SEC NEWS DIGEST

   Issue 2006-71                                           April 13, 2006

   COMMISSION ANNOUNCEMENTS

   RICHARD WESSEL, DISTRICT ADMINISTRATOR OF THE SEC'S  ATLANTA  DISTRICT
   OFFICE, TO RETIRE

   The Securities and Exchange Commission announced  today  that  Richard
   Wessel, the District  Administrator  of  the  SEC's  Atlanta  District
   Office (ADO) for the past 19 years, intends to retire at  the  end  of
   June.

   "The ability of the SEC to enforce the securities laws and to  protect
   investors derives from the dedicated efforts of  people  like  Richard
   Wessel,"  said  SEC  Chairman  Christopher  Cox.  "Rich  has  made   a
   significant contribution to the work of the Commission during  his  32
   years of service as the District Administrator of the Atlanta District
   Office, as an Associate Director of the Division of Market  Regulation
   and as a member of the Division of Enforcement in Washington,  D.C.  I
   know that the SEC staff and other members of the Commission join me in
   wishing him well in all of his future endeavors."

   SEC Director of Enforcement Linda Thomsen stated, "Rich Wessel has had
   a long, varied and distinguished career at the SEC. For the  past  two
   decades, he has led our Atlanta Office and been  instrumental  in  the
   growth and success of that Office. Throughout his tenure, the  Atlanta
   staff has brought important  enforcement  cases  that  have  made  our
   markets safer for investors. We wish him all the very best."

   SEC Director of the Office of Compliance Inspections and  Examinations
   Lori Richards said, "The Atlanta District Office  is  responsible  for
   carrying out the Commission's examination responsibilities for broker-
   dealers, investment advisers, investment companies and transfer agents
   in the Southeast. Rich Wessel has been dedicated to  the  Commission's
   mission to protect investors for more than 30  years.  He  brought  an
   enormous amount of experience and capability to the job and, under his
   leadership, the Atlanta Office's examination program grew in size, and
   in the number of examinations conducted.  His  contributions  will  be
   lasting."

   Wessel said, "It has been an honor and a privilege to have served  the
   Commission and the investing public over the course  of  the  past  32
   years. I will be forever grateful  to  have  had  the  opportunity  of
   working with such an  outstanding  group  of  dedicated  and  talented
   individuals as those who have served as Commissioners and staff in the
   pursuit of the Commission's important mission."

   Wessel joined the Commission in 1973 as an attorney in the Division of
   Enforcement where he served until  1983  in  positions  of  increasing
   responsibility as a Special Counsel, Branch  Chief  and  later  as  an
   Assistant Director. From 1983 until 1987, he served  as  an  Associate
   Director in the Commission's Division of Market Regulation  in  charge
   of the rule making and interpretative functions of the Office of Chief
   Counsel and the Office of Trading Practices. Since  1987,  Wessel  has
   been  the  District  Administrator  of  the   SEC's   Atlanta   Office
   responsible for supervising the Commission's enforcement and regulated
   entity examination activities in seven Southeastern states.

   During the course of his tenure, Wessel and  the  Atlanta  staff  have
   been successful in bringing  a  number  of  highly  significant  cases
   spanning a broad spectrum of violative conduct. Among such cases  were
   those against Prudential Securities, Olde  Discount  and  Dean  Witter
   (broker-dealer sales practice abuses and failure to supervise); Health
   Care Centers of  America,  Inc.,  Professional  Transportation  Group,
   Inc.,  HealthSouth  Corporation  and  Just  for  Feet  Inc  (corporate
   financial frauds); Coahoma County MS, Derryl Peden, and  the  City  of
   Moorhead MS (municipal bond frauds); International Heritage, Inc., ETS
   Payphones and  Mobile  Billboards  of  America  (fraudulent  sales  of
   investment contracts); International Management Associates  (financial
   collapse of a hedge fund); as well as numerous other  cases  involving
   false performance advertising by investment advisers, insider trading,
   penny stock abuses, micro-cap  fraud,  market  manipulation,  internet
   fraud and misappropriation of client funds.

   Wessel and  the  Atlanta  staff  also  have  maintained  an  effective
   examination program that both detected compliance deficiencies and led
   to their correction.

