September 24, 2021

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

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News

Write-Offs: 07.30.12

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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

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Write-Offs

Write-Offs: 09.28.12

$$$ Spain Banks Have $76 Billion Capital Deficit in Stress Test [Bloomberg] $$$ How Bernanke Pulled the Fed His Way [WSJ] $$$ The economics of video games [Wonkblog] $$$ Scaramucci Picking Singapore Shows City as Hot Spot [Bloomberg] $$$ "SocGen’s Alberts concedes that his writing can be 'pretty insane' and his market timing 'unerringly inaccurate.'" CNBC's headline is "Bernanke’s ‘Ruinous’ QE Will Lead to Rapid Inflation: SocGen’s Albert Edwards" [CNBC] $$$ 'Cocaine For Snowblindness': What Polar Explorers Packed For First Aid [NPR] $$$ AIG is looking for a credit analyst in New York [DBCC] $$$ Mortgage lending should provide a tailwind to bank earnings [Reuters] $$$ Ex-analyst at unit of Cohen's SAC Capital admits insider trading [Reuters] $$$ Global regulators follow UK’s Libor lead [FT] $$$ What Your Beer Says About Your Politics [Hotline] $$$ From King’s Daughter to Lowly Fishmonger: Lisa Marie Presley Is Selling Fish and Chips out of the Back of a Van [Gawker]

Write-Offs

Write-Offs: 03.16.12

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