Write-Offs: 04.09.12

$$$ Facebook to Buy Instagram For $1 Billion [WSJ] $$$ "[R]ight before its billion dollar acquisition from Facebook, Instagram closed a $50 million Series B round from Sequoia, Josh Kushner’s Thrive Capital, Greylock and Benchmark at a $500 million valuation. ... Investors, many of whom didn’t know about the Facebook acquisition, literally doubled their money (which was wired to Instagram last Thursday) overnight." [TC] $$$ Feds aim to sack former Bears QB Jim McMahon over bad bank loans [Chicago Sun-Times] $$$ "JOBS Act won't mean mass marketing for hedge funds." Just a few discreet ads on Dealbreaker. [AR-Alpha] $$$ John Mack: “You have to do what makes you passionate and turns you on. And this really turns me on.” "Selling women's shoes? [NYM] $$$ Are you in business school and looking for a job? T. Rowe Price is looking for an MBA intern in its global investment services division [DBCC] $$$ What if the Sky Fell? [Bloomberg TV] $$$ Banks test ‘CDOs’ for trade finance [FT] $$$ Bank of America, Barclays Deny Illegal Acts Over Archstone [Bloomberg] $$$ William Cohan thinks that an FDA for financial products is a silly idea; update your priors [Bloomberg, earlier] $$$ ‘The Unchosen Ones,’ a proposed reality TV series, focuses on former Hasidic Jews [NYDN] $$$ The Jennifer Love Hewitt Handjob Hour Is The Funniest New Show On TV [Gawker]
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$$$Facebook to Buy Instagram For $1 Billion [WSJ]

$$$ "[R]ight before its billion dollar acquisition from Facebook, Instagram closed a $50 million Series B round from Sequoia, Josh Kushner’s Thrive Capital, Greylock and Benchmark at a $500 million valuation. ... Investors, many of whom didn’t know about the Facebook acquisition, literally doubled their money (which was wired to Instagram last Thursday) overnight." [TC]

$$$Feds aim to sack former Bears QB Jim McMahon over bad bank loans [Chicago Sun-Times]

$$$ "JOBS Act won't mean mass marketing for hedge funds." Just a few discreet ads on Dealbreaker. [AR-Alpha]

$$$ John Mack: “You have to do what makes you passionate and turns you on. And this really turns me on.” "Selling women's shoes? [NYM]

$$$ Are you in business school and looking for a job? T. Rowe Price is looking for an MBA intern in its global investment services division [DBCC]

$$$What if the Sky Fell? [Bloomberg TV]

$$$Banks test ‘CDOs’ for trade finance [FT]

$$$Bank of America, Barclays Deny Illegal Acts Over Archstone [Bloomberg]

$$$ William Cohan thinks that an FDA for financial products is a silly idea; update your priors [Bloomberg, earlier]

$$$‘The Unchosen Ones,’ a proposed reality TV series, focuses on former Hasidic Jews [NYDN]

$$$The Jennifer Love Hewitt Handjob Hour Is The Funniest New Show On TV [Gawker]

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Write-Offs: 05.03.12

$$$ Got half an hour? Watch Facebook's retail roadshow [Facebook] $$$ Wall Street doesn't know how to value private equity firms [Fortune / Dan Primack] $$$ Documents allege HSBC money-laundering lapses [Reuters] $$$ UBS investors protest against pay plan [FT] $$$ Osama bin Laden's views on investing jihad money [FTAV] $$$ Pimco is looking for a digital marketing specialist in New York [DBCC] $$$ Wall Street Wants More From the JOBS Act [DealBook] $$$ Bank of America to Sell Hearst Tower for $250 Million [Bloomberg] $$$ Krugman Wishes He Were Wrong Amid EU Austerity Backlash [Bloomberg] $$$ The Secret of Ben Bernanke's Beard [Atlantic] $$$ This has no conceivable financial hook, but [The Awl] $$$ Lost Pet Parakeet Found Its Way Home By Telling the Police Its Home Address [Gizmodo]

Write-Offs: 08.22.12

$$$ Fed Minutes Suggest Action Likely [WSJ] $$$ 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]

Write-Offs: 04.05.12

$$$ Facebook to List on Nasdaq [WSJ] $$$ Egan-Jones Cuts US Credit Rating to 'AA,' Citing Debt [CNBC] $$$ Swiss Are Tested on Franc [WSJ] $$$ Jefferies Ends First Quarter With Short Position on Spain [Bloomberg] $$$ ABS shows Greek bonds can pay par [IFR] $$$ Hyenas Give Up Scavenging For Lent [LiveScience via The Hairpin, related?] $$$ Like the NYSE, we’ll be off tomorrow. Enjoy the long weekend and we'll see you Monday. $$$ Jobs News Could Be So Good That It's Bad. Or vice versa? [WSJ] $$$ Architect of Fed’s ‘Operation Twist’ quits [FT] $$$ Kozlowski Is Turned Down for Parole [DealBook] $$$ The Vulcan/Martin Marietta takeover fight is pretty nasty [Dealpolitik] $$$ Why You Should Learn to Love Pink Slime [The Atlantic / Adam Ozimek] $$$ Beer is not the main cause of the the beer belly [Guardian]

