Write-Offs: 09.14.12

$$$ As His Fraud Trial Opens, Ex-UBS Trader Is Accused of Brazen Gambling [DealBook] $$$ Thanks, Goldman, for Giving My Peers Their Lives Back [Bloomberg] $$$ FDIC’s Hoenig Wants Simpler Rules Than Basel III [Deal Journal] $$$ Occupy Wall Street's one-year anniversary demonstrations start tomorrow [The Awl] $$$ Hard-money types talk too much about the gold standard, not enough about the bacon standard [CNBC] $$$ "I'm kind of a Snooki fan. Look how tiny's she's gotten. She's lost weight. She's energetic. Just her spark-plug personality is kind of fun." - Mitt Romney [DI] $$$ TIAA-CREF is looking for an insurance wholesaling director in Boston [DBCC] $$$ Miller Says U.S. Should Issue Simplified Volcker Rule [Bloomberg] $$$ Private equity needs more strategic deals [Term Sheet] $$$ Home Depot is leaving China, "where cheap labor has stunted the do-it-yourself ethos and apartment-based living leaves scarce demand for products like lumber" [WSJ] $$$ Allocating Risk Through Contract: Evidence from M&A and Policy Implications [Harvard Law] $$$ Naked German monk found wandering Bavarian forest after tripping on some bad berries [NYDN]
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$$$As His Fraud Trial Opens, Ex-UBS Trader Is Accused of Brazen Gambling [DealBook]

$$$Thanks, Goldman, for Giving My Peers Their Lives Back [Bloomberg]

$$$FDIC’s Hoenig Wants Simpler Rules Than Basel III [Deal Journal]

$$$ Occupy Wall Street's one-year anniversary demonstrations start tomorrow [The Awl]

$$$ Hard-money types talk too much about the gold standard, not enough about the bacon standard [CNBC]

$$$ "I'm kind of a Snooki fan. Look how tiny's she's gotten. She's lost weight. She's energetic. Just her spark-plug personality is kind of fun." - Mitt Romney [DI]

$$$ TIAA-CREF is looking for an insurance wholesaling director in Boston [DBCC]

$$$Miller Says U.S. Should Issue Simplified Volcker Rule [Bloomberg]

$$$ Private equity needs more strategic deals [Term Sheet]

$$$Home Depot is leaving China, "where cheap labor has stunted the do-it-yourself ethos and apartment-based living leaves scarce demand for products like lumber" [WSJ]

$$$Allocating Risk Through Contract: Evidence from M&A and Policy Implications [Harvard Law]

$$$Naked German monk found wandering Bavarian forest after tripping on some bad berries [NYDN]

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Write-Offs: 08.15.12

$$$ Paul Singer wants Mitt Romney to regulate banks more [FT] $$$ JPMorgan, UBS Said Among Banks Queried In Libor Probe [Bloomberg] $$$ Apollo Said To Seek Up To $12 Billion For Flagship Fund [Bloomberg] $$$ Consider taking trading advice from a 23-year-old who day-trades equities in Dallas for his own account and talks about it with Business Insider [BI] $$$ Police Seize Pimping Rules During Raid [TSG] $$$ Shitterton named most unfortunate place name in UK [Scotsman] $$$ Legg Mason is looking for a US product strategist in Baltimore [DBCC] $$$ Standard Chartered eyes joint deal after backing down in U.S. [Reuters] $$$ Jana Disappointed With Agrium Talks [WSJ] $$$ The Harvard Business Review is pro-reading [HBR] $$$ Locals faced with medieval tax to pay for castle renovations [DutchNews] $$$ Lifeboats kill more people than they save [Brendan Koerner]

