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]