Write-Offs: 06.25.12

$$$ EU could rewrite eurozone budgets [FT] $$$ Moody's Cuts Ratings on 28 Spanish Banks [WSJ] $$$ Do-it-yourself currency devaluation [NetNet / John Carney] $$$ Greek Finance Minister Quits Days Into The Job [Bloomberg] $$$ RBS computer failure condemns man to spend weekend in jail [Telegraph] $$$ Feeding your pet rabbit carrots could be bad for him [NYP] $$$ A leading tech focused M&A boutique investment bank would like to hire a senior associate or VP - could it be you? [DBCC] $$$ Mapping and Sizing the U.S. Repo Market [Liberty Street Economics] $$$ Downgrade of Funds to Have Broad Effects [WSJ] $$$ Banks fight Fed's push to make them less entwined [Reuters] $$$ "Breastaurants" Experiencing a Mini-Boom [AP] $$$ A Jew-Hating Elmo In Central Park [Gawker]

Author:: Dealbreaker
Updated:: Jan 14, 2019
Original:: Jun 25, 2012

$$$EU could rewrite eurozone budgets [FT]

$$$Moody's Cuts Ratings on 28 Spanish Banks [WSJ]

$$$Do-it-yourself currency devaluation [NetNet / John Carney]

$$$Greek Finance Minister Quits Days Into The Job [Bloomberg]

$$$RBS computer failure condemns man to spend weekend in jail [Telegraph]

$$$ Feeding your pet rabbit carrots could be bad for him [NYP]

$$$ A leading tech focused M&A boutique investment bank would like to hire a senior associate or VP - could it be you? [DBCC]

$$$Mapping and Sizing the U.S. Repo Market [Liberty Street Economics]

$$$Downgrade of Funds to Have Broad Effects [WSJ]

$$$Banks fight Fed's push to make them less entwined [Reuters]

$$$"Breastaurants" Experiencing a Mini-Boom [AP]

$$$A Jew-Hating Elmo In Central Park [Gawker]

$$$ Treasury nominee wins over critics, says tax reform top priority [Reuters] $$$ Meet the Morgan Stanley C.F.O. Candidates [DealBook] $$$ Has a Restructuring Credit Event occurred with respect to SNS Bank NV? [ISDA, also FTAV] $$$ "Mr. Grantham, chairman of Boston-based GMO LLC, a global investment management firm, was not arrested, but his daughter, Isabel, was one of 48 protesters arrested for handcuffing themselves to the White House fence ..." [P&I Daily] $$$ Dogs! [NYT] $$$ A leading software company in New York is looking for a Senior Vice President; Equity Financial Engineer [DBCC] $$$ Best Buy Founder Schulze Considers Alternatives to Buyout Plan [WSJ] $$$ SEC to roll out ‘Robocop’ against fraud [FT] $$$ Underwater and Drowning? Some Facts about Mortgages that Could Be Targeted by Eminent Domain [Liberty Street / NY Fed] $$$ "[S]tudents in Fröhlich’s "Intermediate Programming", "Computer Science Fundamentals," and "Introduction to Programming for Scientists and Engineers" classes ... collectively planned to boycott the final. Because they all did, a zero was the highest score in each of the three classes, which, by the rules of Fröhlich’s curve, meant every student received an A." [Inside Higher Ed via Catherine Rampell]

$$$ "Bernanke Signals Readiness to Do More" [WSJ] $$$ "Judgment Days Arrive for Euro Crisis" [WSJ] $$$ Spain To Recapitalize Bankia After 4.45 Billion-Euro Loss [Bloomberg] $$$ Nomura’s Failed Global Ambitions [DealBook] $$$ Quebec Whodunit: 1/4 of Province’s Syrup Reserves Go Missing [WSJ] $$$ That’s it for us today. We’re off Monday for the holiday, enjoy the long weekend and see you on Tuesday! $$$ A global investment bank is looking for an experienced metals options trader in New York [DBCC] $$$ Facebook hits new low after price target cuts [Reuters] $$$ Here is some hedge fund Weltschmerz [FT] $$$ Here is a really depressing story about student loans [NYT] $$$ Some people still don't like PowerPoint [BBW] $$$ "In general, rabbits preferred the higher resolution of the MacBook, whereas squirrels favored the larger screen of the Toshiba. Chipmunks were too hyperactive to linger around either device, even though I sprinkled the keyboards liberally with birdseed, which chipmunks seem to enjoy far more than birds do. I do not recommend this practice ..." [NYT]

$$$ Barclays to shrink controversial tax unit [FT] $$$ Glencore Details Final Offer for Xstrata [WSJ] $$$ Nasdaq unwavering on paybacks for faulty Facebook launch [Reuters] $$$ Tim Geithner ran a pretty good triathlon this weekend [DealBook] $$$ Goldman Goes Unpaid in El Paso Case [Deal Journal] $$$ William Morris Endeavor Entertainment is suing Amanda Drury for its commissions [Hollywood Reporter] $$$ BlackRock is looking for a marketing associate for private clients in New Jersey [DBCC] $$$ California wants the DOJ to stop hedge funds from threatening cities who want to use eminent domain to rewrite mortgages [Reuters] $$$ Everything you could possibly want to know about IOER [FTAV] $$$ Deutsche Bank Chiefs to Unveil Plan [WSJ] $$$ Harvard Football Said to Risk Losing Players in Cheating Probe [Bloomberg] $$$ "A jury on Monday awarded casino mogul Steve Wynn $20 million in his slander case against 'Girls Gone Wild' founder Joe Francis, who claimed the creator of some of Las Vegas' most upscale resorts threatened to kill him over a gambling debt." [NYP]

