Write-Offs: 04.29.13

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$$$Ratings Firms, Morgan Stanley to Pay $225 Million [WSJ]

$$$Santander's Embattled CEO Quits [WSJ]

$$$Herbalife says results will prove Ackman wrong [Reuters]

$$$Level Global to Pay $21.5 Million to Settle S.E.C. Case [Dealbook]

$$$ Owners of fashion-forward fidos in Manhattan's toniest neighborhood are starting to beg groomers for temporary tattoos — reflecting a burgeoning international interest in dog body art, industry insiders tell DNAinfo.com New York. And the key player turning on tail waggers' masters to the idea is Jorge Bendersky, a celebrity dog groomer whose clientele hails mainly from the Upper East Side. The tattoos are especially popular among owners of short-haired dogs, he explained. "In the summer, they cut the dogs' hair short, so you've got to supplement the glamour," he said. "Having no hair is no excuse not to be glamorous." [DNAI]

$$$Paulson Reinsurer Lags Peers in Sales in First Year [Bloomberg]

$$$Switzerland Shorn of Bankers Proves Industrial Juggernaut [Bloomberg]

$$$All-Day Breakfast May Be in Our Future: McDonald's CEO [CNBC]

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