Write-Offs: 2.18.16

Citi chief gets a raise; Survey says rate hike coming; Clumsy criminal crashed through ceiling of Popeyes; and more.
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Write-Offs: 11.12.15

Goldman women gain ground; Economists see rate rise coming in December; Gundlach says buy India; "Man Says Buying Hot Pockets Saved Him From Plane Crash"; and more.

Write-Offs: 8.24.15

Market crash; Rate hike; Activists; "Woman bites rider who asks to move bag from seat in New York subway"; and more.

Write-Offs: 08.08.12

$$$ Ex-UBS Traders Offered Deal by U.S. in Rate Probe [WSJ] $$$ The history of the invention of Libor [Reuters] $$$ British MPs accuse US of anti-City agenda [FT] $$$ Why investors should avoid hedge funds [Reuters / Felix Salmon] $$$ "Brazilian central bank employees staged their first work stoppage in five years today ... demanding an average pay increase of 23 percent to compensate for inflation since June 2008." [Bloomberg via Slate] $$$ Pole Vaulter Realizes It’s Not His Day As His Pole Shatters Mid-Vault [Deadspin] $$$ J.P. Morgan is looking for a Java developer to work on interest rates derivatives pricing [DBCC] $$$ Carbon Credits Gone Awry Raise Output of Harmful Gas [NYT] $$$ "I propose an expanded system of company registration under which companies would have to trade in private markets for a seasoning period, with mandatory disclosure, before they would be allowed to sell their shares to the public at large." [Harvard Law] $$$ On retail vs. institutional investors: "As for small investors vs. little guys, there’s a difference. If you have enough money that you’re investing it through brokers, I personally don’t count you as small, even if you appear small to Goldman Sachs." [Mathbabe] $$$ A Hundred Horses Are Ford’s Pride After Flipping Tainted Banks is really a Bloomberg headline [Bloomberg] $$$ Beck's next album will be released only as sheet music [McSweeney's]

Write-Offs: 06.08.12

$$$ Europe Considers a Spanish Bank Rescue [Bloomberg] $$$ S&P says U.S. to avoid "fiscal cliff", risks remain [Reuters] $$$ "The fact is that if UBS ended up losing anywhere close to $350 million on Facebook stock, it has no business being in the equity capital markets at all." [Felix Salmon] $$$ Groupon is Now Giving Groupons ... for Groupon [NYO] $$$ Who cheats more, bankers or politicians? Disappointingly, bankers, according to a survey conducted in bars [Wonkblog] $$$ John Carney takes the pulse of Wall Streeters "waiting for a fourth martini at a once-fashionable midtown bar," "at a tavern along a cobble-stoned street in the financial district," "[a]t Stone Rose in the Time Warner center" and "having a drink with a colleague at Emmett O’Lunney’s" [NetNet] $$$ Are you a credit risk specialist? Any interest in analyzing credit risk for the National Rural Utilities Cooperative Finance Corporation in Dulles, VA? [DBCC] $$$ Citi Won't Request Stock Buyback This Year [WSJ] $$$ Gupta ‘Highly Likely’ to Take the Stand, Lawyer Says [WSJ Law Blog] $$$ After reading a passage about the prospect of Goldman buying a bank, Mr. Naftalis asked the chief executive if he had read the portion correctly. “Yes,” replied a smiling Mr. Blankfein, who glanced from the jury to the judge. “You read it well.” Judge Jed Rakoff, prone to making jokes during trial himself, belted out a laugh, and the courtroom followed. [DealBook] $$$ This year’s Nathan’s Hot Dog Eating Contest is expected to be even more heated than usual now that ESPN, which televises the July 4 competition, has pushed the start time later to accommodate the sports network’s first-ever coverage of Wimbledon. ... Major League Eating president George Shea said he expects the later 3 p.m. start time to also drive up ratings for the glutton-fest, which attracted 1.9 million live viewers last year. But he admits the mid-afternoon heat “should make it much more difficult” for the dog devourers to break Joey Chestnut’s 2009 world record of 68 hot dogs and buns in 10 minutes. “Heat causes the buns to crisp up more and the dogs to expand, making a run at the record nearly impossible,” said professional eater and perennial Nathan’s contestant Jason “Crazy Legs” Conti. [NYP] $$$ Vampire High Priest Loses Religious Civil Rights Case [ATL]

Write-Offs: 9.14.15

Pimco sees less than 50% chance of rate hike this week; Credit Suisse dark pool settlement; "Bride Nearly Run Over by Drunk Wedding Guest"; and more.

