Write-Offs: 2.5.15

One of Buffett's top managers made a lot of money today; After being taken into custody for allegedly shooting his hedge fund manager dad, Thomas Gilbert Jr. "scarfed down two slices of pizza, an Egg McMuffin, an apple and a sandwich"; Germany still has no love for Greece; Coke use makes it hard to learn from your mistakes; AND MORE.
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$$$One of Warren Buffett's Top Managers Just Made $40 Million in One Day [Bloomberg]

$$$The Past Imperfect: Mr. Neuger and Mr. Fitzmaurice Would Like Your Money, Again [SIRF]

$$$Germany Cool on Greek Push for Bridge Program [WSJ]

$$$After Thomas Gilbert Jr​.​ was taken into custody Jan. 4, he scarfed down two slices of pizza, an Egg McMuffin, an apple and a sandwich, according to court papers released at his arraignment Thursday in Manhattan Supreme Court. The spoiled son, who’d allegedly murdered his father, Thomas Gilbert Sr., after ​the dad cut his allowance by a measly $200, bragged to cops about how he stayed in such good shape. “A lot of diet and exercise,” the frequent surfer boasted. He then described his technique for losing weight, including a formula for reducing caloric intake, court papers say. [NYP]

$$$Where Is Germany's Gold? [Bloomberg]

$$$Comcast bill names customer as 'Super Bitch' [UPI]

$$$Cocaine makes brains worse at learning from mistakes [CNBC]

$$$Hedge fund posts huge gain in January [CNBC]

$$$4-Foot Boa Constrictor On The Loose At Vermont College [AP]

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Write-Offs: 3.23.15

Money going to Janus but not Bill Gross; Michael Lewis tries not to think about the markets too much; Warren Buffett likes America; Deutsche Bank CEOs take paycut; Dad shoots son, but not fatally, for finishing orange juice; and more.

Write-Offs: 06.22.12

$$$ Europe stimulus rift crisis etc. etc. [FT] $$$ Corporate Profits Just Hit An All-Time High, Wages Just Hit An All-Time Low [BI] $$$ Wells Fargo's mushrooming mortgage risk [Reuters] $$$ Investors cast doubt on "end of world" hedge strategies [Reuters] $$$ Rajaratnam Wiretaps Catch ‘Chunky But Funky’ Goldman Salesman in Scandalous Act of Doing His Job [DI / Kevin Roose] $$$ This is a good post about quants [Mathbabe] $$$ "Europe’s highest court ruled that workers who happened to get sick on vacation were legally entitled to take another vacation." [NYT via MR] $$$ A leading investment bank is looking for a manager of High Frequency Trading development [DBCC] $$$ The Bank of England is now posting collateral on derivative trades [FTAV] $$$ ‘Orwellian’ Goldman Loses Bid to Dismiss Suit Over CDO Deals [Deal Journal] $$$ President Obama Can’t Be in the Same Room As Forks Anymore? [DI] $$$ When your soccer team loses, you feel down and are therefore more inclined to sell securities in the markets [SSRN, related?] $$$ Germany 4 - 2 Greece [NYT] $$$ Just Thinking About Having a Drink Can Help You Relax [CNBC]

Write-Offs: 06.05.12

$$$ European Union Proposes Central Banking Regulator [NYT] $$$ Spain says markets closing on it, seeks help for banks [Reuters] $$$ Ken Lewis's script to tell John Thain he was worried about Merrill's losses [Deal Journal] $$$ Using Confidential Information in a Hostile Offer [Harvard Law] $$$ Mitt Romney Surprised That Tall Man ‘Wasn’t in Sport’ [DI] $$$ Alpine Woods Capital Investors is looking for an experienced equity income Associate Portfolio Manager/Analyst in Westchester [DBCC] $$$ Hedge Funds Failing To Deliver Taxes To Connecticut [Bloomberg] $$$ Have a Bad Boss? Treat Him Like a Toddler [CNBC] $$$ Thomas H. Lee to Take Control of Party City [WSJ] $$$ Lax bros. Lax bros. [Boston Globe]

Write-Offs: 4.6.15

The Golden Boy of Brazilian Finance; Swiss pay; Best restrooms in America; Tesla; "Easter Egg Hunt World Record Attempt Descends Into Chaos"; and more.

