Write-Offs: 12.5.14

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$$$Wells Fargo Breaks Citigroup’s 2001 Record for Bank Value [Bloomberg]

$$$Ex-Wife of Continental Chief Wants More than $972 Million [Bloomberg]

$$$J.P. Morgan’s Dimon Says Tests Show No Evidence of Cancer [WSJ]

$$$Uber investors see IPO that would top $100 billion [NetNet]

$$$ Bruggemann has had his phone confiscated a few times, leading the school to contact his parents. "Last year I got a call from the school saying the physics teacher took away Connor’s cell phone and now I have to come and pick it up," said his mother. Bruggemann bought himself a new BMW with his earnings, a new Macbook for each of his parents on their birthdays, and iPads for his siblings. "I asked what time did this happen, and she said 9:35. I said you probably just cost him money. He trades stocks, 9:35 means the market just opened, he had to make a move. They told me he’s in physics class, he can’t do that, and I’m like, ok, whatever." [The Verge]

$$$Italian Businessman Raises His Bid in Battle for Club Med [WSJ]

$$$Behind Warren Buffett's donation to Hillary [CNBC]

$$$Man Smuggled Drugs Inside St. Bernard Dogs: Police [AP]

Related

Write-Offs: 09.06.12

$$$ JPMorgan Said To Face Escalating Senate Probe Of CIO Loss [Bloomberg] $$$ J.P. Morgan Names New Chief Investment Officer [Deal Journal] $$$ Banks now like to do quarterly calls with bondholders [WSJ] $$$ Some people still like big banks [Bloomberg] $$$ FINRA is suing a test-prep firm for taking Series 7, etc., exams 64 times, failing 52 of those times, and memorizing the questions to tell their students [Reuters; the complaint is also amusing] $$$ [Harvard] Economics concentrator Ali E. Evans ’13 received his [Harvard Business School] acceptance email on Wednesday while sitting in class next to his roommates. He said he celebrated silently and texted his parents. Evans said he has visited classes at the Business School with his tutors at Kirkland House since sophomore year. "Leading my own company one day is definitely a goal of mine, and so business school definitely fits in with that plan," he said. [Crimson] $$$ Pimco is looking for a diversity & inclusion coordinator in Newport Beach [DBCC] $$$ Qatar Imperils Big Merger of Commodity Companies [DealBook] $$$ There's a new Kindle Fire and it's cheaper [WSJ] $$$ Citigroup, Goldman, UBS Sued Over Mortgage-Backed Bonds [Bloomberg] $$$ Goldman must face mortgage debt claims - 2nd Circuit [Reuters] $$$ European political leader says "Some fans of group sex say that it’s better than one-on-one because, as with any collective work, you can skive off," is not Silvio Berlusconi [Telegraph]