ALSO NOTED: Inside at 130/30 hedge fund; Mini-rally in corporate debt?; and much more...

Company News:
> Cold comfort: Mortgage rates ease. Article
> Bank of America launches new mortgage with insurance. Article

Industry News:
> Investors debate markets. Article
> Street applauds Icahn's plan. Article
> Inside at 130/30 hedge fund. Article
> Mini-rally in corporate debt? Article
> Junk bonds now a majority of all debt, first time in 25 years. Article

Regulatory News:
> Merrill fined for brokerage location violations. Article
> Campos steps down at SEC. Article

And Finally... Hire like a private equity firm. Article