Write-Offs: 03.16.12

$$$ Goldman Reviewing Conflicts Policies for M&A Bankers [WSJ] $$$ Sprint Terminates Network Deal With Falcone’s LightSquared [Bloomberg] $$$ Deutsche Bank board appointment blocked [FT] $$$ Maybe Peter Henning thinks inside information obtained in AA meetings gets a free pass under securities laws? [DealBook, earlier] $$$ Shining Shoes Best Way Wall Street Women Outearn Men [Bloomberg] $$$ A $2 billion relative value hedge fund is looking for a credit trader in New York [DBCC] $$$ That thing about Apple's Foxconn slave laborers was fake [Marketplace] $$$ Billionaire index arbitrage [Felix Salmon / Reuters] $$$ Andrew Ross Sorkin is the most influential financial journalist; Zero Hedge's Tyler Durden tied for tenth [Talking Biz News] $$$ "Many under-30 tech entrepreneurs see the paper rectangles as an anachronism, so they are turning to digital options. About 85 million people manage their professional networks with LinkedIn. Some 77 million smartphone users have downloaded the Bump app, which allows them to bump their phones together and instantly exchange contact information." Business cards are passé among 20something tech nerds. [Chicago Tribune] $$$ A (human) BusinessWeek writer did a taste test of gourmet dog food [BW] $$$ But what will happen with St. Kitts and Nevis CDS? [FTAV]
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$$$Goldman Reviewing Conflicts Policies for M&A Bankers [WSJ]

$$$While one may not want to be pals with the Goldman guy who talks about “ripping eyeballs out” and “getting paid,” there’s a primal appeal to having such a person overseeing your finances, in the same way it’s good to have a bastard around to push other competitors off the island. [Daily Intel]

$$$Sprint Terminates Network Deal With Falcone’s LightSquared [Bloomberg]

$$$Deutsche Bank board appointment blocked [FT]

$$$ Maybe Peter Henning thinks inside information obtained in AA meetings gets a free pass under securities laws? [DealBook, earlier]

$$$Shining Shoes Best Way Wall Street Women Outearn Men [Bloomberg]

$$$ A $2 billion relative value hedge fund is looking for a credit trader in New York [DBCC]

$$$ That thing about Apple's Foxconn slave laborers was fake [Marketplace]

$$$Billionaire index arbitrage [Felix Salmon / Reuters]

$$$ Andrew Ross Sorkin is the most influential financial journalist; Zero Hedge's Tyler Durden tied for tenth [Talking Biz News]

$$$ "Many under-30 tech entrepreneurs see the paper rectangles as an anachronism, so they are turning to digital options. About 85 million people manage their professional networks with LinkedIn. Some 77 million smartphone users have downloaded the Bump app, which allows them to bump their phones together and instantly exchange contact information." Business cards are passé among 20something tech nerds. [Chicago Tribune]

$$$ A (human) BusinessWeek writer did a taste test of gourmet dog food [BW]

$$$ But what will happen with St. Kitts and Nevis CDS? [FTAV]

Related

Write-Offs: 06.18.12

$$$ Clogged Credit Weighs on Fed Policy Makers [WSJ] $$$ Ex-Expert Network Consultant Pleads Guilty in Insider Case [WSJ] $$$ TCI is trying to guilt the FSA into forcing Lloyds to redeem TCI's holdings of Lloyds contingent capital bonds at above-market prices [FT] $$$ Homeowner Aid Boosts Big Banks [WSJ] $$$ World's population is 17 million tons overweight [MSNBC] $$$ Do you have plans on July 17? Do you fancy yourself a poker player? A really good poker player? Do you think you could beat David Einhorn, even if he’s working the table like it's Lehman Brothers circa 2007/2008? Do you think it would not be so awkward that the two of you could then enjoy a meal together and talk shop after which he picks up the tab? If David's not your thing, do you think you could envision yourself in the same scenario but with Bill Ackman? If you answered yes to most of the above and also consider yourself a fan of humanity, helping others and all that jazz, you should most definitely clear your schedule next Wednesday and sign up for a World Poker Tournament benefiting the Rewarding Achievement (REACH) program, which was co-founded by Bill Ackman and Whitney Tilson and gives inner-city high school students academic support and scholarships for passing AP exams. The event is taking place at Gotham Hall in New York and Einhorn (your competition) will be playing, as will Ackman and Tilson. Prizes for winners include the aforementioned meal (a lunch), with Bill, David or Seth Klarman, five nights at a “world-class private beach home in Lamu, Kenya,” a private poker lesson with 2011 WSOP bracelet winner and 2011 WPT Player of the Year, Andy Frankenberger and more. Alternatively, if you’re not one for cards but still want to help kids, you can also just register for the cocktail hour. $$$ Would you be interested in a job as a credit team director at a distressed-focused private equity firm in New York? What if I told you it's at Patriarch Partners? [DBCC, also available] $$$ Likelihood of Grexit Still 50-75%: Citi [CNBC] $$$ Alvarez Says Fed Hasn’t Seen Other JPMorgan Risk Problems [Bloomberg] $$$ Millionaire Parents Say Their Kids Are Unfit to Inherit [CNBC] $$$ New Jersey Man Allegedly Calls 911 From His Pillow Fort, Demands To Speak To Tim Tebow [DeadSpin]

