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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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$$$ Facebook Falls To Record As Lockup End Frees Shares [Bloomberg] $$$ Best Buy Founder Presses Case for Takeover Talks [DealBook] $$$ Hall Of Fame Football Coach Donnan Accused In Ponzi Scheme [Bloomberg] $$$ Dealpolitik: Muddied Waters Complicate Focus Media Buyout [Deal Journal] $$$ “Struck By Blow Dart”: A Brief Index Of Recent Terrible Events Involving Joggers [Deadspin] $$$ Macquarie Capital is looking for a restructuring and M&A vice president in New York, if you're available [DBCC] $$$ BlackRock Tiptoes Into Spain's Sovereign Debt [WSJ] $$$ Bain Capital was good at investing when Mitt Romney ran it [PEHub] $$$ Romney Says He Paid at Least 13% Taxes for 10 Years [CNBC] $$$ New Ray Gun Used to Fight High Sea Pirates [CNBC]

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