Write-Offs: 04.11.12

$$$ Justice Dept. Sues Apple and Publishers Over E-Book Pricing; 3 Publishers Settle [NYT] $$$ Harbinger Plans SEC Talks [WSJ] $$$ Billionaire Adelson to Spend $35B on 'Mini Las Vegas' [Reuters] $$$ Beer makes men smarter: study [NYDN via Grub Street] $$$ A growing middle market private equity firm in Boston is looking for a pre-MBA associate with a consulting background [DBCC] $$$ Why the Jobs Act Has Wall Street Sweating [Reuters] $$$ Jefferson County, Creditors Open Fight on Bond Payments $$$ No, Facebook shouldn't have waited until after its IPO to announce the Instagram deal $$$ Credit Rating Agency Models and Open Source [Expect[ed] Loss] $$$ Chickens Peck Man to Death in Latest Herman Cain Ad [DI]

Author:: Matt Levine
Updated:: Jan 14, 2019
Original:: Apr 11, 2012

$$$Justice Dept. Sues Apple and Publishers Over E-Book Pricing; 3 Publishers Settle [NYT]

$$$Harbinger Plans SEC Talks [WSJ]

$$$Billionaire Adelson to Spend $35B on 'Mini Las Vegas' [Reuters]

$$$Beer makes men smarter: study [NYDN via Grub Street]

$$$ A growing middle market private equity firm in Boston is looking for a pre-MBA associate with a consulting background [DBCC]

$$$Why the Jobs Act Has Wall Street Sweating [Reuters]

$$$Jefferson County, Creditors Open Fight on Bond Payments

$$$No, Facebook shouldn't have waited until after its IPO to announce the Instagram deal

$$$Credit Rating Agency Models and Open Source [Expect[ed] Loss]

$$$Chickens Peck Man to Death in Latest Herman Cain Ad [DI]

$$$ Fed's Kocherlakota Shifts on Unemployment [WSJ] $$$ EU in talks over Spanish rescue plan [FT] $$$ Mortgage Rates for 30-Year Loans Tumble, Matching Record [Bloomberg] $$$ How misstep over trading fractions wounded ICAP's EBS [Reuters] $$$ The radical right-wing roots of Occupy Wall Street [Reuters / Moe Tkacik] $$$ Happy birthday Lloyd! [DealBook] $$$ BlackRook is looking for a junior portfolio manager for the model based multi-sector fixed income team [DBCC] $$$ JPMorgan Power-Trading Business Faces Suspension, FERC Says [Bloomberg] $$$ Astrology guides some financial traders [Marketplace] $$$ The new iPhone map service sucks [Reuters] $$$ The experiment where college students value a coffee mug more if they have it and are asked for an offer than if they don't have it and are asked for a bid also works on grown-up car salesmen and realtors [Dan Ariely] $$$ Former German First Lady Sues Google: Autocomplete Suggests "Prostitute" When You Search Her Name [Slate]

$$$ ECB thinks the unthinkable, action likely weeks away [Reuters] $$$ Private equity assets hit record $3tn [FT] $$$ Economy Tests Harvard [WSJ] $$$ Guy seeks attention by pretending he manipulated Libor [Boston Review, related] $$$ Chivalry On Sinking Ships Only A Myth, Researchers Find [Bloomberg] $$$ Macquarie Research is looking for a REIT research associate in New York [DBCC] $$$ A Berlusconi Comeback Is Last Thing Italy Needs [Bloomberg] $$$ Here you will find a Fox Business segment on The Decathlon featuring an NBA vs. Wall Street vertical jump contest [FBN] $$$ Here you will find an argument for replacing the uncomfortable business metaphor "opening the kimono" with "putting a ruler to the dick" [Mathbabe] $$$ "Many scientists don’t like to talk about shark sex," but some do [LRB]

$$$ J.P. Morgan Suspends Share Buyback [WSJ] $$$ Bank of America's CEO 'Comfortable' With Investments [CNBC] $$$ Gupta ‘Threw Away His Duties,’ Prosecutor Says In Opening [Bloomberg] $$$ France, Germany Fail to Resolve Differences Over Euro Bonds [WSJ] $$$ U.S. lets China bypass Wall Street for Treasury orders [Reuters] $$$ MF Global's Corzine Got More Than $8 Million in Year Before Collapse [WSJ] $$$ S&P is looking for an associate to rate media and entertainment companies in Chicago - interested? [DBCC] $$$ "On average, for every additional 1% a company returned to shareholders between 2009 and 2011, the CEO was paid 0.6% more last year, the analysis found. For every 1% decline in shareholder return, the CEO was paid 0.6% less. ... In 2010, there was no correlation; for every 1% decrease in shareholder return, the average CEO was paid 0.02% more." [WSJ]$$$ Enron Ex-CEO Seeks Retrial On ‘New Evidence,’ Lawyer Says [Bloomberg] $$$ SEC move set to boost covered bonds in US [FT] $$$ With New Firepower, S.E.C. Tracks Bigger Game [DealBook] $$$ The New York Times printed a giant Gretchen Morgenson story about insider trading except there was no insider trading [Reuters / Felix Salmon, also Reformed Broker] $$$ Taxi Panel May Raise Fares Up to 20% [NYT] $$$ Gal claims she was 'too hot' to work in lingerie shop, forced to wear robe before getting boot: suit [NYP]

$$$ Rick Santorum drops out of the presidential race [WaPo] $$$ 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]

$$$ Gawker acquires semi-public audited financials of Bain Capital funds, orgasms all over them [Gawker, related] $$$ Bain Capital's conversion of management fees into carry may have been tax aggressive [Victor Fleischer] $$$ Republicans eye return to gold standard [FT] $$$ New York Fed Sells Last of AIG Bonds, at a Profit [WSJ] $$$ "Hedge Funds, Grimacing, Open the Kimono" [Bloomberg] $$$ BlackRock would like to hire a securities lending accounting associate in San Francisco, if that's your cup of tea [DBCC] $$$ The Downsizing of the American Butler [CNBC] $$$ What's up with Best Buy? [DealBook] $$$ Citi passed its make-up stress test [Reuters] $$$ Seven-Year-Old Wins Iceland Ram Groping Contest [Iceland Review via MR]

$$$ Nasdaq, Carlyle Discussed Deal [WSJ] $$$ Investing in Water Good Long-Term Bet, Goldman Head Says [Bloomberg] $$$ U.S. judge speeds up schedule in Apple vs Einhorn case [Reuters] $$$ Here you can read a debate about central banking and bubbles [Free Exchange, Money Illusion] $$$ Sports Illustrated Celebrates Launch of the 2013 Swimsuit Franchise by ringing the bell at the NYSE [NYX] $$$ A leading boutique investment bank is looking for a Healthcare associate or VP in New York [DBCC] $$$ Porsche Manipulation Probe Extended to Supervisory Board [Bloomberg] $$$ Bank of New York loses bid for $900 mln tax benefit [Reuters] $$$ RBS chairman says CEO's pay is "modest" [Reuters] $$$ Maker’s Mark Is Watering Down Its Bourbon [Grub Street]