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It looks like bling isn't dead after all. (Or if it did recede a bit during the recession, it's since returned.) Per the Post: "Bling-loving hip-hop mogul Diddy accidentally flung a diamond-studded ring into a raucous crowd as he hurled bundles of cash off a stage at a Midtown studio—sparking an audience frisking that had attendees feeling like common criminals." Sadly, the search didn't turn up the ring, so Diddy is now out $20,000. But if he can just resist the temptation to order 50 bottles of Cristal when he goes out tonight, he'll have made up the difference by tomorrow morning. [NYP]