Write-Offs: 1.12.15
$$$Starting her debut hedge fund without a staff of analysts to help choose investments and relying too much on one investor’s money helped lead Whitney astray, according to a person with direct knowledge of her firm. [Bloomberg]
$$$Congress Again Clashes Over Financial Regulation [WSJ]
$$$BATS fined $14M to settle HFT favoritism probe [NYP]
$$$Obama Treasury choice withdraws; faced opposition [AP]
$$$Accused Drunk Driver Intoxicated On Vanilla Extract: Cops
$$$Caesars Lenders Form Majority to Oppose Unit Bankruptcy Plan [Bloomberg]