Write-Offs: 09.11.12
$$$ Goldman will console itself for its lost $20mm El Paso merger fee with its $220mm profit on the other side of the deal [Dealpolitik]
$$$ "What's more, they tend to finance long-term mortgage securities with short-term repo. Typically they borrow from banks for 60-90 days and just roll their loans. Banks don't have to use much capital for securitized short-term loans, so they generally extend credit lines to REITs with no trouble." That sounds great [Sober Look]
$$$ Jamie Dimon said some Dimony things today [DealBook]
$$$ Mark Zuckerberg wrote the founder's letter in the Facebook S-1 on his phone [SAI]
$$$ Kevin Roose went to TechCrunchDisrupt conference, disrupted it [DI, also, also]
$$$ Brown Brothers Harriman is looking for a banking analyst in Philadelphia [DBCC]
$$$Moody's Cautions of Possible U.S. Downgrade in 2013 [WSJ]
$$$Integrating Banks Spurs Last-Minute Fears in Europe [NYT]
$$$ "A South Carolina woman said she was shocked to discover her ex-boyfriend from 12 years ago has been living in her attic." [UPI]
$$$ There may be a jaguar on the prowl in East Hampton [EH Patch via DI]