$$$Bill Gross Says U.S. Will Avoid ‘Catastrophic’ Default on Debt [Bloomberg]

$$$'Fabulous' Fabrice Tourre Asks for New Trial [WSJ]

$$$Gundlach’s Fund Had Its Biggest Redemptions in September [Bloomberg]

$$$ Mr. Schneider, known for his “Saturday Night Live” rendition of Rich, the copy repair guy, as well as several movie appearances in the likes of “Deuce Bigalow, Male Gigolo” and other Adam Sandler productions, also said overregulation is killing his vitamin business. He’s fled the state to avoid the hefty California regulations, he said in The Blaze report. [Washington Times]

$$$Tinkerer, Lawyer, Hustler, Lies: One Man’s Path to a Dope Fortune [SIRF / Roddy Boyd]

$$$ How did Jay Z develop the business acumen he needed to become a music mogul? By dealing crack, of course. “I know about budgets. I was a drug dealer,” the hip-hop titan boasted to Vanity Fair magazine, referring to his days on Brooklyn’s mean streets. “To be in a drug deal, you need to know what you can spend, what you need to re-up.” [NYP]

$$$Cuban Insider-Trading Trial Gets Under Way [WSJ]

$$$Ex-Morgan Stanley broker pleads guilty in insider trading case [Reuters]

$$$Pitney Bowes CEO to hedge funds: Don't short us [NetNet]

$$$Lady Liberty turns away your tired, your hungry, your sightseers due to shutdown [NYDN]