Write-Offs: 08.25.11 - Dealbreaker

Write-Offs: 08.25.11

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$$$Fuld, Lehman Execs to Settle Investor Lawsuit (Bloomberg)

$$$ El-Erian: Bernanke a 'Warm-Up' to Obama Job Speech (CNBC)

$$$Tim Cook: Apple is not going to change (WSJ)

$$$ The source claims RBS redecorated the lobby outside Sir Fred’s office with wallpaper costing £1,000 a roll because someone had made a tiny stain on one surface. It has also been claimed that fruit was flown in daily from Paris and £5.3million was spent refurbishing a listed building – dubbed ‘Sir Fred’s Pleasure Dome’ by staff – that was rarely used. (Daily Mail)

$$$Treasury Reaches $88.3 Million JPMorgan Sanctions Settlement (Bloomberg)

$$$MoFo Partner Offers Cautionary Tale in Use of ‘Reply All’ (ATL)

$$$Irene Threatens East Coast With $13.9 Billion In Damage (Bloomberg)

$$$Chris Christie Leaves Jersey Shore, Urges Others To Follow (WSJ)

$$$Tweets Move Faster Than Earthquakes (WaPo)

$$$Mark Walhberg and his brothers are opening a restaurant called Wahlburgers (Gothamist)

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$$$ Spain rating slashed 3 notches by Moody's [Reuters] $$$ Citigroup was once worse than it is now [Bloomberg] $$$ Gupta Prosecutors Draw ‘Secret Pipeline’ Pattern; Defense Asks, ‘Where’s the Beef?’ [DealBook] $$$ JPMorgan doomsday scenario revealed [FT, FTAV] $$$ Large Institutions Discuss New Marketplace for Bonds [WSJ] $$$ George W. Bush’s decapitated head appeared on Game of Thrones [io9] $$$ Lombard Street Research is looking for a senior institutional sales executive in New York [DBCC] $$$ Crédit Agricole Girds Greek Unit for Greece Euro Exit [WSJ] $$$ Two PMs leave Taconic to form value equity shop [AR] $$$ Should lawyers have stopped the London Whale? [ATL] $$$ Endless QE? $6 trillion and counting [Reuters] $$$ Cops: Man on drugs rammed Stamford police cruisers [Stamford Advocate]