Write-Offs: 4.20.16

NY wants foreign banks to turn over Panama records; Blackstone hedge funds falls 15%; Motorist Crashes Into Walmart, Blames God; and more.
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Write-Offs: 03.28.13

$$$ S&P 500 Breaks Record [WSJ] $$$ M&A Stumbles Amid March Deal Drought [Bloomberg] $$$ An interview with Athanasios Orphanides: What happened in Cyprus [Economist] $$$ Sarkozy: from the Elysée to private equity [FT] $$$ Embattled DOE-Grant Recipient Changes Name from A123 to B456 [WFB] $$$ Posting will be light tomorrow for Good Friday. Enjoy the holiday; we'll see you back here on Monday. $$$ Dell paying Blackstone's bills [Fortune] $$$ Investors sue RBS over 2008 rights issue [FT] $$$ REITs Trigger Fed Warning as Kain Tops $100 Billion [Bloomberg] $$$ Citi Sails Back Into 'Synthetic' Securities [WSJ] $$$ New York Is ‘By Far the Least Free State’ in America, According to Some People [DI] $$$ THE OTHER SIDE OF THE GITMO STRIKE: Detainees Are Treated Absurdly Well Compared To Business Insider Reporters [BI]

Write-Offs: 06.21.12

$$$ Doubts Rise Over EU Bank Metrics [WSJ] $$$ Race to save euro will follow ‘Grexit’ [FT / Willem Buiter] $$$ Falcone’s Harbinger Capital Turns To Dell’s MSD For Loan [Bloomberg] $$$ Oracle CEO Larry Ellison buys Hawaii island known for pineapples, Bill Gates' wedding [CNN] $$$ "As my closest family and friends, it is important to me set the record straight on some of book’s major inaccuracies." Kerry Killinger appears to be illiterate. [DealBook] $$$ British school calls police to remove pupil 'obsessed' with studying [NYP via DI] $$$ The Decathlon is now open to teams of 3, competing for the title of "Wall Street's Fittest Firm" - sign up today [The Decathlon] $$$ A New Jersey asset management firm is looking for a COO, if you're interested [DBCC] $$$ Red flag at popular Alerian MLP Index ETN [Investment News] $$$ Constellation Brands executives get paid partly in free booze [Footnoted.com] $$$ Does The CFA Exam Waste A Billion Dollars? [BDC Review] $$$ The Terrifying Sex Organs of Male Turtles [io9]

Write-Offs: 02.19.13

$$$ FBI Launches Criminal Inquiry Into Heinz Options Trading [WSJ] $$$ Herbalife Fourth-Quarter Profit Tops Analysts’ Estimates [Bloomberg] $$$ Greenlight shows 'likelihood of success' against Apple -judge [Reuters] $$$ One problem with paying interest on excess reserves is that you pay interest on excess reserves [FT] $$$ Blavatnik hits out at ‘arrogant’ JPMorgan [FT] $$$ "I use psychoanalytic theory to argue that the malevolent object of [Occupy Wall Street's] critique is the father, who, in fulfillment of the paternal function, forces socialization upon us. The world of artificial images is culture, seen from the standpoint of alienation. Their alternative, rooted in their authenticity, with themselves as models, doesn't amount to much." [SSRN via Bainbridge] $$$ "'If you want to protect yourself get a double barrel shotgun, you don't need an AR-15,' Biden said, referring to a type of semi-assault weapon. 'You don't need an AR-15, it's harder to aim, it's harder to use...buy a shotgun. Buy a shotgun.'" [TPM] $$$ A leading hedge fund administrator is seeking a project manager / business analyst [DBCC] $$$ OfficeMax, Office Depot in Talks to Merge [WSJ] $$$ Is Linn Energy ponzi-ish? [Bronte Capital] $$$ Institutional buyers jostle for position in new infrastructure debt market [Euromoney] $$$ Multimillion Diamond Heist at Brussels Airport [WSJ] $$$ A guy wrote a book that, unlike every other book, "paints a picture of a fast-moving, high-stakes, ego-fueled market controlled by a handful of traders. The champagne flowed when profit was strong, he said, but heads rolled over a single miscalculation." [DealBook] $$$ "[W]e are very well-versed in the legend of the power breakfast, but we will enhance it with our own culture ...” [NYP]

Write-Offs: 4.13.16

CME Group to close NY trading floor by end of 2016; Argentina v Hedge funds may soon be over; New York man watches 94 hours of TV for Guinness record; and more.

