Write-Offs: 12.06.11

Author:: Dealbreaker
Updated:: Jan 14, 2019
Original:: Dec 6, 2011

$$$EU talks on doubling financial firewall [FT]

$$$Tiny Tax on Financial Trades Gains Advocates [NYT]

$$$ Read an intricate argument about moral hazard in the Eurozone PSI, marvel at Felix Salmon's purple suit [BI]

$$$ Apply to be Warren Buffett's assistant's assistant, watch out for the tax bill [LinkedIn via Deal Journal]

$$$ Vote here to help Let's Get Ready, a non-profit that expands college access for low-income and first generation college-bound high school students, win $1 million from Chase's American Giving Award [LGR/Facebook]

$$$ "The havoc wreaked by MF Global's bankruptcy filing has been felt not just by Wall Street investors and traders, but also by wheat and corn growers, cattle ranchers and pig farmers" [WSJ]

$$$ Alec Baldwin was kicked off a flight for using his cell phone at the gate, tweeted about it [Daily Intel]

$$$ Two Research in Motion executives kicked off an Air Canada flight for drunkenness were fired by RIM, had to drive cross-country to get home [The Star]

$$$ Someone learned exactly enough about monopolies to take the CFA Level I, then turned it on his CFA prep provider [DayOnBay]

$$$ A reader writes: "CFA TESTING SCANDAL. WHAT IF THIS HAPPENED TO MATT?" INDEED. [Wall Street Oasis]

$$$ Banks’ M&A earnings drop to Lehman low [FT] $$$ Spain's crisis budget aims at spending cuts not tax rises [Reuters] $$$ There isn't really a Spanish deposit flight [FTAV] $$$ SEC Charges Investment Bank Analyst with Illegally Tipping College Friend About Nonpublic Merger Deals [SEC] $$$ Lawyer for Ex-Goldman Programmer Criticizes Prosecutors and Firm [DealBook] $$$ "Hedge Fund Pivot Joins BTG to Defy Bacon’s Investment Desert" is a real Bloomberg headline [Bloomberg] $$$ Canada cheese-smuggling ring busted [BBC] $$$ TCW is looking for a credit analyst in LA [DBCC] $$$ RIM's Earnings Beat Expectations; Shares Up 16% [WSJ] $$$ Geithner Urges an Overhaul of Rules on Money Market Funds [DealBook] $$$ SEC’s Gallagher Calls for Floating Price for Money Market Funds [Bloomberg] $$$ Mortgage rates are at all-time lows [CR] $$$ Houses on "Places" cost more than houses on "Streets" [Atlantic Cities] $$$ This happened [Twitter]

$$$ Catalonia Asks Spanish Government for Emergency Funds [NYT] $$$ Asia's Tide of Cash Hems in Policy Makers [WSJ] $$$ Morgan Stanley Win On Brokerage Would Be Pyrrhic Victory [Bloomberg] $$$ Paulson Assures Bank of America in Call [WSJ] $$$ "When I asked a PE tax attorney if what Bain is doing is allowed, she told me that 'allowed' and 'not allowed' isn't always the right way to think about it." Tax lawyers! [Term Sheet] $$$ The CFA Institute comes out against Great Idea Corp. [Forbes] $$$ Shia LaBeouf Got Into Character for Upcoming Film by Dropping Acid On Set [Gawker] $$$ William Blair is looking for an experienced associate for its technology investment banking group in San Francisco [DBCC] $$$ S.E.C. Charges 8 With Insider Trading in Sanofi Deal [DealBook] $$$ ISM sells a low-latency feed of its business data to Reuters [MarketBeat] $$$ “There’s an idea that when a lawyer or law firms are going to get a big payment, that there’s something somehow wrong about that, just because it’s a lawyer. I’m sorry, but investment banks have hit it big, a lot bigger the plaintiffs’ lawyer firms have hit it big. They’ve hit it big many times.” This Law Blog story on the Grupo Mexico verdict is kind of amazing. [WSJ Law Blog] $$$ Wall Street Rocker Gary Marks Settles With SEC Over Whether Knew What He Was Talking About [NYO] $$$ "There were no workers that were forced to attend the event. We had managers that communicated to our work force that the attendance at the Romney event was mandatory, but no one was forced to attend the event." [Raw Story] $$$ Hitler clothing store in India asked to change name [JTA]

Greece; Settlements; Hoaxes; "Florida man dances on police vehicle to ward off vampires"; and more.