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Write-Offs: 12.15.11

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$$$ Burton Malkiel on Emanuel Derman: "While quantum electrodynamics is a genuine theory of all reality, financial models are only mediocre metaphors for a part of it." [WSJ]

$$$ Corzine: “I don’t know how to respond to something that someone said to somebody else to somebody else that is unidentified.” Just like that! [FT]

$$$Peak credit, peak vol, peak corr [Aleph Blog, PragCap, WSJ]

$$$ Prosecutors think Allen Stanford is faking amnesia [CNBC]

$$$ Credit Suisse marks its two-weeker policy to market [Marketplace]

$$$Zynga IPO prices at $10 a share, top end of range [IFR]

$$$Fitch Downgrades a Bunch of Banks, Including Bank of America and Goldman [MarketBeat]

$$$ Some people think European banks are insolvent [Bloomberg, ZH/Bloomberg TV]

$$$ Retiring Goldman Sachs head of sponsors coverage Milton Berlinski is a bad at skiing, awesome at sucking up to clients [Bloomberg]

$$$ SORRY WORLD LEADERS: if you don’t email Henry Blodget soon, you won't be on his slideshow of Davos vacation pictures [BI]

$$$Should you fuck Tim Tebow? [Jezebel]

Related

Write-Offs: 02.25.13

$$$ Italy Vote Shows No Clear Winner, as Berlusconi Rises [WSJ] $$$ Goldman to begin fresh round of job cuts [Reuters] $$$ Remember That $83 Billion Bank Subsidy? We Weren't Kidding [Bloomberg, earlier] $$$ "There appears to be a growing trendin dying industries: The bosses want to hold their bedside vigils in private." [Deal Journal] $$$ Banks to sell complex CDS books [IFR] $$$ "As an excellent student with advanced people skills and an exciting resume, with a desire to be part of a challenging, energetic, and reputable organization, I will be a valuable addition to The Catholic Church as your new Pope." [McSweeney's] $$$ A top-tier investment management firm is looking for a VP, behavioral finance specialist in New York [DBCC] $$$ Wells Fargo Role in Heinz Deal Is Credit Negative, Moody’s Says [Bloomberg] $$$ Leveraged loan market on fire [Sober Look] $$$ Banks Face Key Hurdle in Libor Fight [WSJ] $$$ RBS plans IPO for U.S. arm Citizens in next two years [Reuters] $$$ John Kerry Brings Democracy to Kyrzakhstan [DI]

Write-Offs: 10.19.12

$$$ Germany Takes Hard Line on Spanish Banks $$$ Wall Street pay: Headed up or down? [Unstructured Finance] $$$ Bank CEOs Fear the Fiscal Cliff They Apparently Don’t Understand [DI] $$$ Swaps Rule Sends Wall Street Into Clearing Limbo [Bloomberg] $$$ "One visitor recalls a family ritual: Every night at around 9:30 or 10:00, Mitt and Ann would meet at the foot of their staircase, clasp hands, and escort each other upstairs to the bedroom, in full view of their brood." [TNR] $$$ Tim Tebow Has Officially Trademarked Tebowing [Deadspin] $$$ A global investment bank is looking for a director for Financial Crime Compliance [DBCC] $$$ Cries of abuse grow with use of complex U.S. stock orders [Reuters] $$$ SocGen to Sell Its Greek Bank [WSJ] $$$ Happy birthday Fox Business! [TBN] $$$ "Why does the male nude get no respect?" [WSJ] $$$ The Psychic Friends Network Cannot Predict Its Future [Bloomberg View]

Write-Offs: 11.01.12

$$$ Pierre-Henri Flamand is closing his event-driven hedge fund Edoma because there are no events [WSJ] $$$ Global Regulators to Cut List of Too-Big-To-Fail Banks to 28 [Bloomberg] $$$ Wells Seeks Mortgage-Suit Dismissal, Citing Redundancy [WSJ] $$$ Bloomberg endorses Obama [Bloomberg View] $$$ So does Whitney Tilson [BBW] $$$ Obviously there is a Harvard Business School Gangnam Style video [YouTube] $$$ The SEC is looking for a graphic artist / web designer in DC [DBCC] $$$ "Bernanke Depression Guru Seeks Roosevelt Well-Being" [Bloomberg] $$$ "The guide's popularity offers a glimpse into the world of aspiring management consultants" [WSJ] $$$ "Over the last 60 years, poll questions that asked people which candidate they expected to win have been a better guide to the outcome of the presidential race than questions asking people whom they planned to vote for." [NYT] $$$ Yield is the Last Refuge of Scoundrels [Aleph Blog] $$$ Cory Booker Not Taking Hot Pocket Crisis Seriously [DI]

Write-Offs: 10.24.12

$$$ Mortgage Lenders See Tighter Credit Under New U.S. Rules [Bloomberg] $$$ Draghi Defends Bond Buying Program [WSJ] $$$ Buffett looksfor big-ticket acquisition [FT] $$$ "European sovereign CDS tends to be priced in dollars, for instance, but CSAs might allow counterparties to post less valuable currencies (such as euros) to one another. This should theoretically alter the price of the contract materially – not least because of the correlation between the value of the euro and European sovereigns – but it appears few banks fully price in these risks." [IFR] $$$ Frank Lloyd Wright designed a doghouse; the dog hated it [Letters of Note] $$$ New Forests is looking for a senior financial analyst in San Francisco [DBCC] $$$ The Germans want to inspect the gold they store in the Fed's vaults, but John Carney has some MMT to lay on them [NetNet] $$$ "What do prefunded bank deposit guarantee schemes invest in? ... [T]hey buy the bonds of, or make deposits at, banks they guarantee. In one case it is rumoured that a scheme was reluctant to take over a bank because their own assets were deposited at it and they did not want to take losses." [DEM] $$$ Donald Trump is "very honored to have gotten President Obama to release his long form birth certificate, or whatever it was that he released," has moved on to another stunt [@realDonaldTrump] $$$ Superman quit his job to become a blogger [Mashable via MR]