Write-Offs: 02.17.12
$$$ Surprise! Harbinger Investors Sue Over LightSquared [WSJ]
$$$Goldman Sachs P.R. Chief’s Accidental Exit Interview [DealBook]
$$$BofA CEO Takes Pay Cut [WSJ]
$$$Lehman creditors push for testimony from Geithner [Reuters]
$$$ Surely you'd like to be a Senior Compensation Analyst, Executive Compensation at AIG (really!) [eFinancialCareers]
$$$ Maine caucus results were lost in a spam folder [Politico via DI]
$$$We're off for the holiday-- enjoy the long weekend and see you Tuesday!
$$$Regulators weigh thousands of pleas on Volcker rule [FT]
$$$Corporate Bond Funds Draw Record Amount of Investor Cash [CNBC]
$$$Time Warner Cable, MSG end standoff [NYP]
$$$ Yves Smith: Well, I hate to say it, but the [banking system] we had, circa 1980, wasn’t bad. The big thing is that you had investment banks that had balance sheets that were only in highly liquid products. And you had commercial banks that did maturity transformation and did not have terribly liquid balance sheets. The problem is we now have firms that are very dependent on short-term financing and yet have a lot of illiquid products on their balance sheet – that’s not a very good combination. [FTAV]
$$$ Maxim chose Fox's Jenna Lee as the sexiest financial reporter [BI of course]