Write-Offs: 11.18.11
$$$Hedge-Fund Manager Sentenced to 5 Years in Insider Case [WSJ]
$$$Smaller Deficit Deal Discussed as Deadline Looms [WSJ]
$$$ Bethany McLean: "The reality is that the EFSF wasn’t meant to be an active institution; it was supposed to be a fire extinguisher behind glass: never to be used." [Reuters]
$$$ Rajat Gupta, Raj Rajaratnam: Gupta's lawyer sometimes forgets which one's which [DealBook]
$$$ The 1% Burger has foie gras, gold leaf, Grey Poupon; the 99% Burger has Wonder Bread [Eater via Mogulite]
$$$The MF Global Money Is Probably Gone: Source [NetNet]
$$$ When people get fired, they often carry their belongings out in boxes. Sometimes they're photographed and these pictures accompany stories about said firings. Apparently this is hilarious. [Dealbook]
$$$ Former hedge fund manager occupies Greenwich [Greenwich Time]
$$$ Is DTCC in fact the 98%? [FTAV, related?]
$$$ If you want to be an investment banker, it helps to go to Harvard or Yale [EconLog]