Write-Offs: 10.23.12

$$$ Facebook Posts Loss, But Emphasizes Mobile Growth $$$ LightSquared Executives Get $6 Million in Bonuses Approved by Judge [Deal Journal] $$$ Bernanke QE3 Stocks Miss Greenspan Irrational Exuberance [Bloomberg] $$$ ‘I’m Quite Concerned About Fiscal Cliff’: Greenspan [CNBC] $$$ Argentina won't kneel down before 'vulture funds,' says Cabinet Chief [BA Herald] $$$ Gupta is no Rajaratnam. Gupta tipped inside information about one company to Rajaratnam, while Rajaratnam traded on confidential information collected from many sources. So you’d expect that Gupta would be treated differently when he appears for sentencing. Federal sentencing guidelines, however, suggest a prison term for him that’s similar in length to the 11 years Rajaratnam is serving. And prosecutors want a sentence within those guidelines, just as they want for the hundreds of defendants sentenced in federal courts nationwide every day. Because what Gupta and Rajaratnam did is so different, though, sentencing Gupta to anything like the time Rajaratnam is serving undermines the whole purpose of the sentencing scheme that prosecutors say they want to uphold. [Slate] $$$ For several years now, Marc Lasry, the co-founder of Avenue Capital, has decorated his mansion on East 74th Street with bloodied bodies hanging from the balcony, skeleton heads, a giant inflatable ghost, swinging bats and a life-size, clothed skeleton affixed to a tree on the sidewalk. One afternoon last week, tourists and children gathered to take pictures of a dancing skeleton beside the front door. It was singing “Super Freak.” (Perhaps in the spirit of competition, the hedge fund manager Philip A. Falcone and his wife, Lisa Maria, have lavishly decorated the exterior of their 27,525-square-foot house on East 67th Street even though it is currently a construction site.) [NYT via BI] $$$ Adveq, a leading asset manager investing in private equity and real asset funds globally, is looking for an investor relations and development representative for North America [DBCC] $$$ Former Soros CIO nears launch of Anderson Global Macro early next year [AR] $$$ Wall Street Is Rethinking Commodity-Trading Role [WSJ] $$$ This is a story about LBO companies getting equity financing from long-only investors to pay down debt to manageable levels before an IPO [Term Sheet] $$$ This is a story about a management consultant who is also a self-published poet [BBW] $$$ "My wife ... penetrated to the heart of the debate in a single sentence tonight when, only about 15 minutes into the exchange, she observed: 'Romney’s flag pin is much larger than Obama’s flag pin.'" [NR] $$$ Obama Takes Out Romney With Mid-Debate Drone Attack [The Onion] $$$ NYC-Based Soup Chain Offers Free Cup of Soup, Personal Service from a ‘Cunt’ Named Mary [Gawker]

Write-Offs: 03.13.12

$$$ Fed Is 'Playing a Game With Us:' Pimco's Gross [CNBC] $$$ Bundesbank steps up pressure on Draghi [FT] $$$ Broker departures accelerate at Merrill Lynch [Reuters] $$$ The head of credit trading at Credit Suisse has been fined £210,000 for disclosing confidential information about a forthcoming €2.5bn bond issue after inviting a UK fund manager to “play charades” and guess the identity of the issuer. Nicholas Kyprios encouraged a fund manager who had been invited by Credit Suisse to a roadshow in November 2009 for an unnamed company to guess the issuer, using phrases like “you’re getting warmer”, the Financial Services Authority said. [FT] $$$ How would you like to be a Fixed Income Business Management Analyst for BlackRock in New York? [DBCC] $$$ Goldman Hires a New P.R. Chief $$$ Euro Zone Split over Financial Transaction Tax [Der Spiegel] $$$ Fred Wilpon's lawyers have planned a whole range of distractions for their Madoff trial [WSJ, related] $$$ Robert Lacoursiere, the Paulson & Co. partner who oversaw the $23 billion hedge fund’s team of banking analysts, quit last week after four years to start his own fund, according to a person with knowledge of the matter. [Bloomberg] $$$ Manhattan madam's 'sidekick' turns herself in, released on $100K bail [NYP]

Write-Offs: 06.20.12

$$$ Fed Extends Twist, Signals Concerns [WSJ] $$$ Reasons to be sad about the Fed [Tim Duy] $$$ Berlusconi Casts Doubt on Austerity Plan [WSJ] $$$ Rompuy Blueprint Said To Include Options On Debt, Bank Oversight [Bloomberg] $$$ Standstills in Change of Control Transactions [HLS] $$$ With all words from Greek, Roman, Norse, etc. myths already taken, Peter Thiel named a fund after a metal from The Lord of the Rings [DI] $$$ A leading New York hedge fund is looking for a general counsel - could it be you? [DBCC] $$$ Regulators Back Off Tougher Curbs on Oil [WSJ] $$$ Ex-Orioles player Eddie Murray is part of insider trading inquiry [Reuters] $$$ The Mormon Madoff: How Shawn Merriman Scammed Millions $$$ NYSE CEO: Public Has Lost Trust inMarket [WSJ] $$$ Madam still stuck at Rikers [NYP]

