$$$ Fed Minutes Suggest Action Likely [WSJ] $$$ Ainslie Up 20% As Stock Hedge Funds Defy Four-Year Slump $$$ Best Buy shareholders caught in the crossfire [Term Sheet] $$$ FTC Clears Facebook’s Instagram Purchase [Deal Journal] $$$ "Bain is a financial firm, but Romney wasn’t some Wall Street bank-monkey with a pitch book. He was the guy who fired you." [National Review] [!!] $$$ Wharton-Bound Goat Trainer Failed To Get Her Pet Goat To Perform On National Television [IvyGate] $$$ A middle market private equity firm is looking for a senior associate in South Florida [DBCC] $$$ Bernanke ‘More Popular Than Justin Bieber’? [CNBC] $$$ Broken Brokerages: Finance Luminaries Join Fight Over Uniform Fiduciary Standard [NYO] $$$ Chinese acquisitions in US near record [FT] $$$ Obama Says First Dog Bo Is on a Diet [DI] $$$ Man Convicted of Assault for Punching McDonald’s Employee After Sundae Arrived with Hot Fudge on the Bottom [Gawker]

$$$ Buffett: My Succession Plans Have Not Changed [CNBC] $$$ Meredith Whitney upgraded Citigroup [MarketBeat] $$$ Should you worry that all the big banks are growing their assets? [DealBook] $$$ Canadian approached for top BoE job [FT] $$$ Sallie Krawchek: "I've thought a lot about the issue of stereotypes, particularly on Wall Street. I can't count the number of times I have seen men slam something on a table, even throw something. You sort of do a mental eye roll and move on. I can count on one hand — on one finger — the number of tantrums I've seen a woman have. As she was having it, I remember thinking to myself, Bitch." [Marie Claire] $$$ The Ira Sohn Investment Idea Contest seeks to identify a great investment idea to help benefit children with cancer. This year's contest will be judged by an incredible group including Michael Price, Bill Ackman, David Einhorn, Joel Greenblatt and Seth Klarman. The winner will be selected based on the judges’ determination of the most compelling investment idea submitted with a one-year horizon, and will then get to present their investment idea at the Ira Soch Investment Conference itself in May. $$$ Morgan Stanley is looking for a market risk regulatory capital vice president [DBCC] $$$ London Goes After Trading in Yuan [WSJ] $$$ Bank of America Said to Put Foreign Wealth Management Unit Up for Sale [DealBook] $$$ Derivatives Lobby Has U.S. Regulators on the Run [Bloomberg / Roger Lowenstein] $$$ "We are in a depression, but not because we don’t know how to remedy the problem. We are in a depression because it is our revealed preference, as a polity, not to remedy the problem. We are choosing continued depression because we prefer it to the alternatives." [Interfluidity] $$$ "A Michigan lottery winner was charged with fraud Tuesday for collecting food stamps and public health insurance despite pocketing a $735,000 jackpot."

$$$ Schaeuble Declares Markets Wrong As Europe Heads To Vacation [Bloomberg] $$$ Don't Force Banks Into 'Draconian' Breakups: Whitney [CNBC] $$$ Morgan Stanley Stock May Be Worth $32 In Breakup, Mayo Says [Bloomberg] $$$ The Merkley plan to refinance underwater mortgages sounds pretty good [Reuters / Felix Salmon] $$$ Outspoken Analyst Kinnucan Pleads Guilty in Insider Case [WSJ] $$$ Man who rescued a 17-pound lobster "felt the nearly 100-year-old crustacean did not deserve to die with its parts soaked in butter. 'If he was 100, he saw World War I, World War II, man on the moon,' he said. 'Being in New England, he even saw the Red Sox win the World Series. So, he didn’t deserve the boiling water.'" [CBS] $$$ Due to recent regulatory requirements, a top bank in Charlotte is looking for a counterparty credit risk manager to be a Basel expert [DBCC] $$$ Libor scandal makes it more costly for bankers to get insured [Reuters] $$$ Europe Aims to Make Rate Manipulation a Criminal Offense [DealBook] $$$ Fund managers to lose securities lending profits [FT] $$$ The Securities and Exchange Commission drew sharp criticism from a federal judge who said they have failed to properly oversee a $55 million investor education fund created by a nearly decade-old settlement with Wall Street banks. The fund had been created as part of a roughly $1.5 billion regulatory accord in 2003 with Citigroup Inc, Goldman Sachs Group Inc, JPMorgan Chase & Co and other banks accused of publishing biased analyst research. U.S. District Judge William Pauley in Manhattan said the SEC has shown a "lack of oversight" and "indifference" toward how a nonprofit organization charged with distributing the money has been managed. ... Pauley pointed as an example to a two-year, $91,500 grant to the Genesee District Library in Flint, Michigan, that appeared to have resulted in just two events, one of which concerned "spending, sharing, and saving" for children ages two to five. "While there may be benefits to starting investor education early, toddlers seem beyond the pale," the judge wrote in an order issued Wednesday. [Reuters] $$$ Mitt Romney would restore 'Anglo-Saxon' relations between Britain and America [Telegraph]

