Write-Offs: 08.04.11

Author:
Dealbreaker
Updated:
Jan 14, 2019
Original:
Aug 4, 2011

$$$Dow tumbles 500 points in global rout (WSJ

$$$ Matthew Goldstein: The Paulson Advantage Plus fund is down 21.6 percent for the year after the fund fell 4.63 percent in July, according to people familiar with the firm who declined to be identified. The Paulson Advantage fund is down about 15 percent for the year. (Reuters)

$$$Ex-MLB player charged with insider trading (Fortune)

$$$ Benmosche: AIG No Longer Beholden to US Government (CNBC)

$$$French Court Orders Lagarde Probe (WSJ)

$$$China Will Escape a ‘Hard Landing’: Li Ka-shing (Bloomberg)

$$$Meredith Whitney: Right On Goldman, Right On Munis Too? (NetNet)

News

$$$ Catalonia Asks Spanish Government for Emergency Funds [NYT] $$$ Asia's Tide of Cash Hems in Policy Makers [WSJ] $$$ Morgan Stanley Win On Brokerage Would Be Pyrrhic Victory [Bloomberg] $$$ Paulson Assures Bank of America in Call [WSJ] $$$ "When I asked a PE tax attorney if what Bain is doing is allowed, she told me that 'allowed' and 'not allowed' isn't always the right way to think about it." Tax lawyers! [Term Sheet] $$$ The CFA Institute comes out against Great Idea Corp. [Forbes] $$$ Shia LaBeouf Got Into Character for Upcoming Film by Dropping Acid On Set [Gawker] $$$ William Blair is looking for an experienced associate for its technology investment banking group in San Francisco [DBCC] $$$ S.E.C. Charges 8 With Insider Trading in Sanofi Deal [DealBook] $$$ ISM sells a low-latency feed of its business data to Reuters [MarketBeat] $$$ “There’s an idea that when a lawyer or law firms are going to get a big payment, that there’s something somehow wrong about that, just because it’s a lawyer. I’m sorry, but investment banks have hit it big, a lot bigger the plaintiffs’ lawyer firms have hit it big. They’ve hit it big many times.” This Law Blog story on the Grupo Mexico verdict is kind of amazing. [WSJ Law Blog] $$$ Wall Street Rocker Gary Marks Settles With SEC Over Whether Knew What He Was Talking About [NYO] $$$ "There were no workers that were forced to attend the event. We had managers that communicated to our work force that the attendance at the Romney event was mandatory, but no one was forced to attend the event." [Raw Story] $$$ Hitler clothing store in India asked to change name [JTA]

News

Investors love expensive boutique fitness; Greece doesn't defaults; Ex-bank chief sentenced for TARP fraud; "EasyJet Passenger Tasered After Dispute Over Carry-On 'Man Purse'"; and more.

News

$$$ Germany, Netherlands Rating Outlooks Cut To Negative By Moody’s [Bloomberg] $$$ Congress Presses New York Fed for More Details on Rate-Rigging Scandal [DealBook] $$$ China bids $15bn for Canada’s Nexen [FT] $$$ John Paulson Said To See 50% Chance That Euro Will Fail $$$ Bane's Plan to Bankrupt Batman Doesn't Make Any Sense [The Atlantic] $$$ A top bank is looking for a consumer/food sector M&A vice president or senior associate [DBCC] $$$ Citigroup Chairman O'Neill Takes Hands-On Approach [WSJ] $$$ An Ackman Protégé Plans to Strike Out on His Own [DealBook] $$$ Apple is a champion of planned obsolescence [Reuters] $$$ Snoop Dogg to Release Reggae Album as Snoop Lion [Gawker]

News

Little known hedge fund buying tens of billions of U.S. Treasurys; World Bank says don't jack up rates yet; Vikram Pandit is back; "Canadian Election Candidate Resigns After Caught On Video Peeing In A Client's Cup"; and more.

News

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