October 24, 2021
Updated:
Original:

Write-Offs: 02.24.14

Author:

$$$Icahn, eBay trade accusations as fight escalates [Reuters]

$$$Netflix to Pay Comcast for Smoother Streaming [WSJ]

$$$Men's Wearhouse Messes With Jos. A. Bank's Plans for Khaki Dominance [BloombergView/Matt]

$$$In an excerpt of his annual letter to shareholders published online by Fortune on Monday, Buffett used a 1986 purchase of a farm located 50 miles north of Omaha to support his case about simple, diversified and low-cost investing. He had bought the farm because he could weigh how much the property would yield in corn and soybeans against its operating costs - and not to speculate on the value of the land or to sell it as soon as prices rose. "Now, 28 years later, the farm has tripled its earnings and is worth five times or more what I paid," Buffett wrote in his annual letter to shareholders, adding that he has visited the property only twice. [Reuters]

$$$Alec Baldwin: Good-Bye, Public Life [Vulture]

$$$KKR’s Kravis, Roberts Get $327 Million in 2013 on Company Exits [Bloomberg]

$$$Wall Street Bearish On Chris Christie's 2016 Chances [NYP / Charlie Gasparino]

$$$Man Complains To Council After Prostitute Turns Him Down [LBC]

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$$$ Geithner plans financial crisis book [CNN, earlier] $$$ Former Top Media Banker Sues Los Angeles and 2 Police Officers [DealBook, earlier] $$$ LionTree Advisors zooms up the M&A league tables [Bloomberg] $$$ "In his closely watched annual letter, Tilson said his Kase Fund - formerly T2 Partners before he split with Glenn Tongue last year - lost 1.7 percent compared to the Standard & Poor's 500 total return of 16 percent. He attributed the weakness to a highly correlated market that made divergences difficult to find." [CNBC] $$$ Ask Matt Taibbi anything on Reddit tomorrow [RS] $$$ Employment Agency Apologizes For Hooking Teen Up with Brothel Job [Gawker] $$$ PSEG is looking for a quantitative analyst to join its Energy Resource and Trade business in Newark [DBCC] $$$ RBS didn't admit to systematically lowering Libor during the crisis [Bloomberg] $$$ TIPS spreads remain correlated with equities [Money Illusion] $$$ Money Market Funds Intermediation, Bank Instability, and Contagion [FRBNY] $$$ The Risk Ownership Society [Dissent / Steve Randy Waldman] $$$ Christie Calls Doctor Who Raised Weight Concerns a ‘Hack’ [Bloomberg]

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$$$ Buffett Picks His ‘Bear’ for Annual Meeting [DealBook] $$$ Wall Street’s latest idea: collateral transformation [FT] $$$ Nasdaq executing trades at a loss [FT] $$$ "Las Vegas Sands is disputing reports out late Friday that it likely violated the Foreign Corrupt Practices Act," even though those reports included its own 10-K [CNBC] $$$ Mike Mayo has a lot to say about not being invited to meetings and stuff [CNBC] $$$ Fake bishop sneaks into Vatican meeting with 100 real cardinals [NYDN] $$$ Susquehanna is looking for operations analysts in New York [DBCC] $$$ The Effect of Underreporting on LIBOR Rates [St. Louis Fed] $$$ Big redemptions unlikely if Avenue loses Lasry to Parisian embassy [HFI] $$$ Icahn Foe Rachesky Joins Mentor Attack on Navistar [Bloomberg] $$$ The M&A pickup [FTAV] $$$ 'Batman' brings in suspect to Bradford police [BBC]

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Money going to Janus but not Bill Gross; Michael Lewis tries not to think about the markets too much; Warren Buffett likes America; Deutsche Bank CEOs take paycut; Dad shoots son, but not fatally, for finishing orange juice; and more.