Write-Offs: 01.09.14


$$$A Look Inside the “New York Stock Exchange” of Bitcoin [Animal NY]

$$$Big Banks Set For Best Year Since Crisis [WSJ]

$$$CFTC Expected to Usher In New Swaps Trading Rules [WSJ]

$$$Bernanke gives upbeat assessment of economy to U.S. senators [Reuters]

$$$ Scheller was taken to York Hospital where an X-ray found "an abnormality" in his rectum, police said. Scheller initially refused to have the object removed but eventually consented, and medical staff found a bag of synthetic marijuana, a socket wrench used for smoking, four bracelets, four necklaces, and 11 ladies rings, police said. [ABC]

$$$Cohen testified that he didn't remember Martoma's exact reasons for wanting to dump Elan and Wyeth, but "[t]hey were, you know, reasons that were normal, typical reasons." NO INSIDER TRADING HERE, JUST NORMAL TYPICAL STUFF. [Bloomberg / Matt Levine]

$$$What Alan Greenspan Has Learned Since 2008 [HBR]

$$$ Competitive eater Molly Schuyler devoured a 72-ounce steak in under three minutes, demolishing the previous world record. “World record for eating just a 72 oz steak is 6 min 48 seconds. I took it down just a little bit faster :)” Schuyler wrote on her YouTube page Tuesday. [NYDN]


Write-Offs: 08.24.12

$$$ Jury reaches verdict in Apple-Samsung trial [Reuters] $$$ Greece not written off, says Merkel [FT] $$$ RBS closing in on LIBOR settlement [Reuters] $$$ HSBC In Settlement Talks With U.S. Over Money Laundering [Bloomberg] $$$ John Hempton looks at Focus Media [Bronte Capital] $$$ Hey Look, It’s the DMX-”Reading Rainbow” Mashup You Never Knew You Wanted [Popdust] $$$ Highland Capital is looking for a credit trader in Dallas, if that's your thing [DBCC] $$$ Bernanke Letter Defends Fed Actions [WSJ] $$$ The Effectiveness of Unconventional Monetary Policy at the Zero Lower Bound: A Cross-Country Analysis [BIS] $$$ The commodity-basket standard is even dumber than the gold standard [Slate / Matt Yglesias] $$$ "You can’t fight inflation by taxing the wealthy. And since fighting inflation is the primary reason our government would need to raise taxes, the proposals to raise taxes on the wealthy just don’t add up" says MMT true believer John Carney [NetNet] $$$ Olympian Nick Symmonds may have finished a mere fifth in the 800M during the 2012 London Olympics, yet he has redeemed himself completely by downing a beer before running each of the four laps required to complete a mile in record time. ... Symmonds finished his mile (and chugging of 4 beers) in a very impressive 5 minutes and 19 seconds. The mark was good enough for first in US, but only fifth place all-time. “That’s a good first mark,” says Symmonds. “I’ve got some training to do.” [Cosby Sweaters] $$$ Count von Count died [The Awl]

Write-Offs: 09.17.12

$$$ Arrests Near Stock Exchange Top 100 on Occupy Wall St. Anniversary [NYT] $$$ Pandit’s Censured Bonus Unhurt by Smith Barney Writedown [Bloomberg] $$$ America’s Fourth-Richest Woman Unveiled With Koch Stake [Bloomberg] $$$ The incidence of the corporate tax is progressive [WonkBlog] $$$ Apple sells 2 million new phones, sets early order record [Reuters] $$$ B-School Applicants Decline for Four Years [WSJ] $$$ "One sophomore, granted anonymity by The Crimson because she was afraid to be associated with a party that had been interrupted by police ... [said] 'Everyone at Harvard is very career-minded. No one likes the cops.'" [Crimson] $$$ A mid-sized global investment bank is looking for a senior quant developer for its FICC trading desk in New York [DBCC] $$$ "One could easily conclude that [corporate bond] ETFs are ending up with the inventory that dealers can’t manage themselves. Which makes perfect sense if you consider that ETFs are a great place for dealers to park inventory on a funded and risk-recycled basis." [FTAV] $$$ Euro crisis tests limits of "French exception" [Reuters] $$$ Schulze still trying to line up Best Buy bid funding [NYP] $$$ A federal court ruled that a fraternity is not a monastery for zoning purposes [VC] $$$ "A Wal-Mart cashier and manager tore up two $100 bills and held a customer for hours until police came and told the store the cash was legitimate, the furious customer claims in court." [CNS]

Write-Offs: 11.18.15

BlackRock winding down macro fund; Fed minutes suggest December liftoff; "A Chinese billionaire bought a $170 million painting with an American Express to get the points"; and more.