Write-Offs: 09.06.12
$$$JPMorgan Said To Face Escalating Senate Probe Of CIO Loss [Bloomberg]
$$$J.P. Morgan Names New Chief Investment Officer [Deal Journal]
$$$ Banks now like to do quarterly calls with bondholders [WSJ]
$$$ Some people still like big banks [Bloomberg]
$$$ FINRA is suing a test-prep firm for taking Series 7, etc., exams 64 times, failing 52 of those times, and memorizing the questions to tell their students [Reuters; the complaint is also amusing]
$$$[Harvard] Economics concentrator Ali E. Evans ’13 received his [Harvard Business School] acceptance email on Wednesday while sitting in class next to his roommates. He said he celebrated silently and texted his parents. Evans said he has visited classes at the Business School with his tutors at Kirkland House since sophomore year. "Leading my own company one day is definitely a goal of mine, and so business school definitely fits in with that plan," he said. [Crimson]
$$$ Pimco is looking for a diversity & inclusion coordinator in Newport Beach [DBCC]
$$$Qatar Imperils Big Merger of Commodity Companies [DealBook]
$$$ There's a new Kindle Fire and it's cheaper [WSJ]
$$$Citigroup, Goldman, UBS Sued Over Mortgage-Backed Bonds [Bloomberg]
$$$Goldman must face mortgage debt claims - 2nd Circuit [Reuters]
$$$ European political leader says "Some fans of group sex say that it’s better than one-on-one because, as with any collective work, you can skive off," is not Silvio Berlusconi [Telegraph]