Write-Offs: 08.05.14
$$$Big Banks’ ‘Living Wills’ Get Failing Grade [Bloomberg]
$$$Bank of New York-Managed Fund Loses 51% on Argentina Default [Bloomberg]
$$$Fox Pulls Its Bid for Time Warner [WSJ]
$$$French Bank Says It Was "Cheated" and Kept in the Dark About Banco Espírito Santo SA's Dealings [WSJ]
$$$Justin Bieber saves man from bear attack [NYP]
$$$Standard Chartered Bank Once Again Faces Action Over Money Laundering [Dealbook]
$$$BlackRock sounds alarm over IPO quality [FT]
$$$McDonald’s: 1-minute guarantee or you get FREE food [CNBC]