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

$$$ Euro Zone Economy Shrinks, Darkening Outlook [WSJ] $$$ Greece seeks two-year austerity extension [FT] $$$ Knight Upgrade Triggered Old Trading System, Big Losses [WSJ] $$$ Goldman executives win dismissal of mortgage, TARP lawsuit [Reuters] $$$ Reservoir poised to seed ex-Goldman trader Buck Ratchford with $200M+ [AR-Alpha, related] $$$ You should really be drinking more at work [Economist] $$$ United Airlines Lost My Friend's 10 Year Old Daughter And Didn't Care [Bob Sutton] $$$ A Chicago hedge fund is looking for a senior quantitative strategist to develop commodity futures high frequency trading strategies [DBCC] $$$ In Ski-Resort Bankruptcy, FDIC Tries Role of Lender [WSJ] $$$ Steve Cohen, George Soros Purchased Facebook Shares [Deal Journal] $$$ Rakoff better able to review SEC-Citigroup pact [Reuters] $$$ BATS Proposes Plan to Offer Discounts on Retail Orders [Reuters] $$$ Biden Says Romney Would Put Middle Class ‘Back In Chains’ [Bloomberg] $$$ The head of Hungary's far-right anti-Semitic party found out he's Jewish [AP]

$$$ Markets Cheer Europe Plan, Await Details [WSJ] $$$ Merkel Secures Vote for Euro Treaties [Der Spiegel] $$$ Icahn Takes Aim at Forest Lab’s Succession Plan [DealBook] $$$ Area man has no name, big idea: don't let poor people vote [NetNet / John Carney] $$$ [Mike Tyson] raised a few eyebrows when he tweeted: "Holyfield's ear would've been much better with his new BBQ sauce." Holyfield had used the social media forum to promote his new Real Deal BBQ Sauce on Twitter earlier in the day. "My realdealbbqsauce.com will make you take a bite out of someone's ear! Ask Mike Tyson – Luv ya bro!" [NYDN] $$$ Citi's alternative asset management platform Citi Capital Advisors is looking for an associate-level research analyst for its event-driven fund [DBCC] $$$ Counterparties feel effect of bank downgrades [FT] $$$ AB InBev, Modelo in $20.1 Billion Deal [WSJ] $$$ RIM’s Plunge Adds Pressure To ‘Sell, Break Up Or Die’ [Bloomberg] $$$ Gary Maggetti, general manager of food and beverage at [Disney theme park] California Adventure, says the chili cones are part of an effort by the world’s largest theme park operator to create dining options as special as its rides. Consumers, he says, are looking for “signature items that create unique food memories.” [BW]

$$$ Instead Of Doing His Job, Jeroen Dijsselbloem Has Given Us A Glimpse Of The Euro 'End Game' [BI] $$$ Paul Krugman thinks Cyprus should leave the Euro [NYT] $$$ RBS Split Not Ruled Out [WSJ] $$$ "Big Bank CEOs Must Rally Against Breakup Talk" [AB] $$$ "Texas, the Germany of America." [WaPo] $$$ Aspiring Model Scores State-Funded Boob Job After Convincing Doctor Her Flat Chest Was Causing Her ‘Emotional Distress’ [Gawker] $$$ Global pool of triple A status shrinks 60% [FT] $$$ Denmark Reviews Bail-In Law as ‘Terrorists’ Shape Banking [Bloomberg] $$$ Two Charged in Insider-Trading Case [WSJ] $$$ How the ‘London Whale’ trade could have been stopped [RWC&G] $$$ Ranking All 27 Seasons of The Real World [Vulture] $$$ Trump loses fight against wind farm [FT]

