ALSO NOTED: Ex-Goldman Sachs analyst gets prison in insider case; Och-Ziff assets up 10 percent; and much more...

Company News:
> SunTrust buys stake in hedge fund. Article
> Temasek owns 9.4 percent of Merrill Lynch. Article
> Wachovia's CDO exposure light. Article
> Wachovia pares jobs in San Antonio. Article
> Och-Ziff assets up 10 percent. Article

Industry News:
> Mortgage app volume dips. Article
> More on actively managed ETFs. Article
> Oil soars over $100. Article

Regulatory News:
> Ex-Goldman Sachs analyst gets prison in insider case. Article
> SEC looking at foreign exchange access. Article

And Finally... When buffets do not work for the house. Article