Bond crisis coming; Herbalife's "come back"; "Is Business School Gutting the Economy?"; Edible coffee cups; Llamas; Owls.

$$$ Behind Credit Default Swaps Market, a Cartel Left Open to Collusion [Dealbook] $$$ Jim Chanos: Hewlett Packard Is 'Ultimate Value Trap' [CNBC] $$$ Ackman Takes Activist Stance on P&G [CNBC] $$$ Goldman CEO Blankfein Said To Meet With Obama Adviser Lew [Bloomberg] $$$ Racketeering Charges Filed in Hedge Fund Divorce [NYO] $$$ Banker Tattoos [BuzzFeed] $$$ ...every so often, Ackman and his wife whirl through their Rolodexes and invite their unattached friends to come on over to their place and spend a few hours meeting other singles. In this day and age of internet dating, the Ackmans like to give that stressful process a personal touch. And last night was one of those nights when the man who runs $10 billion Pershing Square Capital Management and his wife Karen, who trained as a landscape architect, threw open the doors and hoped for the best. While no officials statistics have been kept, people who have attended the events say plenty of people have found their mates here. At this week’s event? Roughly 200 people attended, according to someone who was there. [Reuters, earlier] $$$ "Dozens of traffic signs have been destroyed by prostitutes performing pole-dances in the street to attract clients, officials in New Zealand's biggest city have revealed." [Telegraph] $$$ Charlie Gasparino: U.S. Insider Trading Investigation Winding Down (Maybe) [FBN] $$$ Ex-JPMorgan Banker Admits Role in Muni Bid-Rigging Scheme [Reuters] $$$ Paulson, Rubin Warn on Dangers of 'Fiscal Cliff' [CNBC] $$$ WWII Shipwreck Yields $38 Million of Silver From Atlantic [Bloomberg] $$$ High school kid accused of running in a potential $3 million marijuana ring. [CP]

Block calls U.S. stocks rally 'dead cat bounce'; Strategist says Trump is a wild card for the markets; Naked Female Motorist Leads New Mexico Cops On 100 MPH Chase, Says She Was Too Hot For Clothes; and more.

$$$ Fed Extends Twist, Signals Concerns [WSJ] $$$ Reasons to be sad about the Fed [Tim Duy] $$$ Berlusconi Casts Doubt on Austerity Plan [WSJ] $$$ Rompuy Blueprint Said To Include Options On Debt, Bank Oversight [Bloomberg] $$$ Standstills in Change of Control Transactions [HLS] $$$ With all words from Greek, Roman, Norse, etc. myths already taken, Peter Thiel named a fund after a metal from The Lord of the Rings [DI] $$$ A leading New York hedge fund is looking for a general counsel - could it be you? [DBCC] $$$ Regulators Back Off Tougher Curbs on Oil [WSJ] $$$ Ex-Orioles player Eddie Murray is part of insider trading inquiry [Reuters] $$$ The Mormon Madoff: How Shawn Merriman Scammed Millions $$$ NYSE CEO: Public Has Lost Trust inMarket [WSJ] $$$ Madam still stuck at Rikers [NYP]