   Wessel is a recipient of the Commission's Distinguished Service Award.
   He is a graduate of Oberlin College and obtained his law  degree  from
   Boston University School of Law. (Press Rel. 2006-56)

   SEC ANNOUNCES SIXTEENTH ANNUAL INTERNATIONAL INSTITUTE

   The Securities and Exchange Commission will conduct  its  16th  annual
   international Institute for Securities  Market  Development  beginning
   Monday, April 17, 2006. The  two-week,  senior-level  program  is  the
   SEC's flagship global training program. It  provides  a  wide  ranging
   group  of  participants  from  countries  with  emerging  markets   an
   opportunity to discuss the core principles  of  securities  regulation
   and  features  lectures,  panels  and  workshops  that  focus  on  the
   development, operation  and  regulation  of  securities  markets.  The
   Institute's  faculty  includes  senior  SEC  officials  as   well   as
   representatives of other governmental agencies,  securities  exchanges
   and other  key  securities  industry  participants.  Ethiopis  Tafara,
   Director of the Commission's Office of International  Affairs  stated,
   "I am pleased that this year's Institute is our largest  to  date.  We
   have gathered together members  from  financial,  regulatory  and  law
   enforcement communities from around the world to learn from each other
   and work together to promote safe and efficient securities markets. We
   encounter some  of  our  greatest  resources  at  the  Institute.  The
   delegates each bring to the Institute a unique perspective as well  as
   a wealth of knowledge about their markets. We recognize  that  no  one
   has a monopoly on good ideas and  that,  in  a  globalized  market,  a
   regulatory concern in one country can quickly and effortlessly  spread
   to another. The Institute  affords  participants  and  SEC  staff  the
   opportunity to share experiences." This year, the  Institute  audience
   will include over 170 senior securities  officials  from  72  emerging
   market countries. Prior Institutes have provided training  for  nearly
   1,400 officials from five continents. The  program  will  commence  at
   9:15 a.m. on April 17, 2006, with welcoming  remarks  by  Mr.  Tafara.
   This presentation will be open to the press and will be  delivered  at
   the  SEC's  Headquarters  in  the  Auditorium,  100  F  Street,  N.E.,
   Washington, D.C. . (Press Rel. 2006-57)

   ENFORCEMENT PROCEEDINGS

   ADMINISTRATIVE PROCEEDINGS INSTITUTED AGAINST MICHAEL KARSCH

   On April 12, the Commission issued an Order Instituting Administrative
   Proceedings Pursuant to Rule  102(e)  of  the  Commission's  Rules  of
   Practice, Making Findings, and  Imposing  Remedial  Sanctions  (Order)
   against Michael D. Karsch. The Order finds that  on  March  29,  2006,
   Karsch was enjoined from violating Sections 5(a), 5(c)  and  17(a)  of
   the Securities Act of 1933, Section 10(b) of the  Securities  Exchange
   Act of 1934 and Rule 10b-5 thereunder, by the United  States  District
   Court for the Northern District of Texas [SEC  v.  2DoTrade,  et  al.,
   3:03-CV2246N]. The Commission's complaint alleged that the  defendants
   engaged in a "pump and dump" scheme  designed  to  inflate  2DoTrade's
   stock price. Between at least June and November 2001, the  defendants,
   among other things,  issued  materially  false  and  misleading  press
   releases  claiming  that  2DoTrade  had  entered  into  several  large
   international trading contracts  and  had  developed  an  anti-anthrax
   compound. During the  same  period,  the  defendants  sold  shares  of
   2DoTrade stock for illegal trading profits of at least  $1.8  million.
   The complaint alleged further that Karsch assisted the  defendants  in
   perpetrating and executing the scheme, and that MCG Partners, Inc., of
   which Karsch was a director,  sold  shares  of  2DoTrade  for  illegal
   trading profits. Based on the injunction in the  civil  action  above,
   the Order suspends Karsch from  appearing  or  practicing  before  the
   Commission as an attorney. Karsch consented to  the  issuance  of  the
   Order without admitting or denying the findings  therein,  except  for
   the entry of the injunction. Additional information can  be  found  in
   Litigation Release Nos. 18381 (Sept. 30, 2003)  and  18510  (Dec.  18,
   2003). (Rel. 34-53636; AAE Rel. No.  2412;  File  No.  3-12262)  COURT
   ENTERS FINAL JUDGMENT AGAINST FORMER DOLLAR  GENERAL  CHIEF  FINANCIAL
   OFFICER BRIAN BURR

