Write-Offs: 10.30.12

Author:: Dealbreaker
Updated:: Jan 14, 2019
Original:: Oct 30, 2012

$$$NYSE Expects Trading Floor to Be Ready to Open Wednesday [WSJ]

$$$ Goldman Sachs offering water, charging stations for residents of Battery Park City [GS]

$$$Gary Cohn expects to see you all tomorrow: "In New York, a lot of our people live in Lower Manhattan and I would consider them to be within walking distance to our building. We also have a large portion of employees in Battery City. We're confident we can get a lot of people to work. We're working on contingency plans right now on how to move people logistically are around the city...The clients that really need people in the building are more of the trading clients. The securities division personnel, the sales and trading personnel are those that will be our number one priority to get into the building. And once you bring in the sales and trading people, then you need to bring in your back office, your support, technology support, and payments and settlements." [Bloomberg TV]

$$$NYC transit crippled after storm; No one knows when New York's subway will reopen [NYP, The Atlantic]

$$$UBS to Cut 10,000 Jobs in Major Overhaul [DealBook, earlier]

$$$Behind the Inscrutable Mien, Clues to Merkel’s Methods [NYT]

$$$ Shashank Tripathi, Last Night’s Twitter Villain @ComfortablySmug [gofwd]

$$$ Chris Christie may reschedule Halloween [SFGate]

$$$That's it for us today. We'll see you back here tomorrow. Stay safe!

$$$ Pimco is looking for a portfolio compliance analyst in Newport Beach [DBCC]

$$$Supervalu May Be Just That [WSJ]

$$$ "The opportunities for private equity houses to do dividend recaps will be restricted next summer as European legislation comes into force." [PEI]

$$$The Federal Reserve’s Response to the Financial Crisis: What It Did and What It Should Have [St. Louis Fed]

$$$Haldane, Occupy, and the path to reform [FTAV]

$$$InstaSnopes: Sorting the Real Sandy Photos From the Fakes [Atlantic]

$$$ S&P 500 Breaks Record [WSJ] $$$ M&A Stumbles Amid March Deal Drought [Bloomberg] $$$ An interview with Athanasios Orphanides: What happened in Cyprus [Economist] $$$ Sarkozy: from the Elysée to private equity [FT] $$$ Embattled DOE-Grant Recipient Changes Name from A123 to B456 [WFB] $$$ Posting will be light tomorrow for Good Friday. Enjoy the holiday; we'll see you back here on Monday. $$$ Dell paying Blackstone's bills [Fortune] $$$ Investors sue RBS over 2008 rights issue [FT] $$$ REITs Trigger Fed Warning as Kain Tops $100 Billion [Bloomberg] $$$ Citi Sails Back Into 'Synthetic' Securities [WSJ] $$$ New York Is ‘By Far the Least Free State’ in America, According to Some People [DI] $$$ THE OTHER SIDE OF THE GITMO STRIKE: Detainees Are Treated Absurdly Well Compared To Business Insider Reporters [BI]

$$$ U.K. Loses Top Aaa Rating From Moody’s as Growth Weakens [Bloomberg] $$$ Panic-driven austerity in the Eurozone and its implications [VoxEU] $$$ Judge extends freeze on account linked to Heinz trades [Reuters] $$$ "I asked ... if Citigroup had a policy of providing financial incentives to senior executives to encourage them to seek high-level federal jobs." [Bloomberg] $$$ "The bankrupt city of San Bernardino has hired a new city manager who, according to court filings, has twice declared personal bankruptcy ..." [Reuters] $$$ Pope Also Abandoning 1.5 Million People on Twitter [DI] $$$ Macquarie is looking for a structuring and risk management analyst for its energy markets division in Houston [DBCC] $$$ “Herbalife is bound by our self-regulatory code that prohibits [crimes]. Obviously, they wouldn’t be members of the association if we believed they were in violation.” [DealBook] $$$ Societe Generale planning CVA securitisation [Reuters] $$$ Don't Fix It, Call It a Risk Factor! [Credit Slips] $$$ Ex-SEC officials to risk council: Back off on money funds [Reuters] $$$ Resume includes "Drug dealer 2003-2005 small time supplier" [Gawker]

$$$ You can still drink big sodas [NYP] $$$ 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]

$$$ Facebook to List on Nasdaq [WSJ] $$$ Egan-Jones Cuts US Credit Rating to 'AA,' Citing Debt [CNBC] $$$ Swiss Are Tested on Franc [WSJ] $$$ Jefferies Ends First Quarter With Short Position on Spain [Bloomberg] $$$ ABS shows Greek bonds can pay par [IFR] $$$ Hyenas Give Up Scavenging For Lent [LiveScience via The Hairpin, related?] $$$ Like the NYSE, we’ll be off tomorrow. Enjoy the long weekend and we'll see you Monday. $$$ Jobs News Could Be So Good That It's Bad. Or vice versa? [WSJ] $$$ Architect of Fed’s ‘Operation Twist’ quits [FT] $$$ Kozlowski Is Turned Down for Parole [DealBook] $$$ The Vulcan/Martin Marietta takeover fight is pretty nasty [Dealpolitik] $$$ Why You Should Learn to Love Pink Slime [The Atlantic / Adam Ozimek] $$$ Beer is not the main cause of the the beer belly [Guardian]