Write-Offs: 4.22.16

Mike Mayo wants Citi, BofA, Comerica to shrink faster; Argentina's holdout saga is over; British pub offers women help with Tinder dates 'gone wrong'; and more.
Author:
Updated:
Original:

$$$Mike Mayo: Citigroup, BofA, Comerica Should Shrink Faster [ValueWalk]

$$$U.S. Money Managers Avoid Brunt of Dodd-Frank Bonus Crackdown [Bloomberg]

$$$A $30 billion hedge fund had staff program a robot to play air hockey [BI]

$$$Alphabet stock slips after results but brokerages stay bullish [Reuters]

$$$ "According to the promotional video, the D!ldo Drone is hands-free, allowing users to simultaneously indulge in other pleasures, like eating burgers and drinking beer." (NSFW$$$ Dell’s SecureWorks Has Lackluster Trading Debut [NYT]

$$$Argentina puts end to long holdouts saga [FT]

$$$British pub offers women help with Tinder dates 'gone wrong' [UPI]

Related

Write-Offs

Write-Offs: 3.20.15

Citi trader fired; Tinder needs a new CEO; "Dustin Diamond threatened to stab a man for refusing to chug bottle of Smirnoff Ice"; and more.

Write-Offs

Write-Offs: 11.09.12

$$$ Crédit Agricole Posts Record Loss After Greek Sale [WSJ] $$$ Dimon: America Still The Best There Is [CNBC] $$$ Regulators Postpone Some Basel Rules [DealBook] $$$ Jury Is Told Ex-UBS Trader Was Made a Scapegoat for Bank’s Woes [DealBook] $$$ U.S. judge insists Argentina must pay holdout creditors [Reuters] $$$ Charles Darwin Gets 4,000 Votes in Georgia Congressional Race [DI] $$$ The SEC is looking a financial economist in the Division of Risk, Strategy, and Financial Innovation, Office of Risk Assessment and Interactive Data in DC [DBCC] $$$ Exec Who Allegedly Enabled Fraud Runs Chase’s Effort to Compensate Foreclosure Victims [ProPublica] $$$ A Run on Groupon’s Shares as Growth Slows Again [DealBook] $$$ Judge: Kodak Didn’t Mislead Market By Keeping Mum on Bankruptcy Prep [Deal Journal] $$$ "The IMF, on the other hand, is an old hand at bailouts and has learned a lot of expensive lessons. It isn’t willing to throw money into Greece without an actual, credible plan, as opposed to the tissue of optimistic assumptions and politically conditioned forecasts that the EU habitually uses to disguise the true state of affairs from itself and the voters." [Via Meadia] $$$ A trip to outer space (that will "qualify you as an official astronaut") — for just $95,000 [MW]

Write-Offs

Write-Offs: 12.07.12

$$$ Goldman Fined for Failing to Block Trader’s $8.3 Billion Bet [Bloomberg] $$$ Key SEC Holdout in Money-Fund Overhaul Reverses Stance [WSJ] $$$ Canada Approves Cnooc-Nexen Deal [WSJ] $$$ JPMorgan nears £500m bonus tax deal [FT] $$$ Rant: At Top Law Firms, a Class Conflict During Bonus Season [BBW / Elie Mystal] $$$ Lloyd bought a house [DealBook] $$$ The 200 West Street Goldman cafeteria (1) is really very good, (2) features food from a former banker [DealBook] $$$ 100 Women in Hedge Funds names Ivanka Trump to its board, consists of 10,000 women, mostly not in hedge funds [AR] $$$ UBS is looking for a credit officer for securities backed lending in New Jersey [DBCC] $$$ Morgan Stanley's 2013 adviser pay to reward new loans [Reuters] $$$ Brokers Must Disclose Bonuses to Clients in Finra Proposal [Bloomberg] $$$ "It’s always a mistake to use microeconomic intuition in macro," quantitative easing edition [Scott Sumner] $$$ Whale’s Trade in Comeback as Junk Fervor Fades [Bloomberg] $$$ "If Harvard wishes to retain its primary existence as a gigantic profit-maximizing hedge fund ..." [American Conservative via John Carney] $$$ Ivy League Cracks Down as Students Spiral Out of Control [Bloomberg] $$$ "I am tired of fooling around, he said. I’m forming a legal team. We have case studies, an office outside Lexington. He swept the strips off the table and held the beak in the air. We’re looking for a poet to write our anthem!" [The Awl]

Write-Offs

Write-Offs: 11.20.15

Greece to get 2 billion euros Monday; Argentina lures big money managers; Snapchat might not actually be worth $16 billion; "Prison Ahead For Woman In Vagina Gun Case"; and more.