Write-Offs: 12.03.12

$$$ S.E.C. Charges the Chinese Affiliates of 5 Big Accounting Firms [DealBook] $$$ Morgan Stanley wealth unit aims to close lending gap [Reuters] $$$ "Through the end of November, U.S. companies with below investment-grade ratings sold $854 billion in junk-rated bonds and 'leveraged' loans, a record amount that outpaces the $785 billion sold in all of 2011 and even the $825 billion sold in 2007 before the financial crisis." [Deal Journal] $$$ Is Spying on Corporate Jets Insider Trading? [NetNet / John Carney] $$$ 180 Minutes With [former Top Model contestant and current Citi equity derivatives saleswoman] Kim Stolz [NYM, earlier] $$$ The Pope will start tweeting eventually [NYT] $$$ A top-tier financial firm is looking for a securities lending analyst in Stamford [DBCC] $$$ Credit Suisse is paying negative interest rates on some SFr cash balances [FTAV] $$$ Lawyer Says Trader Did Not Manipulate Market [DealBook] $$$ Oracle to Pay Three Dividends in December [WSJ] $$$ El Paso's $110 mln settlement over Kinder Morgan deal approved [Reuters] $$$ Romney Rejoins Board of Marriott [WSJ] $$$ Whisky Restores Eyesight of Man Who Was Blinded by Vodka [Gawker]

Write-Offs: 08.27.12

$$$ M&T To Buy Hudson City In Deal Valued At $3.7 Billion [Bloomberg] $$$ Best Buy Founder Gets Green Light to Pursue Buyout [WSJ] $$$ Don't all M&A processes leak and push up the target stock price? Anyway, Deltek's did [Term Sheet] $$$ Mike Evans heats up Goldman succession speculation by buying an apartment [DealBook] $$$ Americans Think the Rich Are Smarter, But Greedier [CNBC] $$$ Quincy Jones 'knew of alleged plot by Steve Wynn to kill founder of Girls Gone Wild and hide his body in the desert' say court documents [Daily Mail] $$$ Prudential is looking for an associate manager for derivative products [DBCC] $$$ In Dollar Thrifty Deal, Hertz Bets Big on Certainty of Closing [DealBook] $$$ Delaware court affirms $2 bln Southern Copper judgment [Reuters] $$$ Allowing mortgage cramdowns raised mortgage rates by 10-20bps for risky borrowers [Credit Slips] $$$ The Sharapova Effect: you try harder to succeed in sports if you're good-looking enough to get lots of endorsement deals [Freakonomics] $$$ “Remember when McDonald’s used to be called Mickey D’s?” asks Becky Johnson, a senior vice president at Applebee’s. “That was a street slang term, people playing with the name. We found out that ‘the bee’s’ is how the kids are describing Applebee’s.” By “kids,” she means twenty- and thirtysomething singles who may eat at Applebee’s with co-workers or family members, but who generally go elsewhere—like, to an actual bar—at night and on the weekends. “The bee’s is an overt invitation to them,” says Johnson. “We want them back.” [BBW]

Write-Offs: 07.20.12

$$$ Spain's Recession to Linger as Austerity Bites [WSJ] $$$ Euro Bailout Bid Gets Vote Of No-Confidence [Bloomberg] $$$ As the Justice Department weighs the possibility of criminal charges in the unfolding Libor rate-setting scandal, it may want to consider the record of the Swiss banking giant UBS. At UBS, a series of immunity, nonprosecution and deferred prosecution agreements in recent years — evidently the government’s preferred approach to corporate crime — seems to have had scant, if any, deterrent effect. “It’s depressing,” Representative Peter Welch, Democrat of Vermont, a member of the House oversight committee, told me this week after we discussed UBS’s recent transgressions. “The Justice Department has to decide: Is the day of consent decrees and settlements, where you pay a fine, one passed on to shareholders, are those days over? Are the days of jail time here?” [NYT] $$$ Jamie Dimon Opens Wallet For JPMorgan Shares, Picks Up 500000‎ [Forbes] $$$ Someone stole hundreds of David Hasseloff life-sized cutouts [NYDN] $$$ Credit Suisse chair says board backs Dougan [Reuters] $$$ Ex-BofA Executive Indicted For Fraud In Municipal Bond Probe [Bloomberg] $$$ BMW ‘stolen’ from Hooters is found [WaPo]