$$$ Goldman will console itself for its lost $20mm El Paso merger fee with its $220mm profit on the other side of the deal [Dealpolitik] $$$ "What's more, they tend to finance long-term mortgage securities with short-term repo. Typically they borrow from banks for 60-90 days and just roll their loans. Banks don't have to use much capital for securitized short-term loans, so they generally extend credit lines to REITs with no trouble." That sounds great [Sober Look] $$$ Jamie Dimon said some Dimony things today [DealBook] $$$ Mark Zuckerberg wrote the founder's letter in the Facebook S-1 on his phone [SAI] $$$ Kevin Roose went to TechCrunchDisrupt conference, disrupted it [DI, also, also] $$$ Brown Brothers Harriman is looking for a banking analyst in Philadelphia [DBCC] $$$ Moody's Cautions of Possible U.S. Downgrade in 2013 [WSJ] $$$ Integrating Banks Spurs Last-Minute Fears in Europe [NYT] $$$ "A South Carolina woman said she was shocked to discover her ex-boyfriend from 12 years ago has been living in her attic." [UPI] $$$ There may be a jaguar on the prowl in East Hampton [EH Patch via DI]

$$$ Bernanke Says Fiscal Cliff Fix May Bring ‘Very Good’ Year [Bloomberg] $$$ The Feds Are Closing In on Steve Cohen [DI / Kevin Roose] $$$ How gaming Libor became business as usual [Reuters] $$$ Xstrata Shareholders Back Deal Without Retention Packages [WSJ] $$$ "Is it possible to build a jetpack using downward firing machine guns?” [What If?] $$$ An elite boutique M&A firm is looking for an analyst with 1-2 years of investment banking experience [DBCC] $$$ US banks warn on money transfer rule [FT] $$$ Here you will find smart people attempting to understand Nassim Nicholas Taleb without reading him [Deus Ex Macchiato] $$$ Map: Where the Emotionally Challenged Live [BBW] $$$ Mitt Romney Is at Disneyland, Doing His Thing [Gawker]

$$$ Instead Of Doing His Job, Jeroen Dijsselbloem Has Given Us A Glimpse Of The Euro 'End Game' [BI] $$$ Paul Krugman thinks Cyprus should leave the Euro [NYT] $$$ RBS Split Not Ruled Out [WSJ] $$$ "Big Bank CEOs Must Rally Against Breakup Talk" [AB] $$$ "Texas, the Germany of America." [WaPo] $$$ Aspiring Model Scores State-Funded Boob Job After Convincing Doctor Her Flat Chest Was Causing Her ‘Emotional Distress’ [Gawker] $$$ Global pool of triple A status shrinks 60% [FT] $$$ Denmark Reviews Bail-In Law as ‘Terrorists’ Shape Banking [Bloomberg] $$$ Two Charged in Insider-Trading Case [WSJ] $$$ How the ‘London Whale’ trade could have been stopped [RWC&G] $$$ Ranking All 27 Seasons of The Real World [Vulture] $$$ Trump loses fight against wind farm [FT]

$$$ Fed Extends Twist, Signals Concerns [WSJ] $$$ Reasons to be sad about the Fed [Tim Duy] $$$ Berlusconi Casts Doubt on Austerity Plan [WSJ] $$$ Rompuy Blueprint Said To Include Options On Debt, Bank Oversight [Bloomberg] $$$ Standstills in Change of Control Transactions [HLS] $$$ With all words from Greek, Roman, Norse, etc. myths already taken, Peter Thiel named a fund after a metal from The Lord of the Rings [DI] $$$ A leading New York hedge fund is looking for a general counsel - could it be you? [DBCC] $$$ Regulators Back Off Tougher Curbs on Oil [WSJ] $$$ Ex-Orioles player Eddie Murray is part of insider trading inquiry [Reuters] $$$ The Mormon Madoff: How Shawn Merriman Scammed Millions $$$ NYSE CEO: Public Has Lost Trust inMarket [WSJ] $$$ Madam still stuck at Rikers [NYP]

$$$ Schapiro Questions Role of High-Frequency Traders [WSJ] $$$ Morgan Stanley veterans plan advisory boutique Dean Bradley Osborne or DBO Partners [FT] $$$ Charlie Gasparino: Preet Bharara plans to profit from taking credit for insider trading prosecutions [FBN] $$$ New York Federal Reserve Said to Plan Sale of AIG-Linked Mortgage Bonds [Bloomberg] $$$ UWS lawyer's wife paid $42,388 so husband could meet Knicks' Lin, take home jersey [NYP] $$$ A leading private equity firm is looking for an Energy associate [eFinancial Careers]