Write-Offs: 3.8.16

Tom Hayes denied latest appeal bid; U.S. watchdog warns on banks’ counterparty exposures; Meth-Smoking Clown Arrested At Waffle House; and more.
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$$$Tom Hayes Denied Latest Bid to Appeal Libor Conviction [Dealbook]

$$$Citigroup Says Markets Revenue to Drop 15% in First Quarter [Bloomberg]

$$$U.S. Watchdog Warns on Banks’ Counterparty Exposures [WSJ]

$$$Fed Likely to Stand Pat, Keep Options Open for April or June [WSJ]

$$$World’s Least Efficient Thief Steals $200,000 in Quarters [DI]

$$$Diamond Resorts and Its Perpetual Mortgage Machine [SIRF / Roddy Boyd]

$$$Lumber Liquidators Falls as Tilson Shorts It for Second Time [Reuters]

$$$Meth-Smoking Clown Arrested At Waffle House [TSG]

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