Write-Offs: 03.06.13

$$$ Holder: Big banks' size complicates prosecution efforts [The Hill] $$$ Stress Tests Seen Boosting U.S. Bank Shareholder Payouts [Bloomberg] $$$ February the strongest month ever for US buybacks [FTAV] $$$ E*Trade Exec Behind Talking Baby Leaves [Deal Journal] $$$ Anti-CNBC ad runs on CNBC [TBN] $$$ "Also, releasing a new version of a customer favorite like 'snackable chicken,' works well, says James O'Reilly, chief marketing officer for Sonic Corp. 'Consumers love to eat chicken in portable forms,' so Sonic introduced a spicy version of its Jumbo Popcorn Chicken for a limited time last month, he says." [WSJ] $$$ Eaton Vance is looking for a junior U.S. taxable fixed income analyst in Boston [DBCC] $$$ Tiger accelerator fund pounces back after early losses [AR] $$$ Football Investors Get 62% in Run Around Players on Transfer Bet [Bloomberg] $$$ Monte Paschi seeks 1.2 billion euros damages over derivatives [Reuters] $$$ Wallace Shawn ‘Fascinated and Shocked’ by Iran’s R.O.U.S Problem [DI] $$$ Tensions brewed, for instance, when she organized a golf-themed 21st-birthday party for a student at University of Virginia—under orders from his mother in Epsom, England. The mother, Lindsay Smart, says her son Henry was initially wary of the party plan, but "as it got nearer, I think he warmed to the idea." He directed her not to do anything "over the top," but otherwise gave little guidance on the event, which was for about 25 people. "We were trying not to treat him like he was 5 years old," Ms. Battani says. [WSJ]

Write-Offs: 11.20.12

$$$ Bernanke Says Fiscal Cliff Fix May Bring ‘Very Good’ Year [Bloomberg] $$$ The Feds Are Closing In on Steve Cohen [DI / Kevin Roose] $$$ How gaming Libor became business as usual [Reuters] $$$ Xstrata Shareholders Back Deal Without Retention Packages [WSJ] $$$ "Is it possible to build a jetpack using downward firing machine guns?” [What If?] $$$ An elite boutique M&A firm is looking for an analyst with 1-2 years of investment banking experience [DBCC] $$$ US banks warn on money transfer rule [FT] $$$ Here you will find smart people attempting to understand Nassim Nicholas Taleb without reading him [Deus Ex Macchiato] $$$ Map: Where the Emotionally Challenged Live [BBW] $$$ Mitt Romney Is at Disneyland, Doing His Thing [Gawker]

Write-Offs: 12.21.12

$$$ Lawsuits cast darker shadow over banks than Libor fines [Reuters] $$$ Majority of Wealthy Support Taxing Themselves: Poll [CNBC] $$$ NRA Calls for Armed Guards in Schools to Prevent Killings [Bloomberg] $$$ ICE Would Owe $750 Million if NYSE Deal Blocked [WSJ] $$$ Daily Intel is live-blogging the Mayan apocalypse [DI] $$$ That's it for us today. We'll be on a light schedule next week, and will see you back here full time on January 2nd. Happy holidays! $$$ BoNY Mellon is looking for a wealth management sales director in Boston [DBCC] $$$ Swaps ‘Armageddon’ Lingers as New Rules Concentrate Risk [Bloomberg] $$$ New York Fed: Progress Being Made in Improving Tri-Party Repo Sector [RTE] $$$ "[C]lass actions are more closely associated with unreliable disclosures than are SEC investigations. Moreover, stand-alone class actions appear more likely to result in settlements, and those settlements are of greater magnitude, than stand-alone SEC investigations, and officers are more likely to be terminated. Our findings cast doubt on the claim that SEC investigations are superior to class actions in targeting fraud and imposing sanctions on companies." [Harvard Law] $$$ "Plaintiff's counsel hereby gives notice he will not be available any time after December 21, 2012, due to the end of the world." [ATL]

