Write-Offs: 12.12.11
$$$ Sino Forest announced it would stop paying interest on its bonds in the eighth paragraph of a press release [FTAV]
$$$ Lightsquared wants an "immediate investigation" into the leaked report that it interferes with 75% of GPS [Bloomberg, earlier]
$$$ New Jersey Verizon customers today got a hoax message telling them "Civil Emergency in this area until 1:24 PM EST - Take Shelter Now U.S. Govern" [Gawker]
$$$ Occupy Wall Street protesters were arrested after interviewing a giant squid in front of Goldman Sachs' headquarters and dancing at the World Financial Center [AP]
$$$Martin Marietta Lobs $4.7 Billion Hostile Takeover [Deal Journal]
$$$ Obama has received more campaign contributions from "business executives" than any Republican candidate [Bloomberg]
$$$[L]ast winter, the Mortgage Bankers Association—the very body whose president attacked defaulters for betraying their families and their communities—got its creditors to let it do a short sale of its headquarters, dumping it for thirty-four million dollars less than the value of the building’s mortgage. [NYer]
$$$ A man published a fake obituary for his mother so that he could take time off from work [ABC News]