercial with it. The estate of Michael Jackson--they have done a great job in managing the estate. We are kind of waiting for them to decide what really they would like to do with us and with it. We are just being good stewards of a very special place." [Bloomberg]

$$$Arrow founder Alex von Furstenberg to step down [AR Magazine]

$$$Trump Signs Deal to Develop 2 Towers in Georgia, the Republic [NYT]

$$$ “Our business is really pretty simple,” Wells Fargo CFO Tim Sloan, 50, said in an interview last week at the bank’s San Francisco headquarters. “When you look at the deal and its structure looks like an octopus or a spider, just don’t do it. That kept us out of a lot of things.” [Bloomberg]

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