Write-Offs: 11.03.11

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$$$SEC Said to Review Possible Insider Trading in MF Bonds [Bloomberg]

$$$AIG Posts Loss Tied to AIA, Mortgage-Bond Drop [Bloomberg]

$$$ "Frankly, banks have done a very poor job of explaining how we contribute to society," Barclays chief Bob Diamond said. "Second, we have to accept responsibility for what has gone wrong. Finally, most importantly, we have to use the lessons learned to become better and more effective citizens." [ThisIsLondon]

$$$ “When I meet with CEOs -- I met with one today -- I say, ’I’m the most persistent man in America,’” Ackman said. [BusinessWeek]

$$$Raj Rajaratnam Assigned to Massachusetts Prison [Dealbook]

$$$ "Jefferies' Rich Handler is one of the best CEOs no one's ever heard of," Meredith Whitney said in a brief telephone interview, adding that he has "managed the company so conservatively and has raised capital and done the largest debt deal ever just to play it safe and have cap buffers." [CNBC]

$$$Victim of recession? Bachelor pads: Almost one in five men between the ages of 25 to 34 are living with their parents, according to a Census Bureau report released Thursday. About 14 percent of men lived with their parents in 2005, a figure that crept up to 19 percent. [Politico]

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Write-Offs: 04.17.12

$$$ Buffett: My Succession Plans Have Not Changed [CNBC] $$$ Meredith Whitney upgraded Citigroup [MarketBeat] $$$ Should you worry that all the big banks are growing their assets? [DealBook] $$$ Canadian approached for top BoE job [FT] $$$ Sallie Krawchek: "I've thought a lot about the issue of stereotypes, particularly on Wall Street. I can't count the number of times I have seen men slam something on a table, even throw something. You sort of do a mental eye roll and move on. I can count on one hand — on one finger — the number of tantrums I've seen a woman have. As she was having it, I remember thinking to myself, Bitch." [Marie Claire] $$$ The Ira Sohn Investment Idea Contest seeks to identify a great investment idea to help benefit children with cancer. This year's contest will be judged by an incredible group including Michael Price, Bill Ackman, David Einhorn, Joel Greenblatt and Seth Klarman. The winner will be selected based on the judges’ determination of the most compelling investment idea submitted with a one-year horizon, and will then get to present their investment idea at the Ira Soch Investment Conference itself in May. $$$ Morgan Stanley is looking for a market risk regulatory capital vice president [DBCC] $$$ London Goes After Trading in Yuan [WSJ] $$$ Bank of America Said to Put Foreign Wealth Management Unit Up for Sale [DealBook] $$$ Derivatives Lobby Has U.S. Regulators on the Run [Bloomberg / Roger Lowenstein] $$$ "We are in a depression, but not because we don’t know how to remedy the problem. We are in a depression because it is our revealed preference, as a polity, not to remedy the problem. We are choosing continued depression because we prefer it to the alternatives." [Interfluidity] $$$ "A Michigan lottery winner was charged with fraud Tuesday for collecting food stamps and public health insurance despite pocketing a $735,000 jackpot."

Write-Offs: 10.31.12

$$$ More Probes Add to Barclays's Woes [WSJ] $$$ 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]