$$$ Argentina to Seize Control of Oil Firm [WSJ] $$$ World Bank picks Kim as next head [FT] $$$ Coty Tries to Rally Support for Avon Bid Amid Skepticism [DealBook] $$$ Brazil Cannibal Empanadas: Brazilian Women Murdered, Eaten And Made Into Human Pastries [HuffPo, congrats on the Pulitzer] $$$ PIMCO is looking to fill tax manager positions - in regulated and private funds - in Newport Beach [DBCC] $$$ New York Jets All-Pro D'Brickashaw Ferguson, will be on Wall Street (Exchange Place and Broad Street) at 3:45pm tomorrow as part of The Decathlon 2012. Ferguson will be demonstrating how The Decathlon uses performance-based donating ('charitybets') to raise money to support Memorial Sloan-Kettering Cancer Center. He'll be charitybetting on any Wall Streeter to come out and participate in a Vertical Jump contest. Ferguson will have a Vertec (devise used at the NFL Combine to test vertical leaping) and a few thousand dollars - CASH - to donate to MSKCC. Jump 24-inches, Ferguson donates $100. Jump $26-inches, Ferguson donates $200. And so on and so forth. Registration for The Decathlon 2012 opens Tuesday, April 17th. The event is on Sunday, July 29th at Columbia University's Wien Stadium. $$$ For Two Economists, the Buffett Rule Is Just a Start [NYT] $$$ Following Other People's Stock Picks Just Got Easier but why? [Bloomberg] $$$ What is Carney talking about? [Reuters / Ben Walsh] $$$ ECB staff demand inflation protection [Money Supply] $$$ Rock Out With Your Cock Out: Penis Warmers Are Now a Thing [Fashionista] $$$ Breasts lead to arrest of Anonymous hacker [CNET]

$$$ Something something something "[Bernanke] must once again address whether there is more the Fed can do to get the economy going and whether it is worth taking chances on controversial new programs" [WSJ] $$$ Brussels pushes for wide ECB powers [FT] $$$ Google, Apple CEOs in secret patent talks [Reuters] $$$ Goldman is struggling to sell an ABS deal backed by Bob Dylan royalties, inspiring many FT jokes [FT] $$$ Chipotle caught STEALING pennies from hapless customers nationwide in deceptive receipt rounding scandal [Daily Mail] $$$ Kelly & Dylan finally get together [NYP] $$$ A bulge bracket bank in New York is looking for a senior internal audit manager [DBCC] $$$ Guy voting Republican [CNBC] $$$ Sharp Elbows Among Street Lawmen [WSJ] $$$ Citi is looking for a little more space [WSJ] $$$ "A 97-year-old message in a bottle found by Scottish fishermen in their catch has set the world record for spending the longest time at sea." [Bloomberg] $$$ Over 100 students in Harvard's "Intro to Congress" class are being investigated for cheating [Crimson]

