Write-Offs: 07.09.12

$$$ Tucker denies intervening on Libor [FT] $$$ SAC’s Cohen Joins Loeb Starting Reinsurer For Capital [Bloomberg] $$$ "My best guess is that the LIBOR manipulation that went on before the financial crisis had a small effect on human suffering and its not clear whether it increased human suffering or decreased it. My best guess is that the LIBOR manipulation during the crisis reduced human suffering." [Modeled Behavior] $$$ "I do not understand why physicists are quite happy to say that the gravitational constant in appropriate SI units is 6.67384 ± 0.00080, but in finance and economics we are unwilling to say that the price of an asset is 103.23 ± 0.65." [Jayanth Varma] $$$ Employment Seeker Mistakes Nic Cage JPEG for CV, Inadvertently Sends Out Greatest Job Application Ever [Gawker] $$$ Morgan Stanley wants a FIG banking VP, if that's your thing [DBCC] $$$ New CFPB rules to simplify mortgage disclosure are 1,099 pages long [Kid Dynamite] $$$ Patriot Coal Files For Bankruptcy Protection In New York [Bloomberg] $$$ FN100 Most Influential: Regulators tighten grip on industry [FN] $$$ The New York Times Gets a ‘Rare Glimpse’ Quite Often [DI]
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$$$Tucker denies intervening on Libor [FT]

$$$SAC’s Cohen Joins Loeb Starting Reinsurer For Capital [Bloomberg]

$$$ "My best guess is that the LIBOR manipulation that went on before the financial crisis had a small effect on human suffering and its not clear whether it increased human suffering or decreased it. My best guess is that the LIBOR manipulation during the crisis reduced human suffering." [Modeled Behavior]

$$$ "I do not understand why physicists are quite happy to say that the gravitational constant in appropriate SI units is 6.67384 ± 0.00080, but in finance and economics we are unwilling to say that the price of an asset is 103.23 ± 0.65." [Jayanth Varma]

$$$Employment Seeker Mistakes Nic Cage JPEG for CV, Inadvertently Sends Out Greatest Job Application Ever [Gawker]

$$$ Morgan Stanley wants a FIG banking VP, if that's your thing [DBCC]

$$$ New CFPB rules to simplify mortgage disclosure are 1,099 pages long [Kid Dynamite]

$$$Patriot Coal Files For Bankruptcy Protection In New York [Bloomberg]

$$$FN100 Most Influential: Regulators tighten grip on industry [FN]

$$$The New York Times Gets a ‘Rare Glimpse’ Quite Often [DI]

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News

Write-Offs: 07.06.12

$$$ Hedge fund performance YTD: Paul Tudor Jones +1.59%, David Einhorn +3.7%, Dan Loeb +3.9%, HFRX Global Index +1.22%, S&P +8% [Reuters] $$$ For Fletcher Investors: Unhappy Returns and, So Far, No Refunds [WSJ] $$$ Money market funds close after ECB cut [FT] $$$ CNBC thinks it's important to report the "hot news story" of Libor manipulation without mentioning Libor, for some reason [CNBC] $$$ Marxism is back [Guardian] $$$ Massachusetts man pays off mortgage with pennies [AP] $$$ A Chicago hedge fund is looking for a quant trader/ quant strategist to join a high frequency trading team [DBCC] $$$ Italy Approves €4.5 Billion in Spending Cuts for 2012 [WSJ] $$$ Commercial Mortgages Show How Bad It Got [NYT] $$$ Reverse mortgages: the celebrity pitchman aren’t even the worst part [Reuters / Ben Walsh] $$$ You can predict the outcome of negotiations and business pitches without hearing a word by observing the ratio of speaking to listening and the amount of voice fluctuation [Farnam Street] $$$ It's going to be 105 degrees in New York tomorrow, so that's nice [DI]

Write-Offs

Write-Offs: 03.13.12

$$$ Fed Is 'Playing a Game With Us:' Pimco's Gross [CNBC] $$$ Bundesbank steps up pressure on Draghi [FT] $$$ Broker departures accelerate at Merrill Lynch [Reuters] $$$ The head of credit trading at Credit Suisse has been fined £210,000 for disclosing confidential information about a forthcoming €2.5bn bond issue after inviting a UK fund manager to “play charades” and guess the identity of the issuer. Nicholas Kyprios encouraged a fund manager who had been invited by Credit Suisse to a roadshow in November 2009 for an unnamed company to guess the issuer, using phrases like “you’re getting warmer”, the Financial Services Authority said. [FT] $$$ How would you like to be a Fixed Income Business Management Analyst for BlackRock in New York? [DBCC] $$$ Goldman Hires a New P.R. Chief $$$ Euro Zone Split over Financial Transaction Tax [Der Spiegel] $$$ Fred Wilpon's lawyers have planned a whole range of distractions for their Madoff trial [WSJ, related] $$$ Robert Lacoursiere, the Paulson & Co. partner who oversaw the $23 billion hedge fund’s team of banking analysts, quit last week after four years to start his own fund, according to a person with knowledge of the matter. [Bloomberg] $$$ Manhattan madam's 'sidekick' turns herself in, released on $100K bail [NYP]

News

Write-Offs: 07.30.12

$$$ ECB thinks the unthinkable, action likely weeks away [Reuters] $$$ Private equity assets hit record $3tn [FT] $$$ Economy Tests Harvard [WSJ] $$$ Guy seeks attention by pretending he manipulated Libor [Boston Review, related] $$$ Chivalry On Sinking Ships Only A Myth, Researchers Find [Bloomberg] $$$ Macquarie Research is looking for a REIT research associate in New York [DBCC] $$$ A Berlusconi Comeback Is Last Thing Italy Needs [Bloomberg] $$$ Here you will find a Fox Business segment on The Decathlon featuring an NBA vs. Wall Street vertical jump contest [FBN] $$$ Here you will find an argument for replacing the uncomfortable business metaphor "opening the kimono" with "putting a ruler to the dick" [Mathbabe] $$$ "Many scientists don’t like to talk about shark sex," but some do [LRB]

Write-Offs

Write-Offs: 08.10.12

$$$ Former Barclays trader "has cooperated" with Libor probe [Reuters] $$$ 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

Write-Offs: 12.14.12

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Write-Offs

Write-Offs: 06.26.12

$$$ Plans to Ease Euro Crisis Are Ambitious but Long-Term [NYT] $$$ European fiscal union and adverse selection [Scott Sumner] $$$ The twilight of the central banker [Economist / Ryan Avent] $$$ Best Buy Founder Weighs Buyout [WSJ] $$$ The crown prince of Dubai came to New York and ate a $1,000 ice cream sundae [NYP] $$$ BlackRock is looking for a real estate securities portfolio manager [DBCC] $$$ As Nomura Investors Meet, Strategy, Insider-Trade Probe to Take Center Stage [WSJ] $$$ Qatar turns on Glencore-Xstrata terms [FT] $$$ What’s been pushing up US repo rates? [FTAV] $$$ Man Charged with Felony Assault with a Dangerous Weapon for Throwing McDonald’s French Fries in Stepdaughter’s Face [Gawker]

Write-Offs

Write-Offs: 09.28.12

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Write-Offs

Write-Offs: 03.16.12

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