   BURR WILL  PAY  OVER  $1.2  MILLION  IN  PENALTIES,  DISGORGEMENT  AND
   PREJUDGMENT INTEREST

   On April 11, the U.S.  District  Court  for  the  Middle  District  of
   Tennessee entered a settled final judgment against Brian Burr  (Burr),
   former chief financial officer and executive vice president at  Dollar
   General Corporation (Dollar General). Burr  was  the  only  litigating
   defendant in the Commission's action filed on April 7,  2005,  against
   Dollar General and several of its former officers  and  employees  for
   alleged accounting fraud that overstated Dollar General's earnings. In
   settling with the Commission, Burr  consented,  without  admitting  or
   denying  the  Commission's  allegations,  to  the  entry  of  a  final
   judgment, which permanently enjoins him from violating  the  antifraud
   and other provisions of the federal securities laws, orders him to pay
   $1,204,598.17  in  civil  penalties,  disgorgement,  and   prejudgment
   interest, and bars him from serving as an officer  or  director  of  a
   public company for five years.

   In its complaint the Commission alleged that, in 1999 and 2000, Dollar
   General's accounting staff determined that Dollar General should  have
   recognized $13.4 million in import freight expenses  in  fiscal  1999.
   Rather  than  restating  prior  periods,  as  required  by  GAAP,   or
   recognizing all the expense in fiscal year 1999, Burr participated  in
   discussions of possible ways to  account  for  the  $13.4  million  in
   freight expenses that did not entail recognizing all such expenses  in
   fiscal year 1999. The complaint further alleged that on Feb. 5,  2000,
   Dollar General's former controller  sent  a  memorandum  to  Burr  and
   others describing a $10 million  "variance"  in  relation  to  freight
   expenses, and Dollar General's intention to charge  the  "$10  million
   1999 shortfall"  at  a  rate  of  $833,000  per  month  during  Dollar
   General's fiscal year 2000. Ultimately, Dollar  General  recorded  the
   shortfall in this manner. Burr knew that deferring  the  bulk  of  the
   expenses to fiscal year 2000 avoided the negative  impact  on  already
   announced fiscal year 1999 earnings as well as year-end bonus payments
   to  Dollar  General  employees,  including  Burr.   The   Commission's
   complaint alleges that, by  deferring  the  freight  expenses,  Dollar
   General met certain targets, including an internal target for employee
   bonuses and analysts' expectations  for  the  Company's  earnings  per
   share for fiscal year 1999.  If  Dollar  General  had  recognized  the
   freight expenses in 1999, it would have  fallen  short  of  the  bonus
   target and analysts' expectations.

   The complaint further alleges that Burr engaged  in  insider  trading.
   After Dollar General terminated Burr in February 2001,  Burr  and  his
   counsel met with Dollar General senior management. At this meeting, on
   April 12, 2001, Burr's counsel told  Dollar  General  management  that
   Burr could not sign a separation agreement until he knew that  certain
   accounting issues were addressed by Dollar General. Burr also wanted a
   release from the Company for any responsibility for certain accounting
   issues. On April 5, 2001, Burr exercised  Dollar  General  options  at
   $17.5360, and immediately sold 126,597 Dollar General shares at  sales
   prices ranging from $22.50 to $22.84. Burr exercised additional Dollar
   General options on April 27, 2001, selling 5,000 Dollar General shares
   at prices from $24 to $24.02. After  the  Company's  April  30,  2001,
   press release announcing accounting irregularities and  the  necessity
   for a restatement, Dollar  General's  stock  price  dropped  from  its
   Friday, April 27, 2001, closing price of $23.00 to a Tuesday,  May  1,
   2001, closing price of $15.76. The complaint alleges that Burr avoided
   losses by his sale of Dollar General securities.

