Write-Offs: 05.23.14

Author:

Dealbreaker

$$$Barclays slapped with $44 million fine over gold price fix [Reuters]

$$$Wells Fargo Agrees to Settlement for Alleged 'Robo-Signing' Practices [WSJ]

$$$Golf Market Stuck in Bunker as Thousands Leave the Sport [Bloomberg]

$$$Valeant must up Allergan bid to $180-$200/share: JPMorgan survey [Reuters]

$$$ "Well-timed gifts of seafood and porn had swayed court decisions Henry Alfano's way before. But this time, facing potential conviction in a wide-ranging judicial corruption case, the Southwest Philadelphia businessman opted not to take his chances." [Philly]

$$$HSBC, Like Rivals, Hears Earful on Banker Pay at Annual Meeting [Dealbook]

$$$Amazon Escalates Its Battle Against Publishers [Dealbook]

$$$Str!ppers, skeletons and the Grim Reaper: Weird and wonderful gnomes taking over UK gardens [DM]

Write-Offs

Jefferies reports losses; RBS plans cuts; Short who got Valeant right on trial; Drunken circus worker takes tiger cub for a walk at shopping mall; and more.

Write-Offs

Flash crasher to appeal terms of bail; Former Deutsche Bank trader Greg Lippmann gets the Ryan Gosling treatment; Standard General pays $26.2 million for RadioShack name; Florida woman robs 3 banks in 30 minutes; and more.

Write-Offs

$$$ You can still drink big sodas [NYP] $$$ Bank compensation up in 2012 despite cutback efforts [Reuters] $$$ Morgan Stanley Set to Name Kaminsky Brokerage Vice Chair [FBN] $$$ Mary Schapiro Is Nominated to G.E. Board [DealBook] $$$ The life cycle of the investment banker [TED] $$$ City high-flier 'was called crazy Miss Cokehead by work bullies after she blew whistle on insider dealing' [DM] $$$ Brookfield Investment Management is looking for a global infrastructure securities analyst in Chicago [DBCC] $$$ Europe trading tax would kill repo market -industry official [Reuters] $$$ SAC Capital Manager’s Tipper Deserves Prison, U.S. Says [Bloomberg] $$$ "Long term shareholders are well served by activism" [Aswath Damodaran] $$$ "Callan hardly needs advice from me but I'll offer it anyway. She may want to consider that her lack of satisfaction with her life's direction is not a product of the choices she made. Instead, her choices may have been a product of her lack of satisfaction. In my experience, the kind of people who can rise to the level she did at a relatively early age tend to be filling a hole in their psyche, an indistinguishable yearning for something more that is experienced as a kind of pain." [NetNet / John Carney] $$$ Corey Robin went to school with Bill[y] Ackman [Corey Robin]

Write-Offs

Write-Offs: 05.23.14

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