Write-Offs: 08.17.12

$$$ Goldman independent research arm dies, shunned by clients [Reuters] $$$ Moody's to review ratings on California Cities [WSJ] $$$ Greece Close To Slashing Billions In Costs [Reuters] $$$ Manhattan’s 15 Central Park West Fuels Ultra-Luxury Condo Surge [Bloomberg] $$$ Paul Ryan's Randianism [The Economist] $$$ New Hedge Funds Abound, Despite Tepid Industry Performance [Dealbook] $$$ "I certainly would not want to be married to somebody that can't win championships," Vanessa Bryant said in an upcoming issue of New York Magazine. "If you're sacrificing time away from my family and myself for the benefit of winning championships, then winning a championship should happen every single year." [LA Times] $$$ Teenager successfully uses fake ID with picture of cartoon character to buy alcohol at six different shops [DM] $$$ ‘Moles’ Gave Hedge-Fund Manager Whitman Tips, U.S. Says [Bloomberg] $$$ Hackers target hedge funds [AR] $$$ The Perils And Pleasures Of An Outdoor Shower In The City [NYT]

Author:: Dealbreaker
Updated:: Jan 14, 2019
Original:: Aug 17, 2012

$$$Goldman independent research arm dies, shunned by clients [Reuters]

$$$Moody's to review ratings on California Cities [WSJ]

$$$Greece Close To Slashing Billions In Costs [Reuters]

$$$ Manhattan’s 15 Central Park West Fuels Ultra-Luxury Condo Surge [Bloomberg]

$$$Paul Ryan's Randianism [The Economist]

$$$New Hedge Funds Abound, Despite Tepid Industry Performance [Dealbook]

$$$ "I certainly would not want to be married to somebody that can't win championships," Vanessa Bryant said in an upcoming issue of New York Magazine. "If you're sacrificing time away from my family and myself for the benefit of winning championships, then winning a championship should happen every single year." [LA Times]

$$$ Teenager successfully uses fake ID with picture of cartoon character to buy alcohol at six different shops [DM]

$$$‘Moles’ Gave Hedge-Fund Manager Whitman Tips, U.S. Says [Bloomberg]

$$$Hackers target hedge funds [AR]

$$$The Perils And Pleasures Of An Outdoor Shower In The City [NYT]

$$$ Gawker acquires semi-public audited financials of Bain Capital funds, orgasms all over them [Gawker, related] $$$ Bain Capital's conversion of management fees into carry may have been tax aggressive [Victor Fleischer] $$$ Republicans eye return to gold standard [FT] $$$ New York Fed Sells Last of AIG Bonds, at a Profit [WSJ] $$$ "Hedge Funds, Grimacing, Open the Kimono" [Bloomberg] $$$ BlackRock would like to hire a securities lending accounting associate in San Francisco, if that's your cup of tea [DBCC] $$$ The Downsizing of the American Butler [CNBC] $$$ What's up with Best Buy? [DealBook] $$$ Citi passed its make-up stress test [Reuters] $$$ Seven-Year-Old Wins Iceland Ram Groping Contest [Iceland Review via MR]

$$$ Hedge Fund Manager Found Guilty of Insider Trading [DealBook] $$$ Citi chief rejects calls for bank splits [FT] $$$ E.C.B. Rejects Speculation About Its Bond-Buying Intentions [NYT] $$$ Condoleeza Rice and Darla Moore became the first women admitted to Augusta National [USAT] $$$ Apple Market Value Hits Record High $$$ Kansas lawmaker apologizes for nude Sea of Galilee swim [AP] $$$ Morgan Stanley is looking for an anti-money-laundering due diligence manager in New York [DBCC] $$$ Banks Use $1.77 Trillion To Double Treasury Purchases [Bloomberg] $$$ UBS Seeing Moat Of Secrecy Run Dry Vows Results To Lure Wealthy [Bloomberg] $$$ "Inspired by Google’s PageRank, the authors of a new paper create DebtRank, a measure of connection centrality. The vertical axis in the following diagram shows DebtRank (centrality) the horizontal axis asset shows size relative to the total network and the color indicates fragility/leverage. Institutions such as Wachovia, RBS and Barclays were relatively small but because of their centrality and fragility they imposed big risks on the system." [MR] $$$ Would it be better if analysts started earnings call Q&As by saying "terrible quarter, guys"? [Overheard]

$$$ Goldman not negligent in arranging Dragon sale - jury [Reuters, earlier] $$$ Kashkari to Leave Pimco, Enter Politics [WSJ] $$$ Apple Earnings Top Forecast but Revenue Falls Short [CNBC] $$$ What Is Business Borrowing For? [Slack Wire] $$$ We Must Build An Enormous McWorld In Times Square, A Xanadu Representing A McDonald's From Every Nation [The Awl] $$$ A global financial firm is looking to add an experienced prepayment modeler to their quantitative team in New York [DBCC] $$$ KKR Agrees to Buy 25% Stake in Hedge Fund Nephila Capital [Bloomberg] $$$ Goldman seeks to block shareholder vote on independent chairman [Reuters] $$$ Pemex Snaps Mexico’s Bond Sale Drought With $2 Billion Offering [Bloomberg] $$$ ‘Inigo Montoya’ shirt upsets travelers, leads to awkward flight [Yahoo News]

