Write-Offs: 09.26.13

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$$$JP Morgan Investors May Be Seeing Some Light at the End of the Firm's Legal Tunnel [WSJ]

$$$Susan Soros Is Asking $39 Million for 6,000-Square-Foot New York Co-op [WSJ]

$$$Accountant Linked to Bernard Madoff Indicted [WSJ]

$$$SEC chair says big fines key to attacking wrongdoing [Reuters]

$$$ To the denizens of South Williamsburg, the north is now a glitzy playground of glassy condos for banker types, chain stores and hordes of tourists from Berlin; Tokyo; Paramus, N.J.; and, worst of all, Manhattan. They’ve turned the area, especially around the Wythe Hotel, into Brooklyn’s answer to the meatpacking district... residents of the north are not above stereotyping, either. To them, the south can feel, well, a little too real: a backwater of vinyl siding, dusty bodegas, Gen-Y drifters and unrenovated dumps unfit for civilized company. [NYT]

$$$The Securities and Exchange Commission said it has uncovered an "extensive and egregious" Ponzi scheme run by a Las Vegas executive who raised more than $800 million from thousands of investors, mainly from Japan, over nearly 15 years.

$$$It’s Hang-the-Pig Time in U.S. Court [Bloomberg]

$$$She has been in at least three fitness programs. She runs on the treadmill. She swims in a lap pool. Her trainers shout encouragement. And although her target weight still eludes her, Lolita remains optimistic, smiling gamely during her workout and snacking on carrots. If only her legs weren't so short. Lolita is a 4-year-old dachshund, a breed that like the beagle and Labrador retriever is prone to putting on extra pounds. In her case, about eight pounds too many. [NYT]

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Write-Offs: 09.11.12

$$$ Goldman will console itself for its lost $20mm El Paso merger fee with its $220mm profit on the other side of the deal [Dealpolitik] $$$ "What's more, they tend to finance long-term mortgage securities with short-term repo. Typically they borrow from banks for 60-90 days and just roll their loans. Banks don't have to use much capital for securitized short-term loans, so they generally extend credit lines to REITs with no trouble." That sounds great [Sober Look] $$$ Jamie Dimon said some Dimony things today [DealBook] $$$ Mark Zuckerberg wrote the founder's letter in the Facebook S-1 on his phone [SAI] $$$ Kevin Roose went to TechCrunchDisrupt conference, disrupted it [DI, also, also] $$$ Brown Brothers Harriman is looking for a banking analyst in Philadelphia [DBCC] $$$ Moody's Cautions of Possible U.S. Downgrade in 2013 [WSJ] $$$ Integrating Banks Spurs Last-Minute Fears in Europe [NYT] $$$ "A South Carolina woman said she was shocked to discover her ex-boyfriend from 12 years ago has been living in her attic." [UPI] $$$ There may be a jaguar on the prowl in East Hampton [EH Patch via DI]