Well, it isn't apartment 14A/B in 740 Park, but Bernie's $7 million Guantanamo will make most studio and one bedroom NY dwellers green with unponziated envy.

In what is the greatest annual boondoggle in the hedge fund community, the JP Morgan South Beach Conference, this year held February 2-4 in the Loews Hotel, one should be able to spot some very good leading trends of the credit markets for this year.

After losing his shirt, bifocals, and the backup tire of his Jeep Cherokee by assuming that Ford and GM are actually competitive in the global car market, Kirk Kerkorian is allegedly selling one of his prize jewels on the LV strip: the MGM Mirage.

BN 12:09 *BERNARD MADOFF STAYS FREE, MAGISTRATE JUDGE RULES
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*MADOFF IS CHARGED WITH SECURITIES FRAUD IN $50 BLN PONZI SCHEME
*MADOFF HAS BEEN UNDER HOUSE ARREST, GUARD, ELECTRONIC MONITOR
*MADOFF'S ATTORNEY SAID TRANSFER WAS AN `INNOCENT' MISTAKE'
*FEDERAL PROSECUTORS SAID BERNARD MADOFF IGNORED COURT RULING

Yep folks, the man, the myth, the my-mom-does-my laundry womanizer may be gone (only temporarily - you can't get rid of Tim Sykes... something about weeds or cockroaches), but his spirit lives on. Just click here: http://www.greenwichtime.com/ci_11421481

In what might be a blatant example of investment banking schizophrenia, or merely a good-ole "talking up the book", two of UBS key "strategists", Larry Hathaway and David Bianco, in the span of 1 business day, manage to come out with two essentially contradictory reports.