Write-Offs: 12.14.11

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$$$Bernanke Tells Senators Federal Reserve Has No Plan to Aid European Banks [Bloomberg]

$$$ Merrill Lynch bonuses may be down 40% [FBN]

$$$ Credit Agricole will lay off 2,350 people [WSJ]

$$$Greek Creditor Committee Said to Be Near Hiring Blackstone [Bloomberg]

$$$ MF Global had a "break-the-glass" survival plan that did not include "steal customer money" [Reuters]

$$$ What would happen if ratings agencies were run by French philosophers? Nothing good [Daily Beast]

$$$Fitch Downgrades Five European Banks [CNBC]

$$$ Americans are depositing less at European banks, will be borrowing less from them [FT, FTAV]

$$$ American CEO compensation was up 27 to 40% in 2010, though that includes stock options and is otherwise vague [Guardian]

$$$ Want to have lunch with Paul Volcker, Austan Goolsbee, Robert Wolf and Mort Zuckerman? [CharityBuzz]

$$$ Here you will find a video of a former equities trader now running a doggie daycare, and a pun about "animal spirits" [Bloomberg]

$$$ Here you will find a baby seal sitting on a couch [NZ Herald]

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Write-Offs: 07.12.12

$$$ Excited for Whale day? [Reuters] $$$ Banks’ Libor costs may hit $22bn [FT] $$$ Bain Starts Raising Buyout Fund With $6 Billion Target [Bloomberg] $$$ PFG Employee Files Lawsuit for Wages so he could afford the new leash, harness and doggie bed he had bought for Apple, his terrier mix [FINS] $$$ Piggy bank has a new meaning in a town east of Vienna after a surveillance camera caught a wild pig on a night foray to a local branch of one of Austria’s financial institutions. The Austria Press Agency reports that the inquisitive porker managed to push open a locked sliding glass door of a bank in Hainburg an der Donau to make its way inside. After looking around, it left the same way it came without causing significant damage, with the door locking behind it. [AP] $$$ A prominent broker-dealer is looking for a junior non-agency mortgage trader [DBCC] $$$ Richard Posner: Why There Are Too Many Patents in America [Atlantic] $$$ Goldman recruits former Treasury spokesman [FT] $$$ In spite of the Barclays scandal, LIBOR product continues to do well [Sober Look] $$$ Here you will find NSFW pictures of dinosaur loving [Daily Mail]

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