Write-Offs: 11.21.12

$$$ UBS’s Orcel Says Investment Bank Revamp Will Take Up to 5 Years [Bloomberg] $$$ American Banks Actually Are Lending Again — to Europe [NetNet] $$$ Brevan Howard on Hiring Spree Makes Comeback in New York [Bloomberg] $$$ Hostess Has Seen 'Flood' of Interest in Its Brands, Lawyer Says [WSJ] $$$ The surprising correlation between a turkey and a short-gamma trader [Peter Brandt] $$$ Fox News Pundit Finds the Silver Lining of Having Almost No Money for Food [DI] $$$ That’s it for us today. Happy Thanksgiving. We hope you all have a great holiday. There will be brief posting/moral support for those working on Friday, and we'll see the rest of you back here on Monday $$$ A New York hedge fund is looking for an experienced quantitative strategist to join their equities team [DBCC] $$$ Senator Warner says deficit talks to be different this time [Reuters] $$$ Olam launches Muddy Waters libel case [FT] $$$ "[CNBC's] audience does not consists mainly of the very rich; rather, it’s the 1 percent wannabees, who imagine that watching many hours of talking heads will somehow let them absorb the secrets of getting rich." [Paul Krugman] $$$ "Fehr and colleagues found that, in one-shot encounters where employment contracts were struck, 51% of principals exploited agents. 'The Marxian idea that power can be used for exploitation is real' they conclude." [Stumbling and Mumbling] $$$ A Very Dramatic Reading of Francisco Dao's Tale of Startup Failure [The Awl] $$$ The co-writer of The Empire Strikes Back will write one of the new Star Wars movies [Hollywood Reporter]
Author:
Updated:
Original:

$$$UBS’s Orcel Says Investment Bank Revamp Will Take Up to 5 Years [Bloomberg]

$$$Brevan Howard on Hiring Spree Makes Comeback in New York [Bloomberg]

$$$How Jim Chanos Spotted the HP Scandal [John Carney / NetNet]

$$$ Olam Sues Muddy Waters’ Block After Accounting Questions; "Muddy Waters doesn’t yet have a copy of the complaint, Zach Kouwe, an external spokesman, said by phone today." [Bloomberg]

$$$The surprising correlation between a turkey and a short-gamma trader [Peter Brandt]

$$$Fox News Pundit Finds the Silver Lining of Having Almost No Money for Food [DI]

$$$That’s it for us today. Happy Thanksgiving. We hope you all have a great holiday. There will be brief posting/moral support for those working on Friday, and we'll see the rest of you back here on Monday

$$$ A New York hedge fund is looking for an experienced quantitative strategist to join their equities team [DBCC]

$$$Senator Warner says deficit talks to be different this time [Reuters]

$$$American Banks Actually Are Lending Again — to Europe [NetNet]

$$$ "[CNBC's] audience does not consists mainly of the very rich; rather, it’s the 1 percent wannabees, who imagine that watching many hours of talking heads will somehow let them absorb the secrets of getting rich." [Paul Krugman]

$$$ "Fehr and colleagues found that, in one-shot encounters where employment contracts were struck, 51% of principals exploited agents. 'The Marxian idea that power can be used for exploitation is real' they conclude." [Stumbling and Mumbling]

$$$A Very Dramatic Reading of Francisco Dao's Tale of Startup Failure [The Awl]

$$$ The co-writer of The Empire Strikes Back will write one of the new Star Wars movies [Hollywood Reporter]

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Write-Offs: 06.18.12

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Write-Offs: 09.17.12

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Write-Offs: 06.15.12

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Write-Offs: 09.18.12

$$$ The ECB's unlimited bond buying may be limited to already outstanding bonds [FTAV] $$$ Fed Officials Weigh In On Central Bank's Action [WSJ] $$$ Fannie Mae Pays Banks $1.5 Billion So It Can Fire Them [HuffPo] $$$ Terrorists may or may not have slowed down Bank of America's website [Reuters] $$$ Pimco’s QE3 Distaste Grows as Peso Bond Bet Fades: Mexico Credit [Bloomberg] $$$ Fake Bloomberg Headlines [Twitter] $$$ TIAA-CREF is looking for a manager for asset allocation and investments in New York [DBCC] $$$ Court allows Greenberg suit to proceed over AIG bailout [Reuters] $$$ Lehman Sues J.P. Morgan Over Derivatives Claims [WSJ] $$$ The new mortgage-backed security in a renter's world [Fortune] $$$ Alibaba Completes $7.6 Billion Repurchase of Yahoo Stake [Bloomberg] $$$ Is This Guy A Member Of Maroon 5? [BF]