Write-Offs: 06.06.13

Author:: Dealbreaker
Updated:: Jan 14, 2019
Original:: Jun 6, 2013

$$$For two hedge funds, SAC redemptions hit close to home [Reuters]

$$$Dell Shareholders Urged to Vote No by Icahn [WSJ]

$$$Lloyd Blankfein’s Horatio Alger Story for New Graduates [Dealbook]

$$$Despite Tax Rules, Companies Stick With U.S. [Dealbook]

$$$ Internal Revenue Service officials on Thursday tried to tame another scandal plaguing the agency, apologizing to lawmakers for a lavish 2010 conference in California that included an elaborate Star Trek spoof training video. "After I saw the production, I fully regretted it," said Faris Fink, the IRS small business commissioner who played the character Spock in the Star Trek parody that included a tax-themed skit. "It's embarrassing." [Reuters]

$$$SAC Capital's New Problem: Underperforming the Market [CNBC]

$$$Regulators Sue Prediction Site, Allege Illegal Options [WSJ]

$$$Cat Caught Smuggling Cell Phones Into Russian Prison [HP]

Gross takes a hit; Point72 hires ex-prosecutor; How the top 10 hedge fund managers spend their money (on politics); "Decathlete uses javelin to pull daughter's tooth"; and more.

FED; FED; FED; FED; You Can Worship 'Star Wars' At This Movie-Themed Church Service; and more.

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