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.
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$$$Bond King Is Gone. Long Live Pimco. [Bloomberg]

$$$Fed just threw kerosene on the fire: RBC Strategist [CNBC]

$$$How the World Is Messing With Investors and the Fed [WSJ]

$$$Old-Drug Price Hike ‘Perversion of the System,’ Biogen CEO Says [Bloomberg]

$$$Missing Dennis The Menace Statue Returned After 11 Years [HP]

$$$The Risk of a Billion-Dollar Valuation in Silicon Valley [Dealbook]

$$$Yale Endowment Returns 11.5%, Eclipsing Harvard’s 5.8% [Dealbook]

$$$ 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. [UPI]

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Write-Offs: 5.4.15

PIMCO no longer biggest bond fund; IMF playing hardball with Greece aid; Miami wants to be the next Silicon Valley; "North Carolina dog blamed for crashing pickup into pool"; and more.

Write-Offs: 03.22.12

$$$ Volcker Rule Delay and Simplification Gains Support in Congress [Bloomberg] $$$ Fed Official Signals Guidance on 'Volcker Rule' [WSJ] $$$ UBS hires dealmaker Orcel [FT] $$$ Credit Suisse Names Sole Head of Investment Banking [DealBook] $$$ Drake's new music video will feature a re-enactment of his bar mitzvah [Miami Herald] $$$ AIG Repays $1.5 Billion, a Year Ahead of Schedule [CNBC] $$$ Student-Loan Debt Tops $1 Trillion [WSJ] $$$ Allen Stanford’s Twitter Complaint Fails to Win Retrial [Bloomberg] $$$ "[E]mail has to be replaced with a new protocol. This new protocol should be a todo list protocol, not a messaging protocol, although there is a degenerate case where what someone wants you to do is: read the following text." [Paul Graham] $$$ Bid-ask spreads will getcha [Economix]

Write-Offs: 3.26.15

Bill Ackman will debate a guy...for a million dollars; Tim Cook plans to give away all his money; "McDonald's Is Shilling Big Mac Clothing"; and more.

Write-Offs: 03.22.13

$$$ Inside a Star Hedge Fund: Lots of Big Bets, Built Fast [WSJ] $$$ Fed pushes banks to ignore rivals when setting bonuses [Reuters] $$$ JPMorgan Board Backs CEO Dimon as Chairman, Pays Zames More [Bloomberg] $$$ The Senate Drafts the SEC's Case Against JPMorgan [BBW] $$$ "A J.P. Morgan Chase employee climbed onstage at a black-tie dinner held on Wall Street Thursday night and accepted an award on behalf of the embattled bank for 'best crisis management.' ... Kathy Hu, an executive director in J.P. Morgan’s investor relations department, accepted the award and quipped: 'Can I just say, "Crisis? What crisis?"' J.P. Morgan beat out nominees Chevron Corp., which struggled with a refinery fire last year, and St. Jude Medical Inc., which battled heart-device problems." [Deal Journal] $$$ Pope calls Argentine kiosk owner to cancel paper delivery [CNA] $$$ Hey, Let Harvard Alumni Have Their Fun This Morning [DI] $$$ Deutsche Bank mulls raising fixed pay to counter EU bonus rules [Reuters] $$$ Judges’ Spat Strikes a Chord Among Deal Makers [DealBook] $$$ "Now some distressed debt investors get to find out what exactly it is you buy when you buy American-issued debt in a company incorporated in the Cayman Islands and doing business in China. I suspect the answer will be 'not much.'" [DealBook] $$$ "Henry Blodget is, in all seriousness, an artist of the internet whose methods should be studied and analyzed for future generations." [Gawker] $$$ "Finally I should note that the rectal gonorrhoea is the reason for my odour." Investment research! [Bronte Capital]

Write-Offs: 05.21.12

$$$ J.P. Morgan Suspends Share Buyback [WSJ] $$$ Bank of America's CEO 'Comfortable' With Investments [CNBC] $$$ Gupta ‘Threw Away His Duties,’ Prosecutor Says In Opening [Bloomberg] $$$ France, Germany Fail to Resolve Differences Over Euro Bonds [WSJ] $$$ U.S. lets China bypass Wall Street for Treasury orders [Reuters] $$$ MF Global's Corzine Got More Than $8 Million in Year Before Collapse [WSJ] $$$ S&P is looking for an associate to rate media and entertainment companies in Chicago - interested? [DBCC] $$$ "On average, for every additional 1% a company returned to shareholders between 2009 and 2011, the CEO was paid 0.6% more last year, the analysis found. For every 1% decline in shareholder return, the CEO was paid 0.6% less. ... In 2010, there was no correlation; for every 1% decrease in shareholder return, the average CEO was paid 0.02% more." [WSJ]$$$ Enron Ex-CEO Seeks Retrial On ‘New Evidence,’ Lawyer Says [Bloomberg] $$$ SEC move set to boost covered bonds in US [FT] $$$ With New Firepower, S.E.C. Tracks Bigger Game [DealBook] $$$ The New York Times printed a giant Gretchen Morgenson story about insider trading except there was no insider trading [Reuters / Felix Salmon, also Reformed Broker] $$$ Taxi Panel May Raise Fares Up to 20% [NYT] $$$ Gal claims she was 'too hot' to work in lingerie shop, forced to wear robe before getting boot: suit [NYP]

Write-Offs: 5.14.15

Bank felony charges coming; The ghost of Sage Kelly; Harvard money manager pay up; "Massachusetts police: Don't chase bears with hatchet while drunk"; and more.

Write-Offs: 08.23.12

$$$ Gawker acquires semi-public audited financials of Bain Capital funds, orgasms all over them [Gawker, related] $$$ Bain Capital's conversion of management fees into carry may have been tax aggressive [Victor Fleischer] $$$ Republicans eye return to gold standard [FT] $$$ New York Fed Sells Last of AIG Bonds, at a Profit [WSJ] $$$ "Hedge Funds, Grimacing, Open the Kimono" [Bloomberg] $$$ BlackRock would like to hire a securities lending accounting associate in San Francisco, if that's your cup of tea [DBCC] $$$ The Downsizing of the American Butler [CNBC] $$$ What's up with Best Buy? [DealBook] $$$ Citi passed its make-up stress test [Reuters] $$$ Seven-Year-Old Wins Iceland Ram Groping Contest [Iceland Review via MR]

Write-Offs: 02.25.13

$$$ Italy Vote Shows No Clear Winner, as Berlusconi Rises [WSJ] $$$ Goldman to begin fresh round of job cuts [Reuters] $$$ Remember That $83 Billion Bank Subsidy? We Weren't Kidding [Bloomberg, earlier] $$$ "There appears to be a growing trendin dying industries: The bosses want to hold their bedside vigils in private." [Deal Journal] $$$ Banks to sell complex CDS books [IFR] $$$ "As an excellent student with advanced people skills and an exciting resume, with a desire to be part of a challenging, energetic, and reputable organization, I will be a valuable addition to The Catholic Church as your new Pope." [McSweeney's] $$$ A top-tier investment management firm is looking for a VP, behavioral finance specialist in New York [DBCC] $$$ Wells Fargo Role in Heinz Deal Is Credit Negative, Moody’s Says [Bloomberg] $$$ Leveraged loan market on fire [Sober Look] $$$ Banks Face Key Hurdle in Libor Fight [WSJ] $$$ RBS plans IPO for U.S. arm Citizens in next two years [Reuters] $$$ John Kerry Brings Democracy to Kyrzakhstan [DI]