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October 28, 2021
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Original:

Write-Offs: 06.17.13

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$$$U.K. Prosecutors Likely to File Libor-Manipulation Charges [WSJ]

$$$Fitch: 'Unprecedented' China Bubble Forming [CNBC]

$$$America Falls Behind in Creating Rich Entrepreneurs [CNBC]

$$$For almost eight decades, many Swiss bankers had an easy job taking in often untaxed money from wealthy customers from around the world. Now, the country’s first female finance minister is changing the way Switzerland’s 300 banks are doing business. [Bloomberg]

$$$ The latest financial blow-up at Devils Arena Entertainment — a missed interest payment in April of nearly $3 million — has surprised those close to the once-proud NHL franchise. “How can you do a restructuring Dec. 31 and default in April?” the source said. “It’s astounding.” Devils Arena, which also operates the Prudential Center, the team’s home arena in Newark, owes lenders roughly $170 million. [NYP]

$$$Morris the Cat running for mayor of Mexican town [NYDN]

$$$Detroit default, restructuring plan break new ground: Moody's [Reuters]

$$$NYSE Takeover Clears Final Hurdle

$$$Swan Lake in a Kiddie Pool [Gawker]

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$$$ Obama Fundraiser Robert Wolf Leaving UBS [WSJ, related] $$$ Geithner defends U.S. response to 2008 Libor concerns [Reuters] $$$ This lender charges 204% for loans. [CNBC] $$$ No Jail Time for Cooperating Witness in Galleon Case [Dealbook] $$$ J.P. Morgan has a London employee whose name is Libor. [David Enrich] $$$ Did Fixing Libor Keep Financial Crisis From Getting Worse? [NetNet] $$$ US Postal Service Nears Its First Default [WSJ] $$$ Pedo-bear ruins Nestle's Facebook party [TA]