Write-Offs: 08.24.11
$$$Steve Jobs resigns as CEO, named chairman [Reuters]
$$$CBO Sees 2011 Deficit Narrowing to $1.3 Trillion [WSJ]
$$$Sarkozy Defends Top French Credit Rating [Bloomberg]
$$$John Paulson's Losing Streak Continues [WSJ]
$$$Biden Says He Didn’t Go to China ‘to Explain a Damn Thing’ About Economy [Bloomberg]
$$$DERIVATIVES: Repositories may need collateral data – report [IFR]
$$$Gold drops $160 an ounce in two days [FT]
$$$Herbert Hoover: Winning [WP]
$$$ Those of you who did not evacuate yesterday: good work [NYT]