Write-Offs: 10.23.12

$$$ Facebook Posts Loss, But Emphasizes Mobile Growth $$$ LightSquared Executives Get $6 Million in Bonuses Approved by Judge [Deal Journal] $$$ Bernanke QE3 Stocks Miss Greenspan Irrational Exuberance [Bloomberg] $$$ ‘I’m Quite Concerned About Fiscal Cliff’: Greenspan [CNBC] $$$ Argentina won't kneel down before 'vulture funds,' says Cabinet Chief [BA Herald] $$$ Gupta is no Rajaratnam. Gupta tipped inside information about one company to Rajaratnam, while Rajaratnam traded on confidential information collected from many sources. So you’d expect that Gupta would be treated differently when he appears for sentencing. Federal sentencing guidelines, however, suggest a prison term for him that’s similar in length to the 11 years Rajaratnam is serving. And prosecutors want a sentence within those guidelines, just as they want for the hundreds of defendants sentenced in federal courts nationwide every day. Because what Gupta and Rajaratnam did is so different, though, sentencing Gupta to anything like the time Rajaratnam is serving undermines the whole purpose of the sentencing scheme that prosecutors say they want to uphold. [Slate] $$$ For several years now, Marc Lasry, the co-founder of Avenue Capital, has decorated his mansion on East 74th Street with bloodied bodies hanging from the balcony, skeleton heads, a giant inflatable ghost, swinging bats and a life-size, clothed skeleton affixed to a tree on the sidewalk. One afternoon last week, tourists and children gathered to take pictures of a dancing skeleton beside the front door. It was singing “Super Freak.” (Perhaps in the spirit of competition, the hedge fund manager Philip A. Falcone and his wife, Lisa Maria, have lavishly decorated the exterior of their 27,525-square-foot house on East 67th Street even though it is currently a construction site.) [NYT via BI] $$$ Adveq, a leading asset manager investing in private equity and real asset funds globally, is looking for an investor relations and development representative for North America [DBCC] $$$ Former Soros CIO nears launch of Anderson Global Macro early next year [AR] $$$ Wall Street Is Rethinking Commodity-Trading Role [WSJ] $$$ This is a story about LBO companies getting equity financing from long-only investors to pay down debt to manageable levels before an IPO [Term Sheet] $$$ This is a story about a management consultant who is also a self-published poet [BBW] $$$ "My wife ... penetrated to the heart of the debate in a single sentence tonight when, only about 15 minutes into the exchange, she observed: 'Romney’s flag pin is much larger than Obama’s flag pin.'" [NR] $$$ Obama Takes Out Romney With Mid-Debate Drone Attack [The Onion] $$$ NYC-Based Soup Chain Offers Free Cup of Soup, Personal Service from a ‘Cunt’ Named Mary [Gawker]

Write-Offs: 01.25.13

$$$ Stocks Near New Heights as Small Investors Regain Faith [NYT] $$$ J.P. Morgan Risk Officer Taking Leave of Absence [WSJ] $$$ Soros Says Hedge Funds Can’t Beat Market Because of Fees [Bloomberg] $$$ UBS Chairman proposes industry-wide settlement over Libor [Reuters] $$$ "One explanation for the confusion is that many things that are considered normal in finance look like fraud to almost everyone else." [Free Exchange] $$$ Outcry Over Bid to Make Water Cheaper Than Beer [WSJ] $$$ An investment management firm is looking for a senior investment associate to research credit hedge funds in D.C. [DBCC] $$$ Europe's Banks Rush to Repay ECB Funds [WSJ] $$$ U.S. Court Ruling Threatens Consumer Bureau Decisions [Bloomberg] $$$ Italy's Monte Paschi faces shareholder fury as scandal widens [Reuters] $$$ You may be surprised to learn that "the president and chairman of Mortgage Xpress, Inc. (subsequently renamed The Alternative Energy Technology Center, Inc.)" was sued by the SEC [SEC] $$$ Cory Booker Continues His Steady March Toward Canonization by Personally Saving a Stranded Dog from Freezing to Death [Gawker]

Write-Offs: 6.5.15

Greece still thinks it has a chance; Apple is the new Pimco; Uber banned in the Hamptons; "Finally, a knife that toasts bread as it slices"; and more.

Write-Offs: 04.10.12

$$$ Rick Santorum drops out of the presidential race [WaPo] $$$ Alcoa Posts Surprise Profit After Aluminum Orders Climb [Bloomberg] $$$ Hedge funds lag the market, again [Fortune] $$$ Dan Loeb has convinced Yahoo that it's time to move forward with some buzzwords [AllThingsD] $$$ "The conventional wisdom that Facebook sees Instagram as competition is not the whole story. It may also see Instagram as particularly advertiser-friendly content that its users currently have trouble producing. Think of it as a $1 billion way to make your parents’ status updates more interesting." [Reuters / Ryan McCarthy] $$$ Interested in behavioral economics? Then don't buy Karl Daniels's Fast and Slow Thinking. [Language Log] $$$ Mitt Romney Is Doing ‘Gay Voice’ in This Video, Says Professional Gay Voice Expert Bob Corff [Gawker] $$$ How would you like to be a portfolio management associate at Starwood Capital in Greenwich? [DBCC] $$$ NY pushes objection to BofA $8.5 billion mortgage pact [Reuters] $$$ "Court: Checking Facebook on Your Work Computer Isn't a Crime." Other courts disagree. [WSJ Law Blog] $$$ "For the first time in its 4 1/2 year life, a program on the Fox Business Network has topped a show on CNBC for an entire week in both Total Viewers and younger viewers." [TVNewser via Talking Biz News] $$$ What Do Europe's Pirate Parties Stand for? [Bloomberg] $$$ This happened [BI] $$$ Mayonnaise Store Now Open in Prospect Heights [Brownstoner] $$$ 5-year-old brings heroin for 'show and tell' [Stamford Advocate]