ALSO NOTED: Morgan Stanley to issue first Islamic bond by MNC; Goldman Sachs 1Q results to be mixed?; and much more...

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Company News:

> UBS dealt setback in India. Article
> Goldman Sachs 1Q results to be mixed? Article
> JPMorgan, Lehman Brothers to lead underwrite MBIA offer. Article
> Deutsche Bank avoids another subprime hit. Article
> Bear Stearns spent half million on federal lobbying. Article
> Discover sells U.K. card business. Article
> Morgan Stanley to issue first Islamic bond by MNC. Article

Industry News:
> Bubble in Treasuries Building? Article
> Hedge funds seem to be taking root in Asia. Article

And Finally... Woman puts a seatbelt around the beer, but forgets the baby. Article