Write-Offs: 01.27.14

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$$$RBS Set for Biggest Loss Since 2008 After $5.1 Billion Provision [Bloomberg]

$$$Fed Would Need to Reveal More on Bank Oversight Under Bill [Bloomberg]

$$$Philanthropist, demolition kingpin, and wannabe media mogul Chen Guangbiao’s quixotic quest for the New York Times. [NYM / Jessica Pressler]

$$$“All these aspirational schnooks came out here thinking that they had really made it,” said Mr. Fountain, a real estate broker, blogger and lifelong Greenwich resident. “But then the tide went out and what you are left with is a bunch of crooks.” [NYT]

$$$Usher, Scooter Braun fly to Panama for ‘sit down’ with Justin Bieber [NYDN]

$$$China banking worries 'way overblown': Wilbur Ross [CNBC]

$$$Hedge funds get a reminder of how it feels to lose [CNBC]

$$$Table Tennis Match Gets Progressively More Entertaining And Absurd [Deadspin]

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Write-Offs: 01.29.14