Partying it up at the Palm’s Hugh Hefner Sky Villa with ex-Tudor Jones trader Mark Fisher didn’t take away from Dr. J’s ability to make $15,000 in three hours, for a program that teaches disadvantage kids to someday have trading prowess like The King. If you missed the chance to donate some of your gains on drug stocks ($MRK or $PFE) today, no worries, there’s still time to help create the next mini-me Fast Money crew here.

And if for some reason if you still need more motivation to give (around $26k has been donated so far but we’re counting on you to make it more)- we’re told Paris Hilton is stopping by the event’s after-party and will sign any part of your body if you give. For those not currently in Vegas, Dr J will take the Paris body signature in your name and send you a photo.

*Checks can made to: Trader4Kids and sent to: 175 West Jackson Blvd, suite 200 Chicago, IL 60604

If you’re coming to New Canaan, CT on Sunday to hear Charlie Gasparino discuss The Sellout you might need to bring your boxing gloves.

The other day on Chicago-based radio show StocksandJocks, co-hosted by CNBC contributor Dr. J Najarian, a listener asked Gas-Bag if he was ready to handle a confrontational room of ex-Bear and Lehman traders who might want to throw down fisticuffs. Considering many of these guys are still unemployed, stuck with McMansion mortgages, and with ample time on their hands - we thought that was a valid concern. (Sam Molinaro, former Bear Stearns CFO, is a New Canaan resident.)

The show’s other host Tom ‘the Chief’ Haugh asked Chaz, “Are you ready for a scene or a verbal confrontation? How do you think Cannanists will receive you?”

Gasparino responded, “Well you know, they can do whatever they want. What, you don’t think I’ve never had a personal confrontation from peeps on Wall Street? For some reason personal confrontations don’t scare me that much…you know.. I know how to handle myself.”

“I’m not a punching bag I don’t take their [shit]. I remind them it was their company’s management that screwed up and I just reported it. I didn’t engage in your risk taking practices. If you think I have anything to do with your implosion then you’re nuts,” Gasparino. said.

According to Paulson & Co internal documents John Paulson is thinking soon to be CEO-less BofA will be worth three times what he bought it for in two and a half years time. Yesterday, Bloomberg reported JP’s been telling his investors Bank of America still has considerable upside and room to double in value.

But according to documents we saw, JP started telling investors in July he got into this trade with the expectation the stock would more than triple by the end of 2011.

As first reported by Chris Gillick in the September issue of AR magazine, Paulson’s cost basis for his huge-ass BofA position was $9. Using a conservative P/E multiple of 10, and a 2011 earnings per share estimate of $3, Paulson’s analysis estimates $BAC should be worth $30 at the tail end of 2011. In other words, pay no attention to JP taking a mere 8.2 million shares off his 168 million position in the third quarter.

Given that some of you might make your own estimate off of JP $3 EPS prediction here’s how Team Paulson does the math via his marketing material:

While it’s not yet clear how investors will fare, we’re told that Raj-Raj is taking care of his employees. The Galleon team will be paid bonuses based on the fund performance at the date of shutdown, plus two months severance, plus benefits. A Galleon spokesman confirmed the plan but declined to comment further.

Yesterday was apparently not the first time Emanual Goffer has been accused of wrongdoing in conducting his biz. In 2003 Boston.com outted Emanuel as the owner-operator of a cheat-sheet note system for coeds at Boston University. Goffer’s firm, which he called Beantown Notes, operated out of Boston on Beacon Street. The University’s lawyer sent a cease and desist order to Goffer’s firm, threatening to sue if they didn’t shut it down. Goffer conceded, and moved on to bigger and better things, like (allegedly) trading on material non-public information with his brother, Zvi. Speaking of: Dealbreaker, in an attempt to learn more about Team Goffer, reached out to Dalia Goffer, the boy’s mother yesterday, and asked if she thought the FBI had arrested the wrong guys. In an email sent late last night she responded:

Not all traders feeding off of Galleon’s wind down are making wise moves. Today squawk-boxes on tech desk were buzzing about the movement of $AERG, Applied Energetics. A penny stock position Galleon held 7.5 million shares in at the end of the second quarter.

“The stock fell on the first news of Galleon troubles and today it was doing its reversal off the news of Galleon’s portfolio liquidation,” says CNBC contributor Paul Kedrosky.

As reported yesterday, a source close to Sanjay Santhanam, Galleon’s head of risk management, told Dealbreaker that Santhanam recently expressed fears the firm “could be closed by Friday,” due to a massive amount of redemptions. A representative of the fund, however, takes issue with the potential expiration date offered by San-San, pointing out that, technically, the death would be much more slower and painful, and take us through the New Year.

The Galleon Group said Friday that it “continues to operate and is highly liquid” but one of firm’s top lieutenants is admitting he doesn’t think the shop will last long.

The Galleon Group put out an (awesome) rap about itself a few years ago but apparently its accused co-founder Raj Rajaratnam’s tastes swing a bit more country. One Greenwich neighbor (the hedge fund manager maintains residences at Sutton Place in New York and at 577 Round Hill Road in Connecticut) tells Dealbreaker that Raj spent millions to have Kenny Rogers perform at his home.

Who is “CW,” the FBI’s confidential witness? Or should we be asking where is Galleon’s CEO and co-founder Gary Rosenbach in these charges? Rosenbach co-founded Galleon in 1997 and was listed as a co-portfolio manager in the main Galleon International fund.