Write-Offs: 04.10.12

$$$ Rick Santorum drops out of the presidential race [WaPo] $$$ Alcoa Posts Surprise Profit After Aluminum Orders Climb [Bloomberg] $$$ Hedge funds lag the market, again [Fortune] $$$ Dan Loeb has convinced Yahoo that it's time to move forward with some buzzwords [AllThingsD] $$$ "The conventional wisdom that Facebook sees Instagram as competition is not the whole story. It may also see Instagram as particularly advertiser-friendly content that its users currently have trouble producing. Think of it as a $1 billion way to make your parents’ status updates more interesting." [Reuters / Ryan McCarthy] $$$ Interested in behavioral economics? Then don't buy Karl Daniels's Fast and Slow Thinking. [Language Log] $$$ Mitt Romney Is Doing ‘Gay Voice’ in This Video, Says Professional Gay Voice Expert Bob Corff [Gawker] $$$ How would you like to be a portfolio management associate at Starwood Capital in Greenwich? [DBCC] $$$ NY pushes objection to BofA $8.5 billion mortgage pact [Reuters] $$$ "Court: Checking Facebook on Your Work Computer Isn't a Crime." Other courts disagree. [WSJ Law Blog] $$$ "For the first time in its 4 1/2 year life, a program on the Fox Business Network has topped a show on CNBC for an entire week in both Total Viewers and younger viewers." [TVNewser via Talking Biz News] $$$ What Do Europe's Pirate Parties Stand for? [Bloomberg] $$$ This happened [BI] $$$ Mayonnaise Store Now Open in Prospect Heights [Brownstoner] $$$ 5-year-old brings heroin for 'show and tell' [Stamford Advocate]

Write-Offs: 05.07.12

$$$ Spain to spend billions on bank rescue [FT] $$$ Facebook Kicks Off Roadshow With Zuckerberg in Hoodie [WSJ] $$$ Shareholder Calls for Chesapeake to Be Open to Offers [DealBook] $$$ How venture capital is broken [Reuters / Felix Salmon] $$$ The "Gentleman Groper" was only a gentleman, not a groper [NYP, earlier] $$$ Stocks Could Sell Off but Not Swoon: Technicians [CNBC] $$$ How would you like to be a senior derivatives trader at Aegon? It's in Baltimore. [DBCC] $$$ Should Benchmark Indices Have Alpha? Revisiting Performance Evaluation [NBER] $$$ An FDA for financial innovation remains a terrible idea [John Cochrane] $$$ Yahoo Board Is Said to Meet Today, Discussing CEO Scott Thompson [Bloomberg] $$$ Dinosaur flatulence, belching may have contributed to warming Earth, killing them off [AP]

Write-Offs: 07.20.12

$$$ Spain's Recession to Linger as Austerity Bites [WSJ] $$$ Euro Bailout Bid Gets Vote Of No-Confidence [Bloomberg] $$$ As the Justice Department weighs the possibility of criminal charges in the unfolding Libor rate-setting scandal, it may want to consider the record of the Swiss banking giant UBS. At UBS, a series of immunity, nonprosecution and deferred prosecution agreements in recent years — evidently the government’s preferred approach to corporate crime — seems to have had scant, if any, deterrent effect. “It’s depressing,” Representative Peter Welch, Democrat of Vermont, a member of the House oversight committee, told me this week after we discussed UBS’s recent transgressions. “The Justice Department has to decide: Is the day of consent decrees and settlements, where you pay a fine, one passed on to shareholders, are those days over? Are the days of jail time here?” [NYT] $$$ Jamie Dimon Opens Wallet For JPMorgan Shares, Picks Up 500000‎ [Forbes] $$$ Someone stole hundreds of David Hasseloff life-sized cutouts [NYDN] $$$ Credit Suisse chair says board backs Dougan [Reuters] $$$ Ex-BofA Executive Indicted For Fraud In Municipal Bond Probe [Bloomberg] $$$ BMW ‘stolen’ from Hooters is found [WaPo]

Write-Offs: 11.07.12

$$$ Dick Bové may be saved! [WSJ] $$$ ‘Sad and Depressed’ CEOs See No Light at End of Partisan Impasse [Bloomberg] $$$ George Soros says Obama victory means 'more sensible politics' [Reuters] $$$ Marc Faber seems to disagree [Bloomberg TV] $$$ Wall Street and the elections [FTAV] $$$ What Wall Street Needs to Know About Elizabeth Warren [DealBook] $$$ Diane Sawyer Knows You Think She Was Drunk Last Night [DI] $$$ Citi is looking for an ultra-high-net-worth banker associate in Beverly Hills [DBCC] $$$ Bank supervisor defends risk models [FT] $$$ French banks are getting into securitization [WSJ] $$$ Was Intrade being manipulated over the last month? [Overcoming Bias] $$$ "News Corp, the parent of Fox News, is one of the few stocks that’s up. I guess Obama is good for ratings." [CWS] $$$ How to De-Romneyize an Airplane [BBW]

Write-Offs: 05.04.12

$$$ Brussels signals easing of fiscal rules [FT] $$$ Treasury Announces Public Offering of AIG Common Stock [Treasury] $$$ AIG is buying structured credit products for yield, what could possibly go wrong? [Bloomberg] $$$ Berkshire Profit Doubles on Insurance Results, Derivatives [Bloomberg] $$$ Bloomberg News correspondent enjoys popcorn with truffle oil, baths, Polish zloties [The Billfold] $$$ How would you like to be a strategy andmanagement associate at a $10bn+ hedge fund? [DBCC] $$$ Goldman Takes Steps to Protect Bond Turf [WSJ] $$$ BofA never loses money [FTAV] $$$ Is lying a little on your resume bad? Experts debate. [DealBook] $$$ Is Wall Street Hustling Facebook? [NetNet / John Carney] $$$ Yngve Slyngstad is mad about Greece [FT] $$$ Pythons Swallow Whole Deer in Florida, $6 Million Tab [Bloomberg] $$$ MCA, RIP [RS]