Write-Offs: 3.15.16

Jefferies reports losses; RBS plans cuts; Short who got Valeant right on trial; Drunken circus worker takes tiger cub for a walk at shopping mall; and more.
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Write-Offs: 2.26.16

Short sellers hitting energy at near-crisis levels; RBS pays CEO £3.8m as it reports £2bn loss; 38% of Florida voters believe Ted Cruz could be the Zodiac Killer; and more.

Write-Offs: 8.6.15

Greek bailout deal by August; Hedge fund losses; "Man allegedly takes drunken drive onto active New Orleans runway"; and more.

Write-Offs: 10.30.15

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Write-Offs: 5.11.16

Ackman says "material progress" has been made at Valeant; Rubenstein surprised macro hedge funds failed to spectacularly; Key West police rescue woman from giant banyan tree; and more.

Write-Offs: 4.14.16

Bill Miller buys Valeant; BofA sees more cuts coming; Florida man plans to use 'ocean bubble' to travel to the Caribbean; and more.

Write-Offs: 1.28.16

China; Stress tests; Another broker cleared in Libor trial; "World's Greatest Athlete Plays Ping-Pong With His Penis"; and more.

Write-Offs: 05.17.12

$$$ Santander, BBVA Among Spanish Banks Downgraded By Moody’s [Bloomberg] $$$ Spain denies bank run reports [FT] $$$ Big banks need extra $566bn, says Fitch [FT, FTAV] $$$ Icahn Takeover of CVR Gets Support From 55% of Holders [Bloomberg] $$$ JPMorgan's Dimon says will testify before Congress [Reuters] $$$ Occupy Wall Street is staging an intervention with Jamie Dimon [NC] $$$ BlackRock is looking for a performance analyst in Princeton [DBCC] $$$ At CME, an Uproar Over Trading Hours [WSJ] $$$ SEC Probes Role of Hedge Fund in CDOs [WSJ] $$$ Which Biglaw Firm Accidentally Released Embarrassing, Unredacted Documents About Goldman Sachs? [ATL] $$$ Floyd Norris: "For market makers, who may buy unwanted securities that customers want to sell, hedging may be wise and prudent. But it will also be short term, until the bank trades out of whatever position it took on in the course of making the market. But if banks hedge long-term investments, as JPMorgan evidently did, the hedge is also likely to be long term. It will consist of buying something that, in normal times, should move in the opposite direction of their investment. The result is that they will be making convergence trades that are indistinguishable from what Long Term Capital Management did. Given the size of the big banks, they will have to do so in huge volumes that can come back to haunt them if markets move the wrong way." [NYT] $$$ The Boldface Names on the Witness List for Gupta’s Trial includes Lloyd Blankfein, Gary Cohn, Ken Chenault, Raj Rajaratnam, James Barnacle, and Adam Smith [DealBook]