Write-Offs: 06.10.13
$$$ Apologising if he sounds “pompous”, Hester says the RBS job was something he took on as a “mission. I could have stayed out of the limelight at British Land but I wanted the challenge. Now I’ve taken it on, it commands all my focus.” Returning RBS to sustainable profitability and to private sector ownership will be the key measures of success. “I hate not winning, I hate it,” he says with a glimmer of passion. [FT]
$$$Investing the Downward Dog Way? Adviser Suggests Deep Breaths [WSJ]
$$$Lululemon CEO To Step Down [WSJ]
$$$A Rise in Requests From Brokers to Wipe the Slate Clean [Dealbook]
$$$Want Free Stanley Cup Tickets? Try Impressing This Craigslist Weirdo [Deadspin]
$$$These CDO Names Don't Cry 'Wolf' [WSJ]
$$$Nomura Not Scared by Its Ghosts [WSJ]