Write-Offs: 11.01.11

Author:: Dealbreaker
Updated:: Jan 14, 2019
Original:: Nov 1, 2011

$$$ FBI, Federal Prosecutors to Join Inquiry into Corzine Firm [NBC]

$$$ Bethany McLean: Did accounting help sink Corzine’s MF Global? [Reuters]

$$$AIG Repays $972 Million to U.S. Treasury [Bloomberg]

$$$Greece Says Vote On Bailout Is Still On [Reuters]

$$$Hedge Fund Rising Stars [AR]

$$$Mr. Bloomberg, a man of substantial means and considerable generosity, is known on Halloween to give out full-size candy bars, not just the “fun-size” ones. “I want the candy bars,” Logan Green, 7, who was dressed as Sonic the Hedgehog, said matter-of-factly when asked why he was visiting the mayor. Arriving at the town house, things looked promising: someone in an Elmo costume was stationed outside the door, handing out candy from a plastic pumpkin to a small crowd. But when the boys finally reached Elmo: disappointment. “It’s not full-sized,” Logan said, opening his hands to reveal the same old miniature Kit Kats and Tootsie Rolls that children seem to get at every house on Halloween. [CityRoom]

$$$ Bloomberg: 'Plain And Simple,' Congress Caused Mortgage Crisis, Not Banks [Capital New York]

$$$ Net Worth of Lawmakers Up 25 Percent in Two Years, Analysis Demonstrates [RC]

$$$ iPad 2 gets an $8 million Cretaceous makeover with dino bones, diamonds and gold [Engadget]

$$$ EU could rewrite eurozone budgets [FT] $$$ Moody's Cuts Ratings on 28 Spanish Banks [WSJ] $$$ Do-it-yourself currency devaluation [NetNet / John Carney] $$$ Greek Finance Minister Quits Days Into The Job [Bloomberg] $$$ RBS computer failure condemns man to spend weekend in jail [Telegraph] $$$ Feeding your pet rabbit carrots could be bad for him [NYP] $$$ A leading tech focused M&A boutique investment bank would like to hire a senior associate or VP - could it be you? [DBCC] $$$ Mapping and Sizing the U.S. Repo Market [Liberty Street Economics] $$$ Downgrade of Funds to Have Broad Effects [WSJ] $$$ Banks fight Fed's push to make them less entwined [Reuters] $$$ "Breastaurants" Experiencing a Mini-Boom [AP] $$$ A Jew-Hating Elmo In Central Park [Gawker]

$$$ Holder: Big banks' size complicates prosecution efforts [The Hill] $$$ Stress Tests Seen Boosting U.S. Bank Shareholder Payouts [Bloomberg] $$$ February the strongest month ever for US buybacks [FTAV] $$$ E*Trade Exec Behind Talking Baby Leaves [Deal Journal] $$$ Anti-CNBC ad runs on CNBC [TBN] $$$ "Also, releasing a new version of a customer favorite like 'snackable chicken,' works well, says James O'Reilly, chief marketing officer for Sonic Corp. 'Consumers love to eat chicken in portable forms,' so Sonic introduced a spicy version of its Jumbo Popcorn Chicken for a limited time last month, he says." [WSJ] $$$ Eaton Vance is looking for a junior U.S. taxable fixed income analyst in Boston [DBCC] $$$ Tiger accelerator fund pounces back after early losses [AR] $$$ Football Investors Get 62% in Run Around Players on Transfer Bet [Bloomberg] $$$ Monte Paschi seeks 1.2 billion euros damages over derivatives [Reuters] $$$ Wallace Shawn ‘Fascinated and Shocked’ by Iran’s R.O.U.S Problem [DI] $$$ Tensions brewed, for instance, when she organized a golf-themed 21st-birthday party for a student at University of Virginia—under orders from his mother in Epsom, England. The mother, Lindsay Smart, says her son Henry was initially wary of the party plan, but "as it got nearer, I think he warmed to the idea." He directed her not to do anything "over the top," but otherwise gave little guidance on the event, which was for about 25 people. "We were trying not to treat him like he was 5 years old," Ms. Battani says. [WSJ]

No good very bad quarter for equities; Germans pay $343 million for Business Insider; Glencore woes; Icahn's short film; "Meet the man behind 'sexy' Halloween"; and more.

$$$ More Probes Add to Barclays's Woes [WSJ] $$$ Corzine Searches for What's Next [WSJ] $$$ London Whale’s Boss Martin-Artajo Sued by JPMorgan [Bloomberg] $$$ “The growth in [European government bond] futures volumes is unbelievable,” said one senior credit trader. “The same short interest still exists – economically it’s identical. If you thought the short interest was hurting the market then it makes no sense to say cleared derivatives are good and OTC derivatives are bad.” [IFRE] $$$ Remember: it's not Halloween if you're in New Jersey [nj.gov via Counterparties] $$$ Dear College Kids, If You Dress in an Ironically Racist or Insensitive Costume, You May Get Punched In the Nose Like I Did [Gawker Updates] $$$ A private equity firm is looking for an associate in San Francisco [DBCC] $$$ When Is There a Strong Transfer Risk from the Sovereigns to the Corporates? Property Rights Gaps and CDS Spreads [NY Fed] $$$ Citigroup Staff Uprooted for Weeks as Sandy Slams Wall Street [Bloomberg] $$$ On Mayor Bloomberg's sign-language interpreter: "The perception that we non-signers have that these hand movements and facial expressions are particularly 'animated' and 'expressive' is precisely due to our lack of experience with them as linguistic features." [LL] $$$ Bloomberg on hurricane sushi, part 2 [BBW, earlier] $$$ Baby walrus rides out hurricane at NYC aquarium WITH VIDEO [MSNBC]