$$$Barclays’s Rubin Wins Wall Street Decathlon by One Second [Bloomberg]
$$$Hedge funds warned over leveraged CLO deals [FT]
$$$Finra Withdraws Proposal Requiring Brokers to Disclose Recruitment Bonuses [WSJ]
$$$RIP, Juicy Tracksuits, Famewhore Uniform of the 2000s [The Cut]
$$$American Apparel's CEO Signals a Fight to Retain Control [WSJ]
$$$House Resists S.E.C.’s Insider Trading Inquiry [Dealbook]
Goldman Sachs vs. Morgan Stanley; Harvey Keitel sues E*Trade; "After Debate, Middle-School Class Decides Not to Eat Its Pet Fish"; and more.
$$$ AIG Said to Boost U.S. TARP Recovery to 80% With Payment [Bloomberg] $$$ Trio of Deals Show IPO Strength [WSJ] $$$ Scrap Over Easing IPO Rules [WSJ] $$$ "The biggest recent change on Wall Street has been semantic, not substantive. The word 'client' has become Orwellian doublespeak. Goldman’s leaders talk uniformly about the importance of serving clients, but the firm’s salespeople know who is a client and who is a mere a counterparty." Frank Partnoy says sensible things about Muppetgate [FT] $$$ Fruit flies who strike out with the lady fruit flies drink to forget their troubles [NYT] $$$ Banks hike fees, cut costs to boost profits [Reuters] $$$ Glencore poised for joint bid for Viterra [FT] $$$ The New York Times paid executives multimillion dollar bonuses for achieving returns that were a fraction of its cost of capital, so that's kind of awkward [BreakingViews, via William Wright] $$$ Would you like some hyperbolic metaphors with your intimations of criminality? Enjoy! [Rolling Stone] $$$ "The Real Question re Goldman: Why doesn't Goldman have its employees sign non-disclosure agreements?" I know, right? [Credit Slips]
