Write-Offs: 12.16.13

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Updated:: Jan 14, 2019
Original:: Dec 16, 2013

$$$Bernanke Says Fed in ‘Finest Hours’ Stood Up to Pressure [Bloomberg]

$$$ "Tim Grittani began day trading penny stocks with $1,500 three years ago. By following the lessons of penny stock guru Tim Sykes, Grittani has raked in over $1 million in profits." [CNN Money]

$$$Insider-Trading Case May Hinge on 2-Minute Phone Call [WSJ]

$$$KKR to Acquire KKR Financial [WSJ]

$$$SantaCon Santa Gets Public Handj*b from Naughty Mrs. Claus [Gawker]

$$$Treasury tried to probe JPM over Madoff, could not enforce subpoena: counsel [Reuters]

$$$Icahn: Herbalife is undervalued, has capital to spare [CNBC]

$$$Louisiana Man, 34, Dressed As Buddy The Elf Is Arrested For Drunk Driving [TSG]

Write-Offs

$$$ Here are Dick Fuld's call logs from March through September of 2008. Tim Geithner, Hank Paulson, Lloyd Blankfein, Jamie Dimon, Ken Lewis, Rodge Cohen, Raj Rajaratnam ... [Jenner] $$$ The quants and derivatives traders of Occupy Wall Street [WaPo] $$$ Spain in talks over ‘bad bank’ scheme [FT] $$$ [@JeffMacke] $$$ Duke University grad doesn't want to waste her unique talents working on Wall Street, works in management consulting instead [DealBook, earlier] $$$ A leading M&A boutique is looking for a class of 2011 or 2010 FIG associate [DBCC] $$$ Large layoffs loom on Wall Street [Fortune] $$$ SEC Charges Mother, Daughter, and Their Attorney in Illegal Penny Stock Scheme [SEC] $$$ Barnes & Noble’s Nook Unit Is Worth More Than Its Parent Company [DealBook] $$$ “If mortgage REITs were not delivering to investors they would not be in a position to raise capital. Last I checked, the United States was still a capitalist country despite efforts to the contrary.” This quote from the CEO of mortgage REIT Annaly is not encouraging [Bloomberg] $$$ "But the debate between Krugman and Paul on Bloomberg TV this afternoon was more awkward than awesome, like a special episode of the Sopranos with the character of Tobias Funke." [DI] $$$ This novel by a former Lehman MD begins "The weight of the cufflinks was palpable." [Fiction Studio]

Write-Offs

Ex-Nomura trader says bank crucified him over client demise; Kashkari's push to end TBTF; Yankee stadium makes America great again with the 'Grub Tub'; and more.

Write-Offs

Fed probably won't do anything next week; Citi trader says bosses loved wrongdoing; "Man angers neighbors by shining 'alien' fighting spotlights"; and more.

Write-Offs

Dick Fuld is back; Greece still has no money; Hostess is worth $2 billion; "A quarter of Harvard grads have never gotten laid"; and more.

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