Write-Offs: 06.01.12
$$$How Morgan Stanley sank to junk status [Reuters]
$$$Rosengren Says Renewing Operation Twist Would Spur Growth; in other news the 10-year hit 1.437% today [Bloomberg]
$$$Defiant Spain to test the bond market [FT]
$$$Egan-Jones cuts Italy to B+, says economy "miserable" [Reuters]
$$$Rajat Gupta’s Wealth in Spotlight at Trial [DealBook]
$$$Man Sentenced For Abandoning Teen Daughter Due to Her Poor Calculus Grade [Fox]
$$$Geoffrey Raymond, the artist who's done everyone from Dick Fuld to Jon Corzine to Lenny Dykstra, has a new Jamie Dimon (above). Want to add your comments? Buy a print ($250)? Buy the original ($125K)? Be in touch.
$$$ A highly regarded advisory firm is looking for a life sciences investment banking associate [DBCC]
$$$Bankruptcy Court Approves Dynegy Settlement With Creditors [WSJ]
$$$Chesapeake Oil Well Is Biggest Gusher In Company History [Bloomberg]
$$$A central-bank failure of epic proportions [Economist / Free Exchange]
$$$ The National Review runs an article endorsing NGDP targeting [NR]
$$$Hockey Mom Madam wants bail reduced so she can care for her son [NYP]