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Write-Offs: 08.15.11

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$$$Paulson’s Hedge Fund Sells Citi, BofA Shares (Bloomberg)

$$$Matthew Goldstein: Berkowitz's Fairholme slashes US stock holdings (Reuters)

$$$Roubini: Karl Marx Had It Right on Capitalism (NetNet)

$$$Thiel’s Clarium Returns to Tech Investing After Big Losses (Bloomberg)

$$$ Moody’s Lowers Economic Growth Outlook (WSJ)

$$$100ft by 100ft PARKING LOT in Manhattan sells for $21million in latest sign of real estate madness returning to New York (DM)

$$$What happened to Whitney's credit ratings agency? (FINS)

$$$Fed's Lockhart says U.S. recession risks have risen (Reuters)

$$$Chinese Jews Face Existential Questions (WSJ)

$$$Market ills give CNBC a bounce (NYT via TRB)

$$$On Monday, lawyers for TCW sought to show that Mr. Gundlach, who has referred to himself as “the Pope” and “the Godfather,” was plotting to start his own firm long before he was fired. The jury of seven men and five women was shown e-mails between Mr. Gundlach and his lieutenant, Philip Barach, in which Mr. Gundlach accused Marc I. Stern, TCW’s chief executive, of trying to drive a wedge between the two men. “You deserve better. I deserve better. We deserve better. It’s really an easy decision now,” Mr. Gundlach wrote. (Dealbook)


Write-Offs: 08.23.12

$$$ Gawker acquires semi-public audited financials of Bain Capital funds, orgasms all over them [Gawker, related] $$$ Bain Capital's conversion of management fees into carry may have been tax aggressive [Victor Fleischer] $$$ Republicans eye return to gold standard [FT] $$$ New York Fed Sells Last of AIG Bonds, at a Profit [WSJ] $$$ "Hedge Funds, Grimacing, Open the Kimono" [Bloomberg] $$$ BlackRock would like to hire a securities lending accounting associate in San Francisco, if that's your cup of tea [DBCC] $$$ The Downsizing of the American Butler [CNBC] $$$ What's up with Best Buy? [DealBook] $$$ Citi passed its make-up stress test [Reuters] $$$ Seven-Year-Old Wins Iceland Ram Groping Contest [Iceland Review via MR]

Write-Offs: 08.20.12

$$$ Hedge Fund Manager Found Guilty of Insider Trading [DealBook] $$$ Citi chief rejects calls for bank splits [FT] $$$ E.C.B. Rejects Speculation About Its Bond-Buying Intentions [NYT] $$$ Condoleeza Rice and Darla Moore became the first women admitted to Augusta National [USAT] $$$ Apple Market Value Hits Record High $$$ Kansas lawmaker apologizes for nude Sea of Galilee swim [AP] $$$ Morgan Stanley is looking for an anti-money-laundering due diligence manager in New York [DBCC] $$$ Banks Use $1.77 Trillion To Double Treasury Purchases [Bloomberg] $$$ UBS Seeing Moat Of Secrecy Run Dry Vows Results To Lure Wealthy [Bloomberg] $$$ "Inspired by Google’s PageRank, the authors of a new paper create DebtRank, a measure of connection centrality. The vertical axis in the following diagram shows DebtRank (centrality) the horizontal axis asset shows size relative to the total network and the color indicates fragility/leverage. Institutions such as Wachovia, RBS and Barclays were relatively small but because of their centrality and fragility they imposed big risks on the system." [MR] $$$ Would it be better if analysts started earnings call Q&As by saying "terrible quarter, guys"? [Overheard]

Write-Offs: 11.5.15

US wins Libor-rigging case; Lynn Tilton sues MBIA; Lockhart sees rate liftoff soon; "Austrian 85-year-old cuts almost a million euros ($1.1 million) into tiny pieces in an apparent attempt to spite her heirs"; and more.

Write-Offs: 6.2.16

Nasdaq testing AI to track rogue traders; Bachelor party economics; Most Americans wouldn't sleep with Donald Trump for $1 million; and more.

Write-Offs: 6.14.16

Platinum Partners to shut main hedge fund; Andrew W.W. Caspersen his with new charges; 11-foot alligator found in Florida drainage system; and more.

Write-Offs: 7.8.15

Bargain hunters head for Mykonos; JPM adding jobs; Hulk Kogan sex tape trial gets date; "Bolivian Restaurateurs Invent Quinoa Communion Wafers For Pope"; and more.