In the General Obligation muni bond space, stick with states whose present budgets and unfunded pension liabilities appear somewhat manageable.

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The only emerging market nations to see downgrades or credit outlook changes to negative were in the junk bond space, and some corporates.

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Guests also get eight weeks of intensive training at a James Bond-style space camp on a tropical island.

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Both Elon Musk and Bond know that for space travel to ever become economical, there cannot continue to be launches that result in multi-million dollar rockets that are used just one time, then disposed.

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Bond has gone into outer space, into volcanoes, spent a considerable amount of time undersea, and traversed the globe in virtually every kind of vehicle, from Venetian gondolas to motorcycles, Aston Martins to nuclear submarines, and has even been transported by oil pipelines and in one forgettable sequence, by using a string instrument as sled.

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The tale of the two financial institution is dense, convoluted and, until now, in dispute. (See: MBIA, BofA In A Billion-Dollar Game Of Chicken.) MBIA, once primarily just a municipal bond insurer, waded into the risky MBS space and came away badly damaged.

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For years, the Signature bounced around, renting space from the Public Theater downtown or holing up in a black box on Bond Street and then on far, far West 42nd Street.

WSJ: Frank Gehry | Pershing Square Signature Center | By Julie V. Iovine