• Now that they've moved into their renovated apartment at 1040 Fifth, hedge funder Glenn Dubin and his wife, Dr. Eva Andersson-Dubin, are looking to unload their former co-op just down the street. The couple's 12-room, 6,000-square-foot duplex at 1010 Fifth Avenue is now listed with Corcoran broker Deborah Grubman for $18.5 million. [NYO, Corcoran]
• New York's tiniest townhouse is off the market. A buyer has signed a contract to purchase the 900-square-foot home at 75 1/2 Bedford Street, which went on the market for $2.75 million in August and which was most recently listed for $2.499 million. [Curbed, Corcoran]

• Showdown in DC: Bank of America CEO Ken Lewis is testifying before a House committee today and getting a pounding, as expected. [WSJ, Dealbreaker]
• Will Citigroup ever get its house in order? FDIC boss Sheila Bair would like some answers, not that the board—or Vikram Pandit—have any. [NYT]
• Jim Simons held talks recently to sell a stake in his hedge fund, Renaissance Technologies, but has decided against retiring for the time being. [WSJ]
• BlackRock is close to a deal to acquire Barclays Global Investors for $13 billion; the deal would make the Larry Fink-led company the world's largest money manager, with $2.8 trillion in assets under management. [WSJ]
• JPMorgan Chase is acquiring the piece of Glenn Dubin and Henry Swieca's Highbridge Capital Management that it does not already own. [DB]
• AIG is moving out of its downtown HQ now that the company has sold off the real estate to a Korean bank and a US developer for $100+ million. [FT]
• Better than expected unemployment data and retail sales figures have lifted the major markets this morning. [CNN, BN, CNN]

Conan sidekick Max Weinberg turns 58 today. Actor Paul Sorvino is turning 70. Writer Christopher Hitchens is turning 60. Caroline Rhea is 45. Chef Bill Telepan is 43. Hedge fund manager Glenn Dubin turns 52. Times music critic Anthony Tommasini is turning 61. Kyle Howard, the TV actor and boyfriend of Lauren Conrad, is 31. Knicks star Quentin Richardson is 29. Al Green turns 63. And Rick Schroder, the actor whose career peaked when he played "Ricky" on Silver Spoons, is 39.

♦ Stocks are poised to move higher today after yesterday's bloodbath. [CNN]
♦ Goldman Sachs may report a loss of as much as $5 billion this quarter, the firm's first quarterly loss since it went public in 1999. [WSJ]
♦ Credit Suisse and HSBC have announced another round of job cuts. [Reuters]
♦ Highbridge Capital, founded by Glenn Dubin and Henry Swieca and owned by JPMorgan, is the latest hedge to suffer a fall. More than a third of its investors are looking to withdraw cash and the flagship fund is down 25%. [WSJ]
♦ One hedge funder doing fine: John Paulson. His firm has already cleared profits of more than $1 billion this year betting that the housing market would crumble and banks would fail. [Bloomberg]
♦ What does the head of a new Congressional panel set up to monitor the bailout have to say about Hank Paulson's strategy? That it does appear Paulson has a strategy. [NYT]

♦ Better news from abroad today: global stocks rebounded overnight, with shares in Hong Kong climbing more than 14 percent. [CNNMoney]
♦ Goldman Sachs will name its new partners today; it's expected to be the smallest such group in the firm's history. [Telegraph, Clusterstock]
♦ The average hedge fund was down 8.4 percent in October. Layoffs in the industry are mounting: Glenn Dubin's Highbridge Capital is the latest fund to announce cuts, trimming 10 percent of the company's staff. [NYP]
♦ Barclays is seeking to raise $10 billion from Russian banks. [WSJ]
♦ Fidelity may lay off 4,000 employees. [Boston Globe]

Ever wonder why the CEO at your company has a $10,000 telescope parked in the corner of his office? It's not to admire the birds. Or even to peek at the woman in the neighboring office building who changes her blouse at precisely half past five. It's to look in the offices of other CEOs, obviously.

Dubin is a co-founder of Highbridge Capital Management, a hedge fund with $21 billion under management.