   Without admitting or  denying  the  allegations  in  the  Commission's
   complaint, the Court permanently  enjoined  Burr  from  violating  the
   antifraud, internal controls, books and records and lying  to  auditor
   provisions of the federal securities laws, specifically, Section 17(a)
   of the Securities Act of 1933 and Sections 10(b) and 13(b)(5)  of  the
   Securities Exchange Act of 1934 (Exchange Act) and Rules 10b-5,  13b2-
   1, and 13b2-2 thereunder. The Court also enjoined Burr from aiding and
   abetting violations of the periodic reporting, internal controls,  and
   books and  records  provisions  of  the  Exchange  Act,  specifically,
   Sections 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the  Exchange  Act  and
   Rules 12b-20, 13a-1, 13a-11, and 13a-13 thereunder. The Court  further
   ordered  Burr   to   pay   $1,204,598.17,   comprising   $494,824   in
   disgorgement, $143,950.17 in prejudgment interest, and civil penalties
   of $565,824. The Court also prohibited Burr from acting as an  officer
   or director of a public company for five  years.  Dollar  General  and
   four  other  individuals  have  previously  settled  the  Commission's
   actions against them. For further information, see also [In the Matter
   of Stephen C. Jones, CPA] (Administrative Release  No.  34-51501;  AAE
   Rel. No. 2225). [SEC v. Dollar General  Corporation,  Hurley  Calister
   Turner,  Jr.,  Brian  M.  Burr,  Randy  C.  Sanderson,  and  Bobby  R.
   Carpenter, Civil Action No. 3:05-cv-0283,  M.D.Tenn.]  (LR-19653;  AAE
   Rel. No. 2411)

   SEC CHARGES FORMER CEO OF COX ENTERPRISES, INC. WITH  INSIDER  TRADING
   IN ADVANCE OF GOING PRIVATE TENDER OFFER TO COX COMMUNICATIONS, INC.

   On April 11, the Commission filed an insider trading complaint against
   Garner  Anthony.  Anthony,  76,  is  the  former  chairman  and  chief
   executive  officer  of  Cox  Enterprises,  Inc.   (Enterprises).   The
   Commission's complaint, which was filed in the U.S. District Court for
   the District of Hawaii, alleges that Anthony, while in  possession  of
   material nonpublic information concerning the 2004 tender  offer  from
   Enterprises to its publicly traded subsidiary Cox Communications, Inc.
   (Cox), instructed his broker to purchase 10,000 shares of  Cox  in  an
   account that Anthony controlled. After Enterprises publicly  announced
   its  tender  offer  to  Cox,  the  price  of  Cox   shares   increased
   substantially. Anthony thereafter sold all shares of Cox  in  accounts
   he  controlled,  resulting  in  illegal  insider  trading  profits  of
   $50,900.

   Without admitting or denying the allegations in the complaint, Anthony
   consented to the entry of a proposed final judgment, pending  approval
   by the court, that would permanently enjoin him from future violations
   of Section 14(e) of the Securities Exchange Act of 1934 and Rule 14e-3
   thereunder. Anthony also agreed to disgorge $50,900, plus  prejudgment
   interest, and to pay a one-time civil penalty of $50,900.

   The Commission acknowledges the assistance provided by  the  New  York
   Stock Exchange in connection with this matter. [SEC v. Garner Anthony,
   Civil Action File No. 1:06-CV-00195-DAE-KSC (D. Haw.)] (LR-19654)

   INVESTMENT COMPANY ACT RELEASES

   SPECIAL VALUE OPORTUNITIES FUND, LLC, ET AL. A notice has been  issued
   giving interested persons until May 8, 2006, to request a  hearing  on
   an application filed by Special Values Opportunities Fund, LLC, et al.
   for an order under Rule 17d-1 under the Act. The  order  would  permit
   certain registered management  investment  companies  to  coinvest  in
   private placement securities with certain  unregistered  funds.  (Rel.
   IC-27287 - April 11)

   SELF-REGULATORY ORGANIZATIONS

   IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGE

   A proposed rule change (SR-ISE-2006-18)  filed  by  the  International
   Securities Exchange relating to fees for non-ISE market  maker  orders
   has become effective  under  Section  19(b)(3)(A)  of  the  Securities
   Exchange Act of 1934. Publication of the proposal is expected  in  the
   Federal Register during the week of April 17. (Rel. 34-53630)

   SECURITIES ACT REGISTRATIONS

   The following registration statements have been  filed  with  the  SEC
   under the Securities Act of 1933. The reported information appears  as
   follows: Form, Name, Address and Phone Number (if  available)  of  the
   issuer of the security; Title and the number and/or face amount of the
   securities  being  offered;  Name  of  the  managing  underwriter   or
   depositor (if  applicable);  File  number  and  date  filed;  Assigned
   Branch; and a designation if the statement is a New Issue.

