Write-Offs: 10.18.11
$$$ Bank of America is “knocking it out of the park” with third-quarter revenue that beat analysts’ estimates by almost $3 billion, said Michael Holland, chairman of New York-based investment firm Holland & Co. The $28.7 billion in revenue “is a big number,” Holland said today. [Bloomberg]
$$$ “There is a myth that the Greeks don’t work many hours. This is a big lie," Chrysochoidis said. "The reality is that the Greek people work more than any other country in the European Union.” [CNBC]
$$$The Road To Business School [BW]
$$$ Los Angeles faces tens of millions of dollars in additional borrowing costs after the City Council told anti-Wall Street protesters it intends to cut ties with banks involved in financial wrongdoing, Administrative Officer Miguel Santana said. [Bloomberg]
$$$Are you smarter than a Wall Street Occupier? [Daily Intel]
$$$Goldman Losses Mean Cuts In Staff And Compensation [FINS]
$$$Apollo Co-Founder Joshua Harris Is Unanimously Approved to Buy NBA’s 76ers [Bloomberg]
$$$Ice cream man gets 3 and 1/2 years for selling drugs from truck [NYP]