$$$ Former Barclays trader "has cooperated" with Libor probe [Reuters] $$$ Towards a transaction-based Libor [FTAV, and the Wheatley Review] $$$ Carl Levin not letting up on Goldman Sachs [Politico] $$$ SEC Asked Herbalife Same Questions Einhorn Raised [Deal Journal, earlier, also] $$$ Here’s Rex Ryan Wearing An “I’d Hit That” Shirt [Deadspin] $$$ How would you like to be a financial industry recruiter at The Bachrach Group in New York? [DBCC] $$$ Icahn accuses Forest of hiding poison pill agreements [Reuters] $$$ Ex-Carlyle Consultant Gets Probation For Insider Trading [Bloomberg] $$$ Job Churn Hits Insider Probe [WSJ] $$$ The first known use of "OMG" was in a 1917 letter to Winston Churchill [BuzzFeed]

Write-Offs

$$$ Regulator says no to Obama mortgage write-down plan [Reuters] $$$ Boehner, Reid reach early deal to avert shutdown [WaPo] $$$ Problems with a positive expected value lottery [Kid Dynamite] $$$ Problems with using Twitter signals in your quant fund [Willy Staley] $$$ J.P. Morgan Awarded ‘Best Trader’ For Second Quarter (Really) [Deal Journal] $$$ Snoop Lion explains name change [from "Snoop Dogg"], new focus [reggae] [CNN] $$$ Pimco is looking for a trade compliance analyst in New York and a trade compliance supervisor in Newport Beach [DBCC] $$$ SEC seeks more investor protections for U.S. muni market [Reuters] $$$ High frequency trading costs investors $2.5bn a year, or less, or zero, or benefits them, or something else [BBW] $$$ Switzerland is ‘new China’ in currencies [FT] $$$ FraudVille? Zynga sued for insider trading [Term Sheet] $$$ Happy 25th birthday, Microsoft PowerPoint! [Undercover Economist] $$$ The Porn Convention [Forbes]

News

$$$ Dow Hits Highest Close Ever [WSJ] $$$ Venezuela's Hugo Chavez dies from cancer [Reuters] $$$ FBI joins SEC in computer trading probe [FT] $$$ Wall Street 'Deal Toy' Indicator Flashes a Bullish Sign [CNBC] $$$ A Friendly Conversation with a Banker [The Billfold] $$$ There Is A Petition To Make R Kelly's “Ignition (Remix)” The National Anthem [BuzzFeed] $$$ An international trading house is looking for a Dodd-Frank compliance officer for its swap dealer business [DBCC] $$$ Citigroup Books $579M for Pay Plan Shareholders Panned [Bloomberg] $$$ Board Patience Wears Thin at Penney [WSJ] $$$ Buybacks, M&A, and de-equitisation [FTAV] $$$ ISDA to Send Credit-Default Swaps Changes to Traders [MarketBeat] $$$ The FBI is looking for a drone, if you've seen it [FBI]

Write-Offs

$$$ Third Point’s Loeb Warns Yahoo Chief of Looming Proxy Fight [DealBook] $$$ "LightSquared has retained two of the most prominent conservative litigators in the country — Theodore Olson and Eugene Scalia — in a sign it could be preparing to launch a court battle against the FCC." [Politico] $$$ SEC Details Charges Against Pre-IPO Funds [WSJ] $$$ Surprisingly, placing third at the Jewish Olympics makes you only an average ping-pong player [BI] $$$ "Talk about selfish, such accomplishments didn't help anyone but him! There is no customer that will pay for self-indulgent status climbing in irrelevant hierarchies, regardless of how much we encourage our kids to play such games. That is, ping pong is a fabulous avocation, a pathetic vocation." [Falkenblog] $$$ How would you like to be an equity portfolio associate for PIMCO in Newport Beach? [DBCC] $$$ Bernanke says Fed to make bank rules clearer [Reuters] $$$ Pension funds don't want 100-year gilts [FT] $$$ Fitch Revises U.K.’s Sovereign Rating Outlook to Negative [Bloomberg] $$$ Pulitzer Prize-winning financial reporter Jesse Eisinger explains how he prepared for his role in The Social Network: "I became a billionaire to see what it felt like. I already knew about how to be rejected by girls, so that was easy. My role in Zombieland was much more difficult to prepare for." [Reddit] $$$ Former brothel owner makes Olympic team [MSN]

Write-Offs

$$$ U.S. Banks See Strong Profit [WSJ] $$$ U.S. court says Argentina does not need to make $250 mln deposit [Reuters] $$$ Former Goldman Director Gupta to Stay Free Pending His Appeal [DealBook] $$$ Banks book record profits off Fannie and Freddie [Term Sheet, related] $$$ "The online brokerage of Bank of America Merrill Lynch rolled out something it is calling Face Retirement. ... Here’s how it works: It’s a website that takes your current image, using a web cam, and makes you old and decrepit — the kind of person who will need some cash socked away." [Deal Journal] $$$ "Prosecutors said there is no such thing as a $500 million Federal Reserve note" [UPI] $$$ The CME is looking for an executive director for equity index products [DBCC] $$$ Corporate bond "turnover has not collapsed 80 percent in the same way as dealer inventory, and in fact daily volumes are on a par with where they were in 2007." [Bond Vigilantes] $$$ CME Deliverable ‘Swap Futures’ See Comfortable Debut [MarketBeat] $$$ High Rollers Are Still Big Losers 18 Months After Online Poker's "Black Friday" [BuzzFeed, also MR: "Even if some of these sites were fraudulent, one wonders if the players would not have better off without government 'protection.'"] $$$ The "gentleman groper" is a lawyer, not a banker [ATL, earlier] $$$ "Can a dog be trained to drive a car? New Zealand's Society for the Prevention of Cruelty to Animals proved it could be done." [CBS, video!!!]

Write-Offs

Write-Offs: 04.25.12

Write-Offs: 08.10.12

Write-Offs: 04.30.14

Write-Offs: 07.31.12

Write-Offs: 03.05.13

Write-Offs: 03.29.12

Write-Offs: 03.14.12

Write-Offs: 12.04.12

Write-Offs: 04.04.12