Write-Offs: 08.28.12

$$$ Catalonia Asks Spanish Government for Emergency Funds [NYT] $$$ Asia's Tide of Cash Hems in Policy Makers [WSJ] $$$ Morgan Stanley Win On Brokerage Would Be Pyrrhic Victory [Bloomberg] $$$ Paulson Assures Bank of America in Call [WSJ] $$$ "When I asked a PE tax attorney if what Bain is doing is allowed, she told me that 'allowed' and 'not allowed' isn't always the right way to think about it." Tax lawyers! [Term Sheet] $$$ The CFA Institute comes out against Great Idea Corp. [Forbes] $$$ Shia LaBeouf Got Into Character for Upcoming Film by Dropping Acid On Set [Gawker] $$$ William Blair is looking for an experienced associate for its technology investment banking group in San Francisco [DBCC] $$$ S.E.C. Charges 8 With Insider Trading in Sanofi Deal [DealBook] $$$ ISM sells a low-latency feed of its business data to Reuters [MarketBeat] $$$ “There’s an idea that when a lawyer or law firms are going to get a big payment, that there’s something somehow wrong about that, just because it’s a lawyer. I’m sorry, but investment banks have hit it big, a lot bigger the plaintiffs’ lawyer firms have hit it big. They’ve hit it big many times.” This Law Blog story on the Grupo Mexico verdict is kind of amazing. [WSJ Law Blog] $$$ Wall Street Rocker Gary Marks Settles With SEC Over Whether Knew What He Was Talking About [NYO] $$$ "There were no workers that were forced to attend the event. We had managers that communicated to our work force that the attendance at the Romney event was mandatory, but no one was forced to attend the event." [Raw Story] $$$ Hitler clothing store in India asked to change name [JTA]

Write-Offs: 03.11.13

$$$ You can still drink big sodas [NYP] $$$ Bank compensation up in 2012 despite cutback efforts [Reuters] $$$ Morgan Stanley Set to Name Kaminsky Brokerage Vice Chair [FBN] $$$ Mary Schapiro Is Nominated to G.E. Board [DealBook] $$$ The life cycle of the investment banker [TED] $$$ City high-flier 'was called crazy Miss Cokehead by work bullies after she blew whistle on insider dealing' [DM] $$$ Brookfield Investment Management is looking for a global infrastructure securities analyst in Chicago [DBCC] $$$ Europe trading tax would kill repo market -industry official [Reuters] $$$ SAC Capital Manager’s Tipper Deserves Prison, U.S. Says [Bloomberg] $$$ "Long term shareholders are well served by activism" [Aswath Damodaran] $$$ "Callan hardly needs advice from me but I'll offer it anyway. She may want to consider that her lack of satisfaction with her life's direction is not a product of the choices she made. Instead, her choices may have been a product of her lack of satisfaction. In my experience, the kind of people who can rise to the level she did at a relatively early age tend to be filling a hole in their psyche, an indistinguishable yearning for something more that is experienced as a kind of pain." [NetNet / John Carney] $$$ Corey Robin went to school with Bill[y] Ackman [Corey Robin]

Write-Offs: 10.09.12

$$$ Goldman In Push On Volcker Limits [WSJ] $$$ Julius Baer May Cut More Than 1,000 Jobs After Merrill Deal [Bloomberg] $$$ Blackstone closes historic real estate fund on $13.3bn [PEI] $$$ Copenhagen IBOR has its own scandal [Macro Exposure, related] $$$ And State Street's Danish krone interest rate is negative 0.75% [Bloomberg] $$$ [Larry] Greenfield, who retired after a successful career at Opus Trading in Jericho, Long Island, says he would gladly trade his riches in exchange for finding a woman who meets his exacting standards: beautiful, thin, smart, Jewish, a sense of humor and from New York — but not an “alpha.” ... “I’m not a bad guy. I haven’t been to prison,” he said. “It’s just a very frustrating thing.” [NYP] $$$ Morgan Stanley is looking for a banking and cash management lawyer in Purchase, NY [DBCC] $$$ Imagine a country where challenging the ruling authorities — questioning, say, a piece of data released by central headquarters — would result in mobs of administration sympathizers claiming you should feel "embarrassed" and labeling you a fool, or worse. Soviet Russia perhaps? Communist China? Nope, that would be the United States right now, when a person (like me, for instance) suggests that a certain government datum (like the September unemployment rate of 7.8%) doesn't make sense. - Jack Welch [WSJ] $$$ Jack Welch ‘100%’ Right, Jobs Data Are Wrong: Trump [CNBC] $$$ The Private Equity Wizardry Behind Realogy’s Comeback [DealBook] $$$ "Savoring a long lunch after a morning tending to baby quince and pear trees, the French Senate's 78 gardeners are blissfully untouched by the economic crisis gnawing at Europe's core." $$$ Definitive Proof Rose And Jack Could Have Survived TOGETHER [BuzzFeed]

Write-Offs: 09.27.12

$$$ Banks’ M&A earnings drop to Lehman low [FT] $$$ 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]