Write-Offs: 11.20.13

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$$$Federal Reserve officials said they might reduce their $85 billion in monthly bond purchases “in coming months” as the economy improves, minutes of their last meeting show. [Bloomberg]

$$$Billionaire Mark Cuban takes on the SEC [WaPo]

$$$How to Pick a Securities Fraud Jury When Everyone Hates Everybody [BusinessWeek / Sheelah Kolhatkar]

$$$ Man Group employees are feeling the squeeze at the struggling hedge fund, with staff at its London headquarters being shunted into just one-and-a-half floors of the nine-storey building it opened to great fanfare in 2011.
One senior executive based at the HQ on the banks of the Thames said: “We are being shoved into a much smaller area, which people aren’t really happy about it. Our fund assets are shrinking and so it seems is our floor space.” [FT]

$$$Man claims Bank of America gave him heart attack, files lawsuit [WSCO]

$$$ George W. Bush appeared on The Tonight Show on Tuesday, ostensibly to promote his new library but also to show off one of his new paintings, which he gave to host Jay Leno. The painting, a portrait of Leno, marks something of an artistic shift for Bush, who has spent the past several months seemingly painting only animals—specifically, cats and dogs. When Leno showed a painting of the former president's recently-deceased dog, Barney, Bush segued into an anecdote about Vladimir Putin's pet snobbery. In short, Putin was not impressed with Barney, a fact he demonstrated during their one meeting with his “body language,” according to Bush; when Bush met Putin's dog—a large hound—a year later, the Russian president boasted that his dog was “bigger, faster, and stronger” than Barney. [Gawker]

$$$Morgan Stanley in talks to sell commodities business [NYP]

$$$Where Does JPMorgan’s $13 Billion Go? [Dealbook]

$$$Neanderthals weren’t picky when it came to sex [NYP]

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Write-Offs: 02.19.13

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Write-Offs: 03.21.13

$$$ Cyprus Plans Bank Restructuring to Save Rescue [WSJ] $$$ S&P Cuts Rating on Cyprus by One Notch to Triple-C [Reuters] $$$ Hedge funds storm back into form [FT] $$$ Lululemon Sheer Yoga Pants Undetected Until Bend-Over Test [Bloomberg] $$$ Former MSNBC Host Dylan Ratigan Quit New York To Work On Hydroponic Organic Farm [TPM] $$$ Once-obese Goldman analyst becomes fitness evangelical, gym CEO [Reuters] $$$ Southeastern had eyed joining Dell buyout group [Reuters] $$$ Gold Giants Shrink to Fit as Paulson Pushes Breakup [Bloomberg] $$$ "And there was this dichotomy, like dumb versus smart money. We're smart money; they're dumb money. We are so smart that we deserve their money. It was essentially kind of an entitlement. And it was really unattractive to me. I spent a lot of time at lunch trying to understand the mindset of, like, how does being good at math give us the right to do this?" [EconTalk] $$$ A Watermelon, a Golf Course, a Horse, and Monstrous Dogs: 12 New Paintings from George W. Bush [Gawker]

Write-Offs: 10.05.12

$$$ Lehman Units Settle $38 Billion in Claims [WSJ] $$$ When will PE firms exit from all their "golden age" buyouts? [Fortune] $$$ Hedge funds love affair with leverage still on hiatus, for now [Reuters] $$$ Russian cyber gang said to be organizing a ‘mega heist’ of US banks [Qz] $$$ GE Capital Said to Near Systemic-Risk Label in Review [Bloomberg, related?] $$$ World’s Least Fun Person Removing One-of-a-Kind Slide From Apartment He Just Bought [DI] $$$ A New York multi-strat hedge fund is looking for a junior collateral manager [DBCC] $$$ Moody’s warns on Portugal’s bailout plan [FT] $$$ On jobs report, "what we might be seeing is an evolution of seasonal patterns — people starting school and leaving their summer gigs earlier in the summer — which has big implications for how the Labor Department digests and reports the monthly jobs data." [Economix] $$$ After JPMorgan, Hannam Said to Focus on Afghan Gold Mine [Bloomberg] $$$ 'Price is Right' finds first male model in show history [NYP] $$$ Is Quebec's Stolen Maple Syrup Stashed in Stomachs? [Bloomberg]