Twitter needs to get its sh*t together; China looking for scapegoat; Hedge fund losses; "One-Wheeled 'Hoverboard' Rolling Onto Market"; and more.

$$$ Mitt Romney overpays his taxes, is rich [WaPo] $$$ Goldman Sachs is rolling out a hedge fund investing platform [Reuters] $$$ The ECB's pretend-you're-a-central-banker online game has a single mandate [Economist] $$$ SEC Said to Scrutinize Private Equity on Share of Payout [Bloomberg] $$$ Kato Kaelin Has a 'Gut Feeling' O.J. Simpson Was Guilty of Double Murder [ABC] $$$ BoNY Mellon is looking for a wealth management senior sales director in Greenwich [DBCC] $$$ EU in talks over Spanish rescue plan [FT] $$$ California found some more debt that it owes [NYT] $$$ Behind the Scenes, Some Lawmakers Lobby to Change the Volcker Rule [DealBook] $$$ Bank of America Is Now Stealing From Child Actors, Allegedly [Gawker]

Clinton says Sanders doesn't know sh*t about Wall Street; Bats Global's IPO said to be oversubscribed; Guinness record for human mattress dominoes broken with 1,200 participants; and more.

JP Morgan kills voicemail; SEC wants clawback restrictions; "Montana motorist cited for driving with car full of bees"; and more.

SABMiller needs more time; SEC gets tough with JP Morgan; "Canadian restaurant stuffs burger with Reese's Peanut Butter Cups"; and more.

$$$ Banks’ M&A earnings drop to Lehman low [FT] $$$ Spain's crisis budget aims at spending cuts not tax rises [Reuters] $$$ There isn't really a Spanish deposit flight [FTAV] $$$ SEC Charges Investment Bank Analyst with Illegally Tipping College Friend About Nonpublic Merger Deals [SEC] $$$ Lawyer for Ex-Goldman Programmer Criticizes Prosecutors and Firm [DealBook] $$$ "Hedge Fund Pivot Joins BTG to Defy Bacon’s Investment Desert" is a real Bloomberg headline [Bloomberg] $$$ Canada cheese-smuggling ring busted [BBC] $$$ TCW is looking for a credit analyst in LA [DBCC] $$$ RIM's Earnings Beat Expectations; Shares Up 16% [WSJ] $$$ Geithner Urges an Overhaul of Rules on Money Market Funds [DealBook] $$$ SEC’s Gallagher Calls for Floating Price for Money Market Funds [Bloomberg] $$$ Mortgage rates are at all-time lows [CR] $$$ Houses on "Places" cost more than houses on "Streets" [Atlantic Cities] $$$ This happened [Twitter]

$$$ Inside a Star Hedge Fund: Lots of Big Bets, Built Fast [WSJ] $$$ 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]

Ex-Citi exec claims whistleblower mistreatment; Marissa Mayer dodges bullet; So it turns out my dead father worked in porn; and more.