   Registration statements may be obtained in person or by writing to the
   Commission's Public  Reference  Branch  at  450  Fifth  Street,  N.W.,
   Washington, D.C.  20549  or  at  the  following  e-mail  box  address:
   <publicinfo@sec.gov>.  In  most  cases,  this  information   is   also
   available on the Commission's website: <www.sec.gov>.

S-3     SYS, 5050 MURPHY CANYON ROAD, SUITE 200, SAN DIEGO, CA, 92123, 
        8587155500 - 10,677,626 ($40,895,308.00) Equity, (File 333-133217 - 
        Apr. 12) (BR. 03B)

S-3     ANTARES PHARMA INC, 707 EAGLEVIEW BOULEVARD, SUITE 414, EXTON, PA, 
        19341, 610-458-6200 - 16,624,500 ($25,269,240.00) Equity, 
        (File 333-133218 - Apr. 12) (BR. 10A)

S-3ASR  EBAY INC, 2145 HAMILTON AVENUE, SAN JOSE, CA, 95125, 408-376-7400 - 
        699,541 ($26,638,521.28) Equity, (File 333-133220 - Apr. 12) (BR. 08B)

S-8     RELIANCE STEEL & ALUMINUM CO, 350 S GRAND AVE STE 5100, LOS ANGELES, 
        CA, 90071, 2136877700 - 64,501 ($6,025,038.41) Equity, 
        (File 333-133221 - Apr. 12) (BR. 04C)

S-1     WILLIAMS SCOTSMAN INTERNATIONAL INC, 8211 TOWN CENTER DR, BALTIMORE, 
        MD, 21236, 4109316000 - 0 ($200,995,344.00) Equity, (File 333-133222 - 
        Apr. 12) (BR. 06B)

S-3     MERRILL LYNCH LIFE INSURANCE CO, 1300 MERRILL LYNCH DRIVE, PENNINGTON, 
        NJ, 08534, 609-274-6900 - 0 ($1.00) Other, (File 333-133223 - Apr. 12) 
        (BR. 20)

S-3     ML LIFE INSURANCE CO OF NEW YORK, 1300 MERRILL LYNCH DRIVE, 
        C/O MERRILL LYNCH INSURANCE GROUP, PENNINGTON, NJ, 08534, 
        609-274-5324 - 0 ($1.00) Other, (File 333-133224 - Apr. 12) (BR. 20)

S-3     MERRILL LYNCH LIFE INSURANCE CO, 1300 MERRILL LYNCH DRIVE, PENNINGTON, 
        NJ, 08534, 609-274-6900 - 0 ($1.00) Other, (File 333-133225 - Apr. 12) 
        (BR. 20)

S-1     ZHONGPIN INC., C/O PRYOR CASHMAN SHERMAN & FLYNN LLP, 410 PARK AVENUE, 
        NEW YORK, NY, 10022, 212-326-0846 - 0 ($68,310,000.00) Equity, 
        (File 333-133226 - Apr. 12) (BR. 09B)

S-8     AMN HEALTHCARE SERVICES INC, 12400 HIGH BLUFF DRIVE, SUITE 100, 
        SAN DIEGO, CA, 92130, 8668718519 - 0 ($13,207,002.00) Equity, 
        (File 333-133227 - Apr. 12) (BR. 01A)

SB-2    U S GOLD CORP, 2201 KIPLING ST, STE 100, LAKEWOOD, CO, 80215-1545, 
        3032381438 - 0 ($392,385,250.00) Other, (File 333-133228 - Apr. 12) 
        (BR. 04B)

S-8     QUIKSILVER INC, 15202 GRAHAM STREET, HUNTINGTON BEACH, CA, 92649, 
        714-889-2200 - 2,000,000 ($28,130,000.00) Equity, (File 333-133229 - 
        Apr. 12) (BR. 02A)

