Write-Offs: 08.07.12
$$$After Knight Loss, SEC Looks to Tighten Trading Controls [WSJ]
$$$Knight Is Said To Have Spurned $500 Million Citadel Loan [Bloomberg]
$$$Standard Chartered questions New York action [Reuters]
$$$ Gary Gensler wants to replace Libor with something transaction-based [NYT]
$$$ Former SIGTARP Neil Barofsky took questions at Gawker [Gawker]
$$$"Please explain your rationale for the rainbow." [BI]
$$$ Genworth financial is looking for a senior credit analyst in Stamford to cover private placements [DBCC]
$$$S&P Cuts Greece's Outlook to 'Negative' [CNBC]
$$$SkyBridge’s Scaramucci: Asia Is His Next Frontier [II]
$$$Facebook ventures into online gambling [FT]
$$$Gold Trove Found At Israel Castle Reveals Crusaders’ Forex Moves [Bloomberg]
$$$ The top floors of the Woolworth Building will apparently become luxury condos [NYT]