Write-Offs: 10.04.11
$$$ “Like everyone else, I’m dissatisfied with what the economy’s doing right now,” Mr Bernanke said, adding that protesters had cause to be unhappy over the economy and political issues. (FT)
$$$ The S&P 500 closed yesterday, October 3, 2011, at 1099.23. Exactly three years ago, on October 3, 2008, it closed at 1099.23. (MarketBeat)
$$$ “Your decision to charge a new monthly debit fee is an overt attempt to make even more profit off the backs of your customers,” Durbin wrote to Bank of America Chief Executive Officer Brian Moynihan in a letter released yesterday. In comments on the Senate floor yesterday, Durbin called on Bank of America customers to “get the heck out of that bank.” (Bloomberg)
$$$Madoff Victims Set to Receive $312 Million Payout (Dealbook)
$$$Bridgewater Sells Back Office To BNY Mellon (GT)
$$$Anonymous Declares War: On October 10 at 3:30 p.m., the New York Stock Exchange Will Be No More (BetaBeat)
$$$William Shatner on the Economy and Investing (WSJ)
$$$ Goldman: Recession Chance 40% in 2012, Jobless Rate to 9.5% (CNBC)
$$$Warren Buffett to Rupert Murdoch: I’ll Show You Mine If You Show Me Yours (Daily Intel)
$$$Rajaratnam fights for less prison time (Reuters)
$$$Charlie Gasparino Thinks Jim Gorman Is Hiding Something (HP)
$$$Let’s Get Ready is helping expand college access for motivated, low-income high school students by providing FREE SAT preparation and college admission counseling; help them win $1 million from Chase Community Giving (LGR)
$$$ Oklahoma Mom, 37, Passes Love Note in Burrito to Alleged 13-Year-Old, Sex-Assault Victim (ABC)
