$$$ Meredith Whitney upgraded Citigroup [MarketBeat]
$$$ Should you worry that all the big banks are growing their assets? [DealBook]
$$$ "I've thought a lot about the issue of stereotypes, particularly on Wall Street. I can't count the number of times I have seen men slam something on a table, even throw something. You sort of do a mental eye roll and move on. I can count on one hand — on one finger — the number of tantrums I've seen a woman have. As she was having it, I remember thinking to myself, Bitch." Carrick Mollenkamp interviews Sallie Krawcheck [Marie Claire]
$$$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]
$$$Derivatives Lobby Has U.S. Regulators on the Run [Bloomberg / Roger Lowenstein]
$$$ "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."