Write-Offs: 09.26.12

$$$ IMF, EU clash over Greece's bailout prospects [Reuters] $$$ No Prison Time Likely For Accused Manhattan Madam [WSJ] $$$ U.K. authorities arrested a former Credit Suisse investment banker on Wednesday in connection with U.S. allegations that he and others at the Swiss bank conspired to inflate the values of mortgage bonds during the financial crisis. [WSJ] $$$ U.S. Banks’ Leverage Should Be Halved to Cut Risks, Bair Says [Bloomberg] $$$ Man pulled over by cops blames reckless driving on pet squirrel [DM] $$$ Hong Kong Tycoon Seeks Husband for Lesbian Daughter [GP] $$$ Bank of America VP Called Seahawks’ Disputed Touchdown Pass [Bloomberg] $$$ Rumble On the Docks: Contract Pits Pinstriped Pinheads Against Roughneck Roustabouts [NYO] $$$ Poll: Romney Ahead in Presidential Race, Say Replacement Refs [New Yorker]

Write-Offs: 01.04.13

$$$ Hedge fund chief Einhorn disappoints, Loeb has big 2012 [Reuters] $$$ JPMorgan Faces Sanction for Withholding Madoff Documents [Bloomberg] $$$ Ackman's Herbalife thesis: someone from the government will help poor people and billionaire hedge fund managers ... [Bronte Capital] $$$ Connections are key for the careers of male Wall Street analysts. For females, it’s education and forecast accuracy [AEI] $$$ Tom Wolfe: "Up until 2006 a spirit of manly daring had pervaded Wall Street’s investment bankers" but apparently not any more [Newsweek] $$$ ‘Teens’ Caught Egging Suburban Home Turn Out to Be Off-Duty Police Officers [Gawker] $$$ Mosaic Financial Markets is looking for a capital markets business analyst in New York [DBCC] $$$ You should buy a lot of Turkish stocks because they're guaranteed to go up! [Bloomberg, FTAV] $$$ New rule could turn U.S. hedge funds into informers on fraud [Reuters] $$$ Cerberus Close to Supervalu Deal [WSJ] $$$ How the World Has Changed [Alea] $$$ Historical Echoes: The Origins of the Piggy Bank [NY Fed] $$$ Finally, the Accessory We’ve Been Waiting For: A Wearable Cat Tail That Wags In Response to Your Heartbeat [Fashionista]

Write-Offs: 03.20.13

$$$ Fed Maintains $85 Billion Pace of Monthly Asset Purchases [Bloomberg] $$$ Lenders Balk at New Cyprus Aid Plan [WSJ] $$$ Medvedev lambasts EU over Cyprus levy [FT] $$$ "A redesigned package may well go “the full Iceland”; look after the locals and shaft the foreigners." [Paweł Morski] $$$ SAC Capital up 4 percent this year as probe continues [Reuters] $$$ "So in the battle of the scumbags, who should we be rooting for? It's kind of like the Russians fighting the Germans during World War II because you want them both to lose." - Charlie Gasparino on Bill Ackman and Carl Icahn [HuffPo] $$$ "Nine top Barclays executives including Chief Executive Antony Jenkins and investment banking head Rich Ricci received £40.3 million ($60.8 million) in shares Wednesday from earlier-year incentive plans, a month after the bank said it would take a stricter line on pay." [WSJ] $$$ Bondholders withdraw claim Penney was in default on bond terms [Reuters] $$$ Synthetic CDOs Making Comeback as Yields Juiced [Bloomberg] $$$ UK-based cannabinoid therapeutics developer GW Pharmaceuticals files for US IPO [Renaissance Capital] $$$ "America's corporate boards could use a Martin Lipton 2.0." [Breakingviews] $$$ Hamptons Landlords Suing Over Reality-Show Semen Stains [DI]

Write-Offs: 10.09.12

$$$ Goldman In Push On Volcker Limits [WSJ] $$$ Julius Baer May Cut More Than 1,000 Jobs After Merrill Deal [Bloomberg] $$$ Blackstone closes historic real estate fund on $13.3bn [PEI] $$$ Copenhagen IBOR has its own scandal [Macro Exposure, related] $$$ And State Street's Danish krone interest rate is negative 0.75% [Bloomberg] $$$ [Larry] Greenfield, who retired after a successful career at Opus Trading in Jericho, Long Island, says he would gladly trade his riches in exchange for finding a woman who meets his exacting standards: beautiful, thin, smart, Jewish, a sense of humor and from New York — but not an “alpha.” ... “I’m not a bad guy. I haven’t been to prison,” he said. “It’s just a very frustrating thing.” [NYP] $$$ Morgan Stanley is looking for a banking and cash management lawyer in Purchase, NY [DBCC] $$$ Imagine a country where challenging the ruling authorities — questioning, say, a piece of data released by central headquarters — would result in mobs of administration sympathizers claiming you should feel "embarrassed" and labeling you a fool, or worse. Soviet Russia perhaps? Communist China? Nope, that would be the United States right now, when a person (like me, for instance) suggests that a certain government datum (like the September unemployment rate of 7.8%) doesn't make sense. - Jack Welch [WSJ] $$$ Jack Welch ‘100%’ Right, Jobs Data Are Wrong: Trump [CNBC] $$$ The Private Equity Wizardry Behind Realogy’s Comeback [DealBook] $$$ "Savoring a long lunch after a morning tending to baby quince and pear trees, the French Senate's 78 gardeners are blissfully untouched by the economic crisis gnawing at Europe's core." $$$ Definitive Proof Rose And Jack Could Have Survived TOGETHER [BuzzFeed]