Write-Offs: 05.21.12
$$$J.P. Morgan Suspends Share Buyback [WSJ]
$$$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]