$$$ Spain Banks Have $76 Billion Capital Deficit in Stress Test [Bloomberg] $$$ How Bernanke Pulled the Fed His Way [WSJ] $$$ The economics of video games [Wonkblog] $$$ Scaramucci Picking Singapore Shows City as Hot Spot [Bloomberg] $$$ "SocGen’s Alberts concedes that his writing can be 'pretty insane' and his market timing 'unerringly inaccurate.'" CNBC's headline is "Bernanke’s ‘Ruinous’ QE Will Lead to Rapid Inflation: SocGen’s Albert Edwards" [CNBC] $$$ 'Cocaine For Snowblindness': What Polar Explorers Packed For First Aid [NPR] $$$ AIG is looking for a credit analyst in New York [DBCC] $$$ Mortgage lending should provide a tailwind to bank earnings [Reuters] $$$ Ex-analyst at unit of Cohen's SAC Capital admits insider trading [Reuters] $$$ Global regulators follow UK’s Libor lead [FT] $$$ What Your Beer Says About Your Politics [Hotline] $$$ From King’s Daughter to Lowly Fishmonger: Lisa Marie Presley Is Selling Fish and Chips out of the Back of a Van [Gawker]

$$$ Eurozone delays Athens rescue funds [FT] $$$ Loans to Banks Cool Debt Crisis [WSJ] $$$ European Leaders Challenged by Rise in Joblessness [NYT] $$$ An explanation of that Barclays tax trade, with cartoons [FTAV] $$$ Sofa King can no longer advertise prices that are "Sofa King low" in the UK [Language Log] $$$ Mitt Romney has worn a garbage bag for rain gear $$$ Fed's Dilemma: Markets Want Both Growth—And Stimulus [CNBC] $$$ Facebook seeking bigger credit line [Reuters] $$$ Unlike other types of complex financial transactions, insider trading prosecutions usually do not require jurors to develop sophisticated knowledge of the financial markets or securities valuation. There is not a statutory definition establishing its parameters, so it can be applied to a wide variety of transactions, and the crime does not have complicated requirements for proving a violation. Prosecutors are cracking down on insider trading because there's no law telling people what's illegal and unsophisticated jurors will convict [DealBook] $$$ Oprah's Book Club makes people read less [MR] $$$ The personal assistant of Paris Hilton's sister's hedge funder ex-husband Todd Meister was maybe dating him while she was stealing $1mm from him, or something like that [NYP]

$$$ ECB Seen Favoring Bond Buying Over Bank Loans [Bloomberg] $$$ Swiss overhaul unsettles asset managers [FT] $$$ Homeowners give boost to US banks [FT] $$$ Treasury: Taxpayers Likely to Profit From Financial Rescue Programs [WSJ] $$$ Independent traders staged a walkout in one of CME Group Inc.'s CME busiest interest-rate futures pits, protesting a large, privately negotiated trade a day earlier that they claimed was unfair. The action by several dozen floor traders, which lasted about an hour, made prices harder to come by for some contracts used by banks and hedge funds to protect against shifts in some interest rates and threatened to deplete volumes in the market. ... Thursday's trade "was sort of the straw that broke the camel's back" for the protesters, said David Stein, an independent trader who was standing outside the pit Friday and who helped organize the protest. Mr. Stein said allowing privately negotiated block trades was "anticompetitive" and "un-American." [WSJ] $$$ A broker-dealer is looking for someone to trade equities in Dallas [DBCC] $$$ Obama likely paid higher tax rate than Romney in 2011 [Reuters] $$$ "The Securities and Exchange Commission is reviewing a proposal to create the first diamond-backed exchange-traded fund." [NYT] $$$ Facebook Acquires Mobile Marketer Tagtile [CNBC] $$$ Analysts Worry Gucci Will ‘Underperform’ Luxury Peers as PPR’s Stock Falls [Fashionista] $$$ Bloomberg unveils Muppets as NYC ambassadors [AP] $$$ “Hardcore Porn” Mistakenly Interrupts “Good Morning America” Broadcast In Two Towns [The JaneDough]