S-8     SILVER SCREEN STUDIOS INC, 85,000,000 ($170,000.00) Equity, 
        (File 333-133230 - Apr. 12) (BR. 08C)

S-8     GLADSTONE COMMERCIAL CORP, 1521 WESTBRANCH DRIVE, MCLEAN, VA, 22102, 
        703-287-5800 - 0 ($14,106,400.00) Equity, (File 333-133231 - Apr. 12) 
        (BR. 08C)

SB-2    Kingston Mines Ltd., 807-1050 BURRARD STREET, VANCOUVER, A1, V6Z 2S3, 
        604-319-0488 - 2,500,000 ($250,000.00) Equity, (File 333-133232 - 
        Apr. 12) (BR. )

S-1     STONELEIGH PARTNERS ACQUISITION CORP., C/O PLM INTERNATIONAL INC., 
        555 FIFTH AVENUE, NEW  YORK, NY, 10017, 212-581-5777 - 
        0 ($285,501,212.50) Equity, (File 333-133235 - Apr. 12) (BR. )

S-3     Tarpon Industries, Inc., 2420 WILLS STREET, MARYSVILLE, MI, 48040, 
        810-364-7421 - 2,224,862 ($5,584,404.00) Equity, (File 333-133236 - 
        Apr. 12) (BR. 06A)

S-8     EXELIXIS INC, 6508252200 - 0 ($60,659,369.00) Equity, 
        (File 333-133237 - Apr. 12) (BR. 01C)

S-8     RC2 CORP, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK, IL, 60523, 
        630-573-7200 - 1,200,000 ($44,724,000.00) Equity, (File 333-133238 - 
        Apr. 12) (BR. 02A)

SB-2    HEALTHRENU MEDICAL INC, 7255 E. QUINCY AVENUE, SUITE 550, DENVER, CO, 
        80237, 303-437-9434 - 120,000,000 ($22,800,000.00) Equity, 
        (File 333-133239 - Apr. 12) (BR. 06C)

S-3ASR  REALTY INCOME CORP, 220 W CREST ST, ESCONDIDO, CA, 92025-1707, 
        7607412111 - 0 ($0.00) Other, (File 333-133241 - Apr. 12) (BR. 08C)

S-8     SEVERN BANCORP INC, 1919A WEST ST, ANNAPOLIS, MD, 21404, 3012684554 - 
        158,400 ($2,864,697.00) Equity, (File 333-133242 - Apr. 12) (BR. 07B)

S-3     QUEST RESOURCE CORP, 701 EAST MAIN STREET, P.O. BOX 100, BENEDICT, KS, 
        66714, (316)698-2250 - 14,271,875 ($195,524,688.00) Equity, 
        (File 333-133243 - Apr. 12) (BR. 04B)

S-8     TEEKA TAN PRODUCTS, INC., 5499 NORTH FEDERAL HIGHWAY, SUITE D, 
        BOCA RATON, FL, 33487, (561) 989-3600 - 
        10,000,000 ($900,000.00) Equity, (File 333-133244 - Apr. 12) (BR. 06B)

N-2     H&Q LIFE SCIENCES INVESTORS, 30 ROWES WHARF, 
        HAMBRECHT & QUIST FOURTH FLOOR, BOSTON, MA, 02110, 6175740500 - 
        61,162 ($1,000,000.00) Other, (File 333-133245 - Apr. 12) (BR. 18)

N-2     Pacesetter Capital Corp., 2435 NORTH CENTRAL EXPRESSWAY, SUITE 200, 
        RICHARDSON, TX, 75080, (972) 991-1597 - 0 ($146,500,000.00) Equity, 
        (File 333-133246 - Apr. 12) (BR. )

S-8     SEARS HOLDINGS CORP, 3333 BEVERLY ROAD, HOFFMAN ESTATES, IL, 60179, 
        847-286-2500 - 5,000,000 ($678,750,000.00) Equity, (File 333-133247 - 
        Apr. 12) (BR. 02)

S-8     SEARS HOLDINGS CORP, 3333 BEVERLY ROAD, HOFFMAN ESTATES, IL, 60179, 
        847-286-2500 - 1,000,000 ($135,750,000.00) Equity, (File 333-133248 - 
        Apr. 12) (BR. 02)

