Write-Offs: 12.01.2011

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$$$Draghi hints at eurozone aid plan [FT]

$$$While Europe's economic problems are real, what imperils the Eurozone is a mostly political crisis, in which Germany and the ECB are threatening to permit armageddon unless their policy agenda is implemented. This is, in other words, Europe's debt ceiling. The Eurozone is facing an unimaginable economic catastrophe, but the players with the power to avoid it will only do so if their demands are met. [Ezra Klein]

$$$ The "Boiler Room Legalisation Act of 2011" [FT]

$$$ Elliott Spitzer wishes he could still arrest people [Slate]

$$$ If you ever need to find Jon Corzine, try his apartment [@CGasparino, earlier]

$$$Ben Bernanke In A Humvee: Why The Fed Bailed Out Europe [Marketplace]

$$$Ten Years Later, Some Press a Different View of Enron [CNBC]

$$$Coke said it became aware of consumer complaints through Internet postings and some telephone calls to the company. Many Internet comments have been critical of the white cans. "PEOPLE! Don't be a victim,'' wrote one consumer on Twitter, warning that mixing up Coke and Diet Coke is "a SHOCK to the palate!'' [WSJ]

$$$Kyle Bass: The psychology of the situation is crucial to understanding why and how the gap between perception and reality can be so large. Participants haven't contemplated hard defaults (until most recently) because they have been so conditioned to believe they can not occur because it is against the interests of too many powerful parties. [AR]

$$$ This 23-year old finance professional is an excellent cuddler, seeks girlfriend for the holidays [Here Is The City]

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Write-Offs: 03.01.12

$$$ Eurozone delays Athens rescue funds [FT] $$$ Loans to Banks Cool Debt Crisis [WSJ] $$$ European Leaders Challenged by Rise in Joblessness [NYT] $$$ An explanation of that Barclays tax trade, with cartoons [FTAV] $$$ Sofa King can no longer advertise prices that are "Sofa King low" in the UK [Language Log] $$$ Mitt Romney has worn a garbage bag for rain gear $$$ Fed's Dilemma: Markets Want Both Growth—And Stimulus [CNBC] $$$ Facebook seeking bigger credit line [Reuters] $$$ Unlike other types of complex financial transactions, insider trading prosecutions usually do not require jurors to develop sophisticated knowledge of the financial markets or securities valuation. There is not a statutory definition establishing its parameters, so it can be applied to a wide variety of transactions, and the crime does not have complicated requirements for proving a violation. Prosecutors are cracking down on insider trading because there's no law telling people what's illegal and unsophisticated jurors will convict [DealBook] $$$ Oprah's Book Club makes people read less [MR] $$$ The personal assistant of Paris Hilton's sister's hedge funder ex-husband Todd Meister was maybe dating him while she was stealing $1mm from him, or something like that [NYP]

Write-Offs: 06.15.12

$$$ Hopes for central bank action mount [FT] $$$ Mohamed El-Erian: "There is only so much central banks can do" [FT] $$$ Got Cash in Greek Banks? Don't Pull It! [NetNet] $$$ Hedge fund closures hit 2-year high in 1st quarter [Reuters] $$$ A "driven, even obsessive entrepreneur with a proclivity for micromanagement" who is unlikely to take his company public [NYTM] $$$ Also, bath salts [Spin] $$$ "Looking like Jesus can have a very powerful effect on people. When I appeared on stage as Jesus for the first time, a man saw me and collapsed into tears. Looking like this in daily life can be interesting. When I go into bars, for example, I always see people nudging each other. Invariably someone will come up to me with a bottle of water and ask me to turn it into wine. That happens a lot. I was on a date once in a wine bar, and we ended up with three tables joined together with everyone wanting to re-enact the Last Supper using the wine and the bread. It was strange, but fortunately the girl I was with thought it was fun." [FT] $$$ MetLife is looking for an associate director level credit derivatives trader in New Jersey [DBCC] $$$ In Motion, Facebook Lays Out Defense and Highlights Nasdaq’s Missteps [DealBook] $$$ Gupta Jurors Saw American Dream and Convicted [Bloomberg] $$$ The JPMorgan Whale’s regulatory motive [FTAV] $$$ "Can We Watch Some European Football Please?" asks Jim O'Neill [GSAM] $$$ The NFL will let fans pay for All-22 footage [WSJ] $$$ For one protester, 'Occupy' becomes a way of life [Reuters]

Write-Offs: 03.02.12

$$$ Facebook Adds Citi, Credit Suisse, Deutsche Bank on IPO [Bloomberg] $$$ Goldman CEO Blankfein deposed in insider case [Reuters] $$$ Greek Official Warns Debt Holdouts [DealBook] $$$ Yelp Stock Price Jumps 60 Percent In Its Debut [CNBC] $$$ Here is a fashion writer's detailed critique of Dominique Strauss-Kahn's lawyer's claim that it's hard to recognize a naked prostitute [Slate, earlier] $$$ You could be a Senior Director covering REITS for Fitch Ratings [DBCC] $$$ Iceland is considering adopting the Canadian dollar [Globe and Mail] $$$ U.S. seeks dismissal of Hank Greenberg's lawsuit on AIG takeover [Reuters] $$$ John Lanchester talks about why there's so little fiction about money [FT] $$$ And when making such comparisons between economics and physical science, there’s yet another point: what we call “microfoundations” are not like physical laws. Heck, they’re not even true. Maximizing consumers are just a metaphor, possibly useful in making sense of behavior, but possibly not. [Paul Krugman] $$$ Hoboken Steels for Wave of Drunken Revelers [Bloomberg] $$$ "You can all start creating a beautiful grey market now. Enjoy the weekend." [Overheard]

Write-Offs: 06.25.12

$$$ EU could rewrite eurozone budgets [FT] $$$ 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]