Write-Offs: 11.09.11
$$$French and Germans explore idea of smaller euro zone (Reuters)
$$$Jefferson County, Alabama, Votes to Declare Biggest Municipal Bankruptcy (Bloomberg)
$$$Millionaires list favourite fund managers (Reuters)
$$$ “We do not admit the allegations,” Karp said, to laughter in the standing-room-only courtroom. “But if it’s any consolation, we don’t deny them.” (Bloomberg)
$$$ "Is working for a bank inherently evil? Probably not." (DealBook)
$$$MF Sold $1.5 Billion in European Debt in Final Days (WSJ)
$$$Deal on new Greek PM falls through (FT)
$$$Bloomberg defends 'law-abiding' Wall St. protesters (NYDN)
$$$ But Governor Cuomo Blames ‘Extremist Groups on Steroids’ For Anti-Wall Street Sentiment (NYO)
$$$ "I can tell you unequivocally that the Obama Administration is not taxing Christmas trees." (ABC)