Write-Offs: 5.18.15

Bubble fears; Bonderman; Greece; "A Georgia man says he was so angry after a phone call with his wife that he drove his truck through his house"; and more.
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Write-Offs: 9.25.15

RBC says "Fed just threw kerosene on the fire"; Pimco thriving without Bill; Yale money managers top Harvard money managers; "A Pennsylvania congressman said he swiped Pope Francis' abandoned glass of water following his address to Congress and sipped it with his wife and staffers"; and more.

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]

Write-Offs: 07.05.12

$$$ Greece drops demand to ease bailout terms [FT] $$$ The NYSE Gets Its Very Own Dark Pool [MarketBeat] $$$ The Strange Takeover Limbo of CVR [DealBook] $$$ Countrywide won influence by giving House members discounts, report says [AP] $$$ Jon Ronson talks to rich people, middle-class people, and poor people [GQ] $$$ The guy who finished ahead of David Einhorn in the $1mm buy-in One Drop poker tournament was beaten up shortly afterwards [Poker News Daily] $$$ A German university is suing a business student for lost income because he finished his bachelors and masters degrees in only 20 months [UPI] $$$ A top institution is looking for a VP level structured credit trader in New York [DBCC] $$$ Euro the big loser after central banks intervene [FT] $$$ Irish Bill Sale Marks End Of Drought As Spain Yields Rise [Bloomberg] $$$ Why not have variable-rate mortgages with fixed payments but variable amortization periods? [American Banker] $$$ Traded assets are more volatile than non-traded assets, NGDP targeting edition [Noahpinion] $$$ Alphonse "Buddy" Fletcher's wife is the Kleiner Perkins partner suing them for gender discrimination [Term Sheet] $$$ An Alternative Living Will for Banks [Paperwell]

Write-Offs: 7.10.15

Greece, Greece, Greece; Duff beer; Rate hike; "Judge frees jailed kids who refused to have lunch with dad"; and more.

Write-Offs: 09.25.12

$$$ Eurozone deal over bank bailout in doubt [FT] $$$ U.K. Bankers Group to Stop Overseeing Libor [WSJ] $$$ The Smith Barney Name Still Lives (Sort of) [Deal Journal] $$$ Mason Capital may lose money on its delightful Telus trade [DealBook] $$$ Actually, business and political leaders aren't that stressed [LAT] $$$ “I’ve had to sit here all night staring at a whale,” [Jes] Staley said last night, a few hours into a gala for the NYU Langone Medical Center’s Hospital for Joint Diseases and Center for Musculoskeletal Care. He was accepting an award for corporate leadership. Staley then suggested the whale could be replaced with the squid in the room, which, he clarified afterward, meant Goldman Sachs Group Inc., represented by his friend Gary D. Cohn, chairman of the dinner and the hospital’s advisory board. Rolling Stone writer Matt Taibbi called Goldman a “vampire squid.” All this took place about 20 feet from a diorama depicting a battle between a sperm whale and a giant squid. Which creature will triumph is unclear, though squid have been found in whales’ stomachs. [Bloomberg] $$$ Macquarie's Credit Solutions Group, a distressed and special situations financing group, is looking for a 2nd or 3rd-year analyst in New York [DBCC] $$$ Or just be an event coordinator for Breaking Media [Fashionista] $$$ Uber Bear Sees S&P at 800...Just Not Yet [CNBC!] $$$ Eighth Grader Says He Vandalized Congressman’s Office [NYT] $$$ Mitt Romney Stops Supporters from Chanting ‘Ryan’ to Ensure They Say His Name Too [Gawker] $$$ Police launched investigation into the 'suspicious' moon [Telegraph]

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: 6.1.15

Greece might be saved; Les Moonves stiffs valet because he only carries hundreds; Fisher wants tougher bank penalties; "Montana hosting annual Testicle Festival in Virginia Square this year"; and more.

Write-Offs: 06.18.12

$$$ Clogged Credit Weighs on Fed Policy Makers [WSJ] $$$ Ex-Expert Network Consultant Pleads Guilty in Insider Case [WSJ] $$$ TCI is trying to guilt the FSA into forcing Lloyds to redeem TCI's holdings of Lloyds contingent capital bonds at above-market prices [FT] $$$ Homeowner Aid Boosts Big Banks [WSJ] $$$ World's population is 17 million tons overweight [MSNBC] $$$ Do you have plans on July 17? Do you fancy yourself a poker player? A really good poker player? Do you think you could beat David Einhorn, even if he’s working the table like it's Lehman Brothers circa 2007/2008? Do you think it would not be so awkward that the two of you could then enjoy a meal together and talk shop after which he picks up the tab? If David's not your thing, do you think you could envision yourself in the same scenario but with Bill Ackman? If you answered yes to most of the above and also consider yourself a fan of humanity, helping others and all that jazz, you should most definitely clear your schedule next Wednesday and sign up for a World Poker Tournament benefiting the Rewarding Achievement (REACH) program, which was co-founded by Bill Ackman and Whitney Tilson and gives inner-city high school students academic support and scholarships for passing AP exams. The event is taking place at Gotham Hall in New York and Einhorn (your competition) will be playing, as will Ackman and Tilson. Prizes for winners include the aforementioned meal (a lunch), with Bill, David or Seth Klarman, five nights at a “world-class private beach home in Lamu, Kenya,” a private poker lesson with 2011 WSOP bracelet winner and 2011 WPT Player of the Year, Andy Frankenberger and more. Alternatively, if you’re not one for cards but still want to help kids, you can also just register for the cocktail hour. $$$ Would you be interested in a job as a credit team director at a distressed-focused private equity firm in New York? What if I told you it's at Patriarch Partners? [DBCC, also available] $$$ Likelihood of Grexit Still 50-75%: Citi [CNBC] $$$ Alvarez Says Fed Hasn’t Seen Other JPMorgan Risk Problems [Bloomberg] $$$ Millionaire Parents Say Their Kids Are Unfit to Inherit [CNBC] $$$ New Jersey Man Allegedly Calls 911 From His Pillow Fort, Demands To Speak To Tim Tebow [DeadSpin]