October 18, 2021
Updated:
Original:

Write-Offs: 12.10.15

Economists convinced on rate hike; Warren Buffett of China is missing; "Naked man who carjacked a Federal Express delivery truck--but then fled the vehicle when he could not figure out how to drive it--has been arrested"; and more.
Author:

$$$Economists Are Convinced Fed Will Raise Rates in December [WSJ]

$$$Hedge fund partners at startup Livia split before they even begin: sources [Reuters]

$$$China's 'Warren Buffett' missing: Report [CNBC]

$$$High-Yield Fund Blocks Investor Withdrawals [Dealbook]

$$$John Thain’s Tin Ear Survives to the End at CIT [Dealbook]

$$$A naked man who carjacked a Federal Express delivery truck--but then fled the vehicle when he could not figure out how to drive it--has been arrested, according to California police. [TSG]

$$$Theranos wants to convince the world it’s for real. [Bloomberg / Sheelah Kolhatkar]

$$$Herbalife Attorney Lobs Threat at Ackman Team Over Research Tactics [FBN]

$$$Morgan Stanley in $225 million deal with U.S. regulator over mortgage bonds [Reuters]

$$$You Can Now Study Pizza At College [HP]

Related

Write-Offs

Write-Offs: 9.15.15

Jefferies sued over 'women as sex objects' culture; Ex-Yellen aide thinks rate hike would be a bad idea; "7-Eleven offers 'Date Night' delivery of ice cream and condoms"; and more.

Write-Offs

Write-Offs: 10.22.15

Valeant; Icahn; Alphabet; Dorsey; "Domino's unveils delivery vehicle with built-in oven"; and more.

Write-Offs

Write-Offs: 01.28.13

$$$ Hedge fund scorecard 2012: Mortgage masters win, Paulson on bottom again [Reuters] $$$ Watchdog Says U.S. Treasury Failed to Curb AIG, GM Pay [Bloomberg] $$$ Buffett Said to Have Expressed Interest in Buying NYSE Euronext [DealBook] $$$ Yahoo Profit Drops but Revenue Rises [CNBC] $$$ Henry Blodget got on a plane and the plane went way up in the sky and it was good to be on the plane but then there was pee-pee on the plane and the pee-pee wasn't good [BI, but mostly Twitter] $$$ A global financial firm is looking for a quant in New York [DBCC] $$$ Jana Chides Agrium Over CEO Comments [Deal Journal] $$$ FTC Action Leads Court to Halt Alleged Pyramid Scheme [FTC] $$$ People don't want to kill robots [NPR] $$$ Here is an amazing picture of the Queen of the Netherlands, who quit today [Qz]

News

Write-Offs: 11.30.12

$$$ Plaintiffs' lawyers somehow turn nonbinding "say on pay" votes into shakedown opportunity [Reuters, related] $$$ How a desperate HP suspended disbelief for Autonomy deal [Reuters] $$$ Virtu, Getco Start Examining Knight Trading’s Books [Deal Journal] $$$ Carl Icahn and the Oshkosh board are still fighting [WSJ] $$$ National Bank of Poland Working Paper: "Would it have paid to be in the eurozone?" (Spoiler: no) [NBP] $$$ John Cochrane and Cliff Asness critique Warren Buffett on taxes [Grumpy Economist] $$$ Somebody's using bitcoins [BBW] $$$ A financial institution is looking for a risk manager in Charlotte [DBCC] $$$ Detroit on the Verge of Insolvency, Again [WSJ] $$$ Duke Energy’s Latest C.E.O. Drama [DealBook] $$$ Goldman Pushes Subprime ABX Index as Housing Rebounds [Bloomberg] $$$ BlackRock, Rialto Dump Some of Their ‘Skin’ in CMBS Game [MarketBeat] $$$ Lindsay Lohan Gets Unsolicited Legal Advice from Manhattan Madam Kristin Davis [NYO]