$$$ Fed Extends Twist, Signals Concerns [WSJ] $$$ 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]

$$$ Manufacturing Slowdown Reaches U.S. [WSJ] $$$ Eurozone unemployment hits record high [FT] $$$ The Fishing Guide Who Hooked Hedge-Fund Titan Bill Ackman [Forbes] $$$ Finns, Dutch cast first doubt on euro zone deal [Reuters] $$$ Old Mitt’s Investment in a Fetus-Disposal Company Is Not a Great Thing for New Mitt [DI] $$$ Morgan Stanley is looking for an executive director to manage its Latam FX options market-making book [DBCC] $$$ JPMorgan Tightens Bond Grip As Whale Loss Weighs [Bloomberg] $$$ Esma probes agencies’ views on banks [FT] $$$ Physicists Inch Closer to Proof of Higgs Boson [NYT] $$$ Justin Bieber Graduates High School [NYT]

$$$ Euro Zone Economy Shrinks, Darkening Outlook [WSJ] $$$ Greece seeks two-year austerity extension [FT] $$$ Knight Upgrade Triggered Old Trading System, Big Losses [WSJ] $$$ Goldman executives win dismissal of mortgage, TARP lawsuit [Reuters] $$$ Reservoir poised to seed ex-Goldman trader Buck Ratchford with $200M+ [AR-Alpha, related] $$$ You should really be drinking more at work [Economist] $$$ United Airlines Lost My Friend's 10 Year Old Daughter And Didn't Care [Bob Sutton] $$$ A Chicago hedge fund is looking for a senior quantitative strategist to develop commodity futures high frequency trading strategies [DBCC] $$$ In Ski-Resort Bankruptcy, FDIC Tries Role of Lender [WSJ] $$$ Steve Cohen, George Soros Purchased Facebook Shares [Deal Journal] $$$ Rakoff better able to review SEC-Citigroup pact [Reuters] $$$ BATS Proposes Plan to Offer Discounts on Retail Orders [Reuters] $$$ Biden Says Romney Would Put Middle Class ‘Back In Chains’ [Bloomberg] $$$ The head of Hungary's far-right anti-Semitic party found out he's Jewish [AP]

$$$ J.C. Penney Ousts Ron Johnson, Rehires Myron Ullman [WSJ] $$$ Capital markets: Is Citi the new golden child of Wall Street? [Euromoney] $$$ White Confirmed as SEC Chairman [WSJ] $$$ A.I.G. Seeks to Bar Greenberg From Suing U.S. on Its Behalf [DealBook] $$$ David Stockman's dystopia [Fortune] $$$ Wrestling’s Private Equity Champion [DealBook] $$$ Google Glass Already Being Banned from Strip Clubs [BetaBeat] $$$ The Fine Line Between Political Intelligence and Insider Trading [DealBook] $$$ Hedge Funds Wagering on Fannie Reincarnation [Bloomberg] $$$ As Deadline Looms, Few Companies Sign Up to Trade Swaps [WSJ] $$$ Costs of derivatives clearing stack up for buy-side [Reuters] $$$ Volcker: Central banks are too aggressive [CNN] $$$ Market Crash Likelihood Goes Up If Stocks Continue to Rally: Marc Faber [CNBC] $$$ Science proves women like men with bigger penises [NBC]

$$$ Banks’ M&A earnings drop to Lehman low [FT] $$$ Spain's crisis budget aims at spending cuts not tax rises [Reuters] $$$ There isn't really a Spanish deposit flight [FTAV] $$$ SEC Charges Investment Bank Analyst with Illegally Tipping College Friend About Nonpublic Merger Deals [SEC] $$$ Lawyer for Ex-Goldman Programmer Criticizes Prosecutors and Firm [DealBook] $$$ "Hedge Fund Pivot Joins BTG to Defy Bacon’s Investment Desert" is a real Bloomberg headline [Bloomberg] $$$ Canada cheese-smuggling ring busted [BBC] $$$ TCW is looking for a credit analyst in LA [DBCC] $$$ RIM's Earnings Beat Expectations; Shares Up 16% [WSJ] $$$ Geithner Urges an Overhaul of Rules on Money Market Funds [DealBook] $$$ SEC’s Gallagher Calls for Floating Price for Money Market Funds [Bloomberg] $$$ Mortgage rates are at all-time lows [CR] $$$ Houses on "Places" cost more than houses on "Streets" [Atlantic Cities] $$$ This happened [Twitter]