Write-Offs: 08.20.12

$$$ Hedge Fund Manager Found Guilty of Insider Trading [DealBook] $$$ Citi chief rejects calls for bank splits [FT] $$$ E.C.B. Rejects Speculation About Its Bond-Buying Intentions [NYT] $$$ Condoleeza Rice and Darla Moore became the first women admitted to Augusta National [USAT] $$$ Apple Market Value Hits Record High $$$ Kansas lawmaker apologizes for nude Sea of Galilee swim [AP] $$$ Morgan Stanley is looking for an anti-money-laundering due diligence manager in New York [DBCC] $$$ Banks Use $1.77 Trillion To Double Treasury Purchases [Bloomberg] $$$ UBS Seeing Moat Of Secrecy Run Dry Vows Results To Lure Wealthy [Bloomberg] $$$ "Inspired by Google’s PageRank, the authors of a new paper create DebtRank, a measure of connection centrality. The vertical axis in the following diagram shows DebtRank (centrality) the horizontal axis asset shows size relative to the total network and the color indicates fragility/leverage. Institutions such as Wachovia, RBS and Barclays were relatively small but because of their centrality and fragility they imposed big risks on the system." [MR] $$$ Would it be better if analysts started earnings call Q&As by saying "terrible quarter, guys"? [Overheard]

Write-Offs: 09.10.12

$$$ Barclays to shrink controversial tax unit [FT] $$$ Glencore Details Final Offer for Xstrata [WSJ] $$$ Nasdaq unwavering on paybacks for faulty Facebook launch [Reuters] $$$ Tim Geithner ran a pretty good triathlon this weekend [DealBook] $$$ Goldman Goes Unpaid in El Paso Case [Deal Journal] $$$ William Morris Endeavor Entertainment is suing Amanda Drury for its commissions [Hollywood Reporter] $$$ BlackRock is looking for a marketing associate for private clients in New Jersey [DBCC] $$$ California wants the DOJ to stop hedge funds from threatening cities who want to use eminent domain to rewrite mortgages [Reuters] $$$ Everything you could possibly want to know about IOER [FTAV] $$$ Deutsche Bank Chiefs to Unveil Plan [WSJ] $$$ Harvard Football Said to Risk Losing Players in Cheating Probe [Bloomberg] $$$ "A jury on Monday awarded casino mogul Steve Wynn $20 million in his slander case against 'Girls Gone Wild' founder Joe Francis, who claimed the creator of some of Las Vegas' most upscale resorts threatened to kill him over a gambling debt." [NYP]

Write-Offs: 06.05.12

$$$ European Union Proposes Central Banking Regulator [NYT] $$$ Spain says markets closing on it, seeks help for banks [Reuters] $$$ Ken Lewis's script to tell John Thain he was worried about Merrill's losses [Deal Journal] $$$ Using Confidential Information in a Hostile Offer [Harvard Law] $$$ Mitt Romney Surprised That Tall Man ‘Wasn’t in Sport’ [DI] $$$ Alpine Woods Capital Investors is looking for an experienced equity income Associate Portfolio Manager/Analyst in Westchester [DBCC] $$$ Hedge Funds Failing To Deliver Taxes To Connecticut [Bloomberg] $$$ Have a Bad Boss? Treat Him Like a Toddler [CNBC] $$$ Thomas H. Lee to Take Control of Party City [WSJ] $$$ Lax bros. Lax bros. [Boston Globe]

Write-Offs: 05.09.12

$$$ Spain finalises bank recapitalisation plan [FT] $$$ Bank of America's Moynihan tops list of worst performing CEOs [Fortune] $$$ "Nearly 46 percent of the revenue received by Merrill Lynch's Global Wealth Management unit last year came from just 21 percent of its top-producing brokers, about 2,500 people, according to copies of the reports reviewed by Reuters," which seems sort of low no? [Reuters] $$$ Goldman's trading "huddles" won't disqualify it from doing private placements [SEC.gov, earlier] $$$ Lawsuit Claims Texas Constable Forced Deputy to ‘Motorboat’ Her Breasts [ATL] $$$ A bank in New York is looking for a Basel II modeler - could it be you? [DBCC] $$$ Hedge Fund Inflows Slowing, a Report Indicates [DealBook] $$$ Peter Orszag seems to think strange things about the marginal utility of money [Bloomberg, earlier] $$$ Carlyle Falls Below Offer Price as Rubenstein Plan Fails. FYI the plan was "have stock go up." [Bloomberg] $$$ Space-Taxi Race Gets a New Player [WSJ] $$$ Accused madam yelled at by judge after attempting to switch defense team again [NYP]