Write-Offs: 5.26.16

SnapChat valued at $18 billion; Why Phil Mickelson didn’t get busted; South Carolina man applied for loan so he could purchase meth; and more.
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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: 09.11.12

$$$ Goldman will console itself for its lost $20mm El Paso merger fee with its $220mm profit on the other side of the deal [Dealpolitik] $$$ "What's more, they tend to finance long-term mortgage securities with short-term repo. Typically they borrow from banks for 60-90 days and just roll their loans. Banks don't have to use much capital for securitized short-term loans, so they generally extend credit lines to REITs with no trouble." That sounds great [Sober Look] $$$ Jamie Dimon said some Dimony things today [DealBook] $$$ Mark Zuckerberg wrote the founder's letter in the Facebook S-1 on his phone [SAI] $$$ Kevin Roose went to TechCrunchDisrupt conference, disrupted it [DI, also, also] $$$ Brown Brothers Harriman is looking for a banking analyst in Philadelphia [DBCC] $$$ Moody's Cautions of Possible U.S. Downgrade in 2013 [WSJ] $$$ Integrating Banks Spurs Last-Minute Fears in Europe [NYT] $$$ "A South Carolina woman said she was shocked to discover her ex-boyfriend from 12 years ago has been living in her attic." [UPI] $$$ There may be a jaguar on the prowl in East Hampton [EH Patch via DI]

Write-Offs: 6.19.15

ECB boosts aid to Greece; People have intense feelings about Hamilton being bumped from the ten dollar bill; Libor; Uber; "Motorized surfboard filled with $100,000 worth of meth washes up in Tijuana"; and more.

Write-Offs: 5.10.16

Cliff Asness didn't like the rich hedge fund manager list; The legal tweak that led to disaster for Lending Club; SnapChat founder buys Harrison Ford's old house; Virginia woman pole dances for her 100th birthday; and more.

Write-Offs: 09.24.12

$$$ Tables turn on Spain with pressure to seek bailout [Reuters] $$$ Maybe David Viniar will be Goldman's chairman when Lloyd retires and Gary is CEO? [WSJ] $$$ "The study found that for a sample of modifications to securitized subprime mortgages, a 10 percent reduction in the monthly payment was associated with a 4.5 percentage point reduction in the twelve-month redefault rate." [New York Fed] $$$ "If Apple continues on its current trajectory, something remarkable might happen on April 9, 2015, at around 11 a.m. That is, statisticians and investors I've spoken with say, a conservative estimate of when Apple could become the first company ever to be valued at $1 trillion." [NYT!] $$$ Welcome to the world Quartz! [Qz] $$$ "To call the Berenstains anthropomorphized bears insults both humans and bears." [NetNet / John Carney] $$$ Credit Suisse is looking for a research analyst for commodity strategies in asset management in New York [DBCC] $$$ U.S. Corporate Bond Tally Could Top $100 Billion in September [WSJ] $$$ Meredith Whitney is still pretty sure banks will fire a lot of people [CNBC] $$$ William Cohan confuses himself horribly about Whaledemort [Bloomberg] $$$ Mario Batali is paying $1.15mm to Del Posto employees to settle a lawsuit over wages, tips, overtime and discrimination [Diner's Journal] $$$ Hillary Clinton Aide Tells Reporter To “Fuck Off” And “Have A Good Life” [BF] $$$ Mitt Romney Doesn’t Get Why Airplane Windows Don’t Open [DI]

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.

Write-Offs: 10.12.12

$$$ Nobel Peace Prize for European Union, Mired in Crisis [NYT] $$$ JPMorgan cuts banker pay, a sign of more frugal times on Wall St [Reuters] $$$ Goldman Ex-Programmer Asks Court to Throw Out Charges [WSJ] $$$ Workday Soars 74% in Debut [DealBook] $$$ My Employees 'Filled With Anxieties These Days': Wynn [CNBC] $$$ Secret Service agent arrested in Miami after passing out drunk on a sidewalk [NYDN] $$$ French towns launch debt strike over "toxic" Dexia loans [Reuters] $$$ Repealing Deductions Pays for 4% Tax Cuts, Study Says [Bloomberg] $$$ RBS Says Santander Drops 1.7 Billion-Pound Purchase [Bloomberg] $$$ Wyclef Jean's charity in Haiti allegedly isn't so great, though his watch collection is [NYT] $$$ Gawker gives (excellent) investing advice [Gawker]

Write-Offs: 11.11.15

Bond trader bonuses down; SnapChat gets reality check; Bernanke talks easy money; "Groupon Is Selling a Clip-In Manbun"; and more.