$$$ Google Shares Fall on Premature Earnings [WSJ] $$$ Google and the send button ... [footnoted] $$$ "To be fair, we released our earnings yesterday afternoon on Google Plus." [@PendingLarry via Deal Journal] $$$ Smallest Stock Traders Hardest Hit as Commissions Decline [Bloomberg] $$$ Blackstone Swings to Profit of $622 Million in 3rd Quarter [DealBook] $$$ "Americans who say they work 75 hours a week tend to be exaggerating by 25 hours." [Qz] $$$ BlackRock is looking for a Sales Training Program Manager for their iShares division in San Francisco [DBCC] $$$ Sprint Nextel assumes majority stake in Clearwire [Reuters] $$$ In Insider Trading Case, Drawing In David Ganek [DealBook] $$$ Ex-GE Bankers Jailed in Rigged Muni Bond Case [CNBC] $$$ William Cohan on Greg Smith: "He conned Grand Central Publishing, which paid him a reported $1.5 million for his 'tell-all' book about how the culture at Goldman Sachs had deteriorated during his 12-year tenure into something he no longer recognized, when really Goldman has always been a stinging scorpion. (Disclosure: my wife is the editor-in-chief of Grand Central Publishing, although she had nothing to do with editing Smith's book, and neither of us has read it.)" [Bloomberg] $$$ Republicans Pulling Money Out of Soup Kitchen Where Paul Ryan Pretended to Wash Dishes [DI]

$$$ Alcoa Swings to a Profit [WSJ] $$$ SAC Capital Said to Raise Portfolio Managers’ Bonuses [Bloomberg] $$$ Titan's taste for small funds seen behind its SAC exit [Reuters] $$$ Dimon Leaves New York Fed Board as His Term Ends [DealBook] $$$ What The Simpsons Taught Us About the Dangers of a Trillion-Dollar Platinum Coin [DI] $$$ An investment manager is looking for a senior portfolio analyst in Seattle [DBCC] $$$ Dealpolitik: How AIG Board Works Its Way Out of the Hot Seat [Deal Journal] $$$ Lawmakers Warn A.I.G. Not to Join Lawsuit Against U.S. [DealBook] $$$ Why AIG Suing America Isn't as Crazy as You Think [NetNet / John Carney] $$$ Clearwire Receives $5.15 Billion Buyout Bid from Dish [WSJ] $$$ Oregon Man Arrested for Choking Girlfriend With His Own Dreadlocks [Gawker]

$$$ Pierre-Henri Flamand is closing his event-driven hedge fund Edoma because there are no events [WSJ] $$$ Global Regulators to Cut List of Too-Big-To-Fail Banks to 28 [Bloomberg] $$$ Wells Seeks Mortgage-Suit Dismissal, Citing Redundancy [WSJ] $$$ Bloomberg endorses Obama [Bloomberg View] $$$ So does Whitney Tilson [BBW] $$$ Obviously there is a Harvard Business School Gangnam Style video [YouTube] $$$ The SEC is looking for a graphic artist / web designer in DC [DBCC] $$$ "Bernanke Depression Guru Seeks Roosevelt Well-Being" [Bloomberg] $$$ "The guide's popularity offers a glimpse into the world of aspiring management consultants" [WSJ] $$$ "Over the last 60 years, poll questions that asked people which candidate they expected to win have been a better guide to the outcome of the presidential race than questions asking people whom they planned to vote for." [NYT] $$$ Yield is the Last Refuge of Scoundrels [Aleph Blog] $$$ Cory Booker Not Taking Hot Pocket Crisis Seriously [DI]

$$$ Ex-UBS Traders Offered Deal by U.S. in Rate Probe [WSJ] $$$ The history of the invention of Libor [Reuters] $$$ British MPs accuse US of anti-City agenda [FT] $$$ Why investors should avoid hedge funds [Reuters / Felix Salmon] $$$ "Brazilian central bank employees staged their first work stoppage in five years today ... demanding an average pay increase of 23 percent to compensate for inflation since June 2008." [Bloomberg via Slate] $$$ Pole Vaulter Realizes It’s Not His Day As His Pole Shatters Mid-Vault [Deadspin] $$$ J.P. Morgan is looking for a Java developer to work on interest rates derivatives pricing [DBCC] $$$ Carbon Credits Gone Awry Raise Output of Harmful Gas [NYT] $$$ "I propose an expanded system of company registration under which companies would have to trade in private markets for a seasoning period, with mandatory disclosure, before they would be allowed to sell their shares to the public at large." [Harvard Law] $$$ On retail vs. institutional investors: "As for small investors vs. little guys, there’s a difference. If you have enough money that you’re investing it through brokers, I personally don’t count you as small, even if you appear small to Goldman Sachs." [Mathbabe] $$$ A Hundred Horses Are Ford’s Pride After Flipping Tainted Banks is really a Bloomberg headline [Bloomberg] $$$ Beck's next album will be released only as sheet music [McSweeney's]