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Write-Offs: 01.23.12

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$$$BofA Targets Up to $3 Billion in Additional Cuts [Bloomberg]

$$$Summers Memo Provides Peek at Crisis Aftermath [DealBook]

$$$Talks on Greek Debt Hit an Impasse [WSJ]

$$$Societe Generale, Credit Agricole Ratings Downgraded by S&P [Bloomberg]

$$$EU Banks Deepen Dependence on Unlimited Central Bank Loans [Bloomberg]

$$$ French bank celebrates its birthday by cancelling debts [GOOD via Atlantic Cities]

$$$Morgan chief executive James Gorman had to "baby walk" regulators through the compensation process, and point out that in addition to brokers, Bank of America also employs low-wage tellers and other staff in their branch offices, which depresses its overall ratio, a senior executive inside Morgan Stanley told FOX Business.What? [FBN]

$$$Jeep bursts into flames on I-95 [Stamford Advocate]

$$$EU's Barnier eyes fresh squeeze on bank pay [Reuters]

$$$ Zero economists think the gold standard is a good idea [Ideas Market]

$$$ "I’ve concluded that financial systems are better characterized as large-scale disinformation systems and that disinformation is at the core of how they function, not some tumor that can be excised to restore the patient to good health." [Interfluidity]

$$$Study: Hedgies Need To Make Strategies More Comprehensible [FINalternatives]

$$$Massive solar eruption to send radiation storm toward Earth [NYP]

$$$’Shrooms May Help Treat Depression: Study [Bloomberg]

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Write-Offs: 03.22.13

$$$ Inside a Star Hedge Fund: Lots of Big Bets, Built Fast [WSJ] $$$ Fed pushes banks to ignore rivals when setting bonuses [Reuters] $$$ JPMorgan Board Backs CEO Dimon as Chairman, Pays Zames More [Bloomberg] $$$ The Senate Drafts the SEC's Case Against JPMorgan [BBW] $$$ "A J.P. Morgan Chase employee climbed onstage at a black-tie dinner held on Wall Street Thursday night and accepted an award on behalf of the embattled bank for 'best crisis management.' ... Kathy Hu, an executive director in J.P. Morgan’s investor relations department, accepted the award and quipped: 'Can I just say, "Crisis? What crisis?"' J.P. Morgan beat out nominees Chevron Corp., which struggled with a refinery fire last year, and St. Jude Medical Inc., which battled heart-device problems." [Deal Journal] $$$ Pope calls Argentine kiosk owner to cancel paper delivery [CNA] $$$ Hey, Let Harvard Alumni Have Their Fun This Morning [DI] $$$ Deutsche Bank mulls raising fixed pay to counter EU bonus rules [Reuters] $$$ Judges’ Spat Strikes a Chord Among Deal Makers [DealBook] $$$ "Now some distressed debt investors get to find out what exactly it is you buy when you buy American-issued debt in a company incorporated in the Cayman Islands and doing business in China. I suspect the answer will be 'not much.'" [DealBook] $$$ "Henry Blodget is, in all seriousness, an artist of the internet whose methods should be studied and analyzed for future generations." [Gawker] $$$ "Finally I should note that the rectal gonorrhoea is the reason for my odour." Investment research! [Bronte Capital]

Write-Offs

Write-Offs: 10.15.12

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Write-Offs: 11.07.12

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Write-Offs: 06.21.12

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Write-Offs: 06.28.12

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