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Write-Offs: 08.13.14

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$$$Hedge Fund Holdouts Fail to Reach Private Deal Over Argentine Debt [Dealbook]

$$$Ackman’s Sales Pitch for His Hedge Fund, and His I.P.O. [Dealbook]

$$$ "The hedge fund founder asked a Manhattan court to grant him access to recordings he claims will prove his Bahamas neighbor, Canadian clothing maker Peter Nygard, ran a “smear campaign” with faked videos portraying him as an insider trader, drug trafficker, Ku Klux Klan member and murderer." [Bloomberg]

$$$Atlantic City Faces Downward Spiral With Revel’s Demise [Bloomberg]

$$$Mr. Met Visits Hospital, Kids Want to Know What the Deal Is With His Giant Scary Head [Daily Intel]

$$$Bloomberg, Markit Separately Look to Buy Barclays's Index Unit [WSJ]

$$$Guess who’s doing “God’s work” advising companies on how to avoid US taxes? [Quartz]

$$$Burger King throws in the towel on "Satisfries" [AP]

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$$$ Behind Credit Default Swaps Market, a Cartel Left Open to Collusion [Dealbook] $$$ Jim Chanos: Hewlett Packard Is 'Ultimate Value Trap' [CNBC] $$$ Ackman Takes Activist Stance on P&G [CNBC] $$$ Goldman CEO Blankfein Said To Meet With Obama Adviser Lew [Bloomberg] $$$ Racketeering Charges Filed in Hedge Fund Divorce [NYO] $$$ Banker Tattoos [BuzzFeed] $$$ ...every so often, Ackman and his wife whirl through their Rolodexes and invite their unattached friends to come on over to their place and spend a few hours meeting other singles. In this day and age of internet dating, the Ackmans like to give that stressful process a personal touch. And last night was one of those nights when the man who runs $10 billion Pershing Square Capital Management and his wife Karen, who trained as a landscape architect, threw open the doors and hoped for the best. While no officials statistics have been kept, people who have attended the events say plenty of people have found their mates here. At this week’s event? Roughly 200 people attended, according to someone who was there. [Reuters, earlier] $$$ "Dozens of traffic signs have been destroyed by prostitutes performing pole-dances in the street to attract clients, officials in New Zealand's biggest city have revealed." [Telegraph] $$$ Charlie Gasparino: U.S. Insider Trading Investigation Winding Down (Maybe) [FBN] $$$ Ex-JPMorgan Banker Admits Role in Muni Bid-Rigging Scheme [Reuters] $$$ Paulson, Rubin Warn on Dangers of 'Fiscal Cliff' [CNBC] $$$ WWII Shipwreck Yields $38 Million of Silver From Atlantic [Bloomberg] $$$ High school kid accused of running in a potential $3 million marijuana ring. [CP]

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