Write-Offs: 09.18.13
$$$Fed Stands Pat On Bond Buying [WSJ]
$$$This morning Goldman Sachs Chief Executive Lloyd Blankfein once again highlighted the close relationship between his firm and embattled hedge fund SAC Capital. “They’ve been indicted, they haven’t been convicted,” Blankfein said during an interview on CNBC. “We are a big liquidity provider, we’re a major prime broker. That would be a quite an existential decision for them if all the liquidity providers withdrew liquidity on the basis of an indictment which they’re contesting.” [BusinessWeek / Sheelah Kolhatkar]
$$$U.S. judge orders UBS unit in Japan to pay $100 million over Libor [Reuters]
$$$Banks Warned On Cyberattacks [WSJ]
$$$As Budget Fight Looms, Obama Sees Defiance in His Own Party [NYT]
$$$100-Square-Foot Harlem Apartment Can Be Yours for $1,275 a Month [Daily Intel]