Write-Offs: 10.15.12
$$$A Nobel Prize for Market Design [Digitopoly via @Counterparties]
$$$Study shows $1.2 trillion gap for public pensions [Reuters]
$$$RBS Said to Suspend European Rates Trading Head on Libor [Bloomberg]
$$$Softbank to Buy Sprint Nextel for About $20 Billion [WSJ]
$$$ "The study's results identified three factors that groups with high team intelligence possess: The ability of group members to read and respond to social cues; The proportion of women in the group (women tend to do better on social perception tests); Evenly distributed conversational turn-taking, rather than dominance by a few members." [HBR]
$$$Paul Ryan Scrubs Already Washed Soup-Kitchen Pots Because That’s How Much He Cares [DI]
$$$ A top investment bank is looking for a director-level global markets risk senior manager in New York [DBCC]
$$$Goldman Names Bayo Ogunlesi to Its Board [DealBook]
$$$Basel liquidity rules and their impact on the interbank money market [VoxEU]
$$$ "Squirrels don’t lobby Congress, when the ranger decides to burn down the bit of the forest where their acorns are buried. Banks and their creditors are unlikely to take 'controlled burns' of their institutions so stoically." [interfluidity]
$$$ This is an amusing story about a research analyst screwing up a model to show a covered company needing $500mm of capital instead of the correct $50mm [Integrity Research Watch]
$$$Koch brothers’ company encourages employees to vote for Romney in mass mailing [NYDN]