Write-Offs

Write-Offs: 03.04.13

$$$ Buffett Picks His ‘Bear’ for Annual Meeting [DealBook] $$$ Wall Street’s latest idea: collateral transformation [FT] $$$ Nasdaq executing trades at a loss [FT] $$$ "Las Vegas Sands is disputing reports out late Friday that it likely violated the Foreign Corrupt Practices Act," even though those reports included its own 10-K [CNBC] $$$ Mike Mayo has a lot to say about not being invited to meetings and stuff [CNBC] $$$ Fake bishop sneaks into Vatican meeting with 100 real cardinals [NYDN] $$$ Susquehanna is looking for operations analysts in New York [DBCC] $$$ The Effect of Underreporting on LIBOR Rates [St. Louis Fed] $$$ Big redemptions unlikely if Avenue loses Lasry to Parisian embassy [HFI] $$$ Icahn Foe Rachesky Joins Mentor Attack on Navistar [Bloomberg] $$$ The M&A pickup [FTAV] $$$ 'Batman' brings in suspect to Bradford police [BBC]

News

Write-Offs: 01.02.13

$$$ Moody's says more steps needed to save US credit rating [Reuters] $$$ Avis to Buy Car-Sharing Service Zipcar [WSJ] $$$ There's going to be a re-settlement of the mortgage settlement [NYT] $$$ BofA Could Join JPMorgan Selling Units to Boost Value, Mayo Says [Bloomberg] $$$ Greek Official Resigns Amid Bank Scandal [WSJ] $$$ The Great Canadian Maple Syrup Heist [BBW] $$$ A leading financial services firm in Chicago is looking for a corporate strategy & development associate or VP [DBCC] $$$ Up and Down for Einhorn's Greenlight in December [Alpha] $$$ Do Corporations Have Religious Rights? [Law Blog] $$$ You Disgust Me, Christie Tells Boehner in Storm Over Aid [CNBC] $$$ “If somebody had told me I was going to be a high school math teacher in Dallas, Texas, when I entered college, I’d be like, ‘No, there’s no chance of that being true,’ ” said Mr. Dearing, who has deferred an offer from McKinsey. The teaching skills easily translate to office environments, he said. “I’m effectively the leader, every day, for 46 minutes, in front of seven different groups,” Mr. Dearing said. [DealBook]

Write-Offs

Write-Offs: 12.05.12

$$$ Geithner: Ready to Go Over 'Cliff' If Taxes Don't Rise [CNBC] $$$ Republicans weigh swallowing tax hike on the wealthy [Reuters] $$$ SEC's Top Markets Official to Leave [WSJ] $$$ Wells Fargo Banker Sued by SEC in Probe of Insider Trading [Bloomberg] $$$ Paulson Says Real-Estate Fund Performing Well [WSJ] $$$ John McAfee Seeks Asylum, Thanks God for 'Sanity' [ABC] $$$ A Chicago-based proprietary trading firm is looking to hire a quantitative futures analyst/trader [DBCC] $$$ Facebook To Join QQQ’s Index Dec. 12 [IndexUniverse] $$$ Nasdaq attorney calls on SEC to review proxy rules [Reuters] $$$ Europe bond market set for holdout reform [FT] $$$ Will Citi's Massive Layoffs Be Enough? [CNBC] $$$ Man Shoots Girlfriend in the Back for Not Taking the Possibility of a Zombie Apocalypse Seriously [Gawker]

Write-Offs

Write-Offs: 10.16.15

Tinder ('s parent company) files for IPO; Kweku Adoboli finished in finance; Wall Street hearts Jeb; "Supporter shaves Hillary’s face into her own hair"; and more.