Write-Offs

Write-Offs: 05.24.12

$$$ European Economic Outlook Dims Amid Leaders’ Impasse [NYT] $$$ U.S. Bank Lending Falls, Profits Rise [WSJ] $$$ Buffett’s Goldman Deal Is Topic in an Insider Case [DealBook] $$$ Study Finds Germans Incapable of Enjoying Life [Der Spiegel] $$$ This happened: New York nun asks Blankfein if he'll hire her, Blankfein says "I don't think I couldoutbid your current employer" #godswork— Tracy Alloway (@tracyalloway) May 24, 2012 $$$ Man who formerly claimed to be a "certified member of the quiet society of pimps" and asked to be certified as an expert witness in pimpology now says "I was a failure as a pimp. I was a much better car salesman, I was a much better telemarketer, I was much better when I was selling mortgages by phone. I really wasn't very good at it. A lot of it was exaggerated." [NYP, earlier] $$$ A leading electronic trading platform is looking for a CDS / fixed income sales associate [DBCC] $$$ Big European funds dump euro assets [FT] $$$ Facebook market makers' losses total at least $100 million [Reuters] $$$ This is some enjoyable Eliot Spitzer schadenfreude [Concurring Opinions] $$$ "The festival features 10 different types of bacon, plus all things bacon — bacon sausage, bacon meatballs, bacon doughnuts, bacon butterscotch cupcakes — even a walking slab of bacon! There’s a bacon-eating contest, bacon lectures and a bacon song contest — and yes, there’s a crowning of the Bacon Queen! Contestants are asked questions like their favorite memory of bacon, their favorite kind of bacon and their favorite way to cook bacon (the most common answer is “naked,” incidentally)." [CNBC] $$$ Unabomber lists self as ‘prisoner’ in Harvard directory [Boston Globe]

Write-Offs

Write-Offs: 10.10.12

$$$ S&P cuts Spain credit rating to BBB-minus, near junk [Reuters] $$$ E-Mails Appear to Back Lawsuit’s Claim That Equity Firms Colluded on Big Deals [DealBook] $$$ Tarullo Calls for Cap on Bank Size [WSJ] $$$ Political backlash over BAE deal collapse [FT] $$$ First-week Bain Capital analyst sort of attempts to buy Gawker, Gawker explains birds and bees, analyst concludes "This is awkward." [Gawker] $$$ A financial services firm is looking for an enterprise risk manager in Philadelphia [DBCC] $$$ Stocks Skid Into Earnings Pothole [WSJ] $$$ Narula Masters Fed, Beats Funds With 500% Gain [Bloomberg] $$$ Citing Deep Data Collections, Senator Opens Inquiry of Information Brokers [NYT] $$$ Pro-Life Congressman Recorded Himself Convincing Mistress to Get an Abortion [DI]

Write-Offs

Write-Offs: 04.16.12

$$$ Argentina to Seize Control of Oil Firm [WSJ] $$$ World Bank picks Kim as next head [FT] $$$ Coty Tries to Rally Support for Avon Bid Amid Skepticism [DealBook] $$$ Brazil Cannibal Empanadas: Brazilian Women Murdered, Eaten And Made Into Human Pastries [HuffPo, congrats on the Pulitzer] $$$ PIMCO is looking to fill tax manager positions - in regulated and private funds - in Newport Beach [DBCC] $$$ New York Jets All-Pro D'Brickashaw Ferguson, will be on Wall Street (Exchange Place and Broad Street) at 3:45pm tomorrow as part of The Decathlon 2012. Ferguson will be demonstrating how The Decathlon uses performance-based donating ('charitybets') to raise money to support Memorial Sloan-Kettering Cancer Center. He'll be charitybetting on any Wall Streeter to come out and participate in a Vertical Jump contest. Ferguson will have a Vertec (devise used at the NFL Combine to test vertical leaping) and a few thousand dollars - CASH - to donate to MSKCC. Jump 24-inches, Ferguson donates $100. Jump $26-inches, Ferguson donates $200. And so on and so forth. Registration for The Decathlon 2012 opens Tuesday, April 17th. The event is on Sunday, July 29th at Columbia University's Wien Stadium. $$$ For Two Economists, the Buffett Rule Is Just a Start [NYT] $$$ Following Other People's Stock Picks Just Got Easier but why? [Bloomberg] $$$ What is Carney talking about? [Reuters / Ben Walsh] $$$ ECB staff demand inflation protection [Money Supply] $$$ Rock Out With Your Cock Out: Penis Warmers Are Now a Thing [Fashionista] $$$ Breasts lead to arrest of Anonymous hacker [CNET]

Write-Offs

Write-Offs: 11.18.15

BlackRock winding down macro fund; Fed minutes suggest December liftoff; "A Chinese billionaire bought a $170 million painting with an American Express to get the points"; and more.