When that happens, they will take the write down and let us fend for ourselves.
The effect on valuations has already forced Amazon to take a write down on its investment in Groupon rival Living Social .
New York is a great town for independence, he says, but the isolation also creates conditions for quirky community: "You have more people here who will read your stupid posting while walking their dogs, and take time to write your number down and respond, than anywhere else, " he says.
If someone has threatened, insulted, or otherwise vexed you in some non-criminal way, and you want it put on record, write it down, take it to a notary public, and sign it in their presence.
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It believes that eurozone governments will have to take a hair cut and accept a write-down on their loans.
Take 10 minutes to go through each one and write down a few facts that will give you context later.
They do not address the problem of multiple claims on the same underlying assets, for instance: that would probably require banks holding junior liens to take a more realistic view of their value and write them down.
"If you take into account the impact on leveraged loans, we had to write down 2.2bn euros in the third quarter of 2007, " he told me.
Ask your hotel concierge to write down addresses for taxi drivers, and remember to take a hotel card with the address in Chinese characters for the return trip.
As you read it, write down the 3 or 4 most immediate key lessons that you take away from the story.
So as 2012 begins and we toast the birth of a new year, I invite you to take a sip from the RedNek wine glass, think of Pat Gunkel and write down on that cocktail napkin the happy returns you can expect when you invest in creating a culture of ideas.
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