S-3D    APPLIED DIGITAL SOLUTIONS INC, 1690 SOUTH CONGRESS AVENUE, SUITE 200, 
        DELRAY BEACH, FL, 33445, 561-805-8000 - 865,721 ($2,406,704.00) Equity, 
        (File 333-133249 - Apr. 12) (BR. 11B)

S-8     CRESCENT REAL ESTATE EQUITIES CO, 777 MAIN ST, STE 2100, FORT WORTH, 
        TX, 76102, 8173212100 - 0 ($11,125,373.00) Equity, (File 333-133250 - 
        Apr. 12) (BR. 08A)

F-3ASR  TELEFONICA S A, GRAN VIA 28, 28013 MADRID, U3, 00000, 
        00 34 91 584 0640 - 0 ($0.00) Debt, (File 333-133251 - Apr. 12) 
        (BR. 11B)

RECENT 8K FILINGS

Form 8-K is used by companies to file current reports on the following events:
	
1.01	Entry into a Material Definitive Agreement		
1.02	Termination of a Material Definitive Agreement		
1.03	Bankruptcy or Receivership	
2.01	Completion of Acquisition or Disposition of Assets	
2.02	Results of Operations and Financial Condition	
2.03	Creation of a Direct Financial Obligation or an Obligation under an 
	Off-Balance Sheet Arrangement of a Registrant		
2.04	Triggering Events That Accelerate or Increase a Direct Financial Obligation 
	under an Off-Balance Sheet Arrangement		
2.05	Cost Associated with Exit or Disposal Activities		
2.06	Material Impairments		
3.01	Notice of Delisting or Failure to Satisfy a Continued Listing Rule or 
	Standard; Transfer of Listing		
3.02	Unregistered Sales of Equity Securities		
3.03	Material Modifications to Rights of Security Holders		
4.01	Changes in Registrant's Certifying Accountant	
4.02	Non-Reliance on Previously Issued Financial Statements or a Related Audit
	Report or Completed Interim Review		
5.01	Changes in Control of Registrant	
5.02	Departure of Directors or Principal Officers; Election of Directors; 
	Appointment of Principal Officers	
5.03	Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
5.04	Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
5.05	Amendments to the Registrant's Code of Ethics, or Waiver of a 
	Provision of the Code of Ethics	
6.01. 	ABS Informational and Computational Material.
6.02.  	Change of Servicer or Trustee.
6.03.  	Change in Credit Enhancement or Other External Support.
6.04. 	Failure to Make a Required Distribution.
6.05.  	Securities Act Updating Disclosure.
7.01	Regulation FD Disclosure	
8.01	Other Events	
9.01	Financial Statements and Exhibits	

   8-K  reports  may  be  obtained  in  person  or  by  writing  to   the
   Commission's Public  Reference  Branch  at  450  Fifth  Street,  N.W.,
   Washington, D.C.  20549  or  at  the  following  e-mail  box  address:
   <publicinfo@sec.gov>.  In  most  cases,  this  information   is   also
   available on the Commission's website: <www.sec.gov>.

				        STATE     8K ITEM NO.
NAME OF ISSUER                        CODE   			    	        DATE     COMMENT
-------------------------------------------------------------------------------------------------------
4 KIDS ENTERTAINMENT INC                NY       5.02,9.01                      04/06/06

ABRAXAS PETROLEUM CORP                  NV       4.02                           03/16/06    AMEND

ACCENTIA BIOPHARMACEUTICALS INC                  7.01,9.01                      04/12/06

ACCESS INTEGRATED TECHNOLOGIES INC               3.01,9.01                      04/12/06

ACROSS AMERICA REAL ESTATE CORP         CO       7.01                           04/12/06

ACUSPHERE INC                           DE       7.01,8.01,9.01                 04/12/06

ADSOUTH PARTNERS, INC.                  NV       8.01                           04/11/06

ADVANCED MICRO DEVICES INC              DE       2.02,7.01,9.01                 04/12/06

AFTERMARKET TECHNOLOGY CORP             DE       2.02,7.01,9.01                 04/12/06

AGILENT TECHNOLOGIES INC                DE       1.01,9.01                      04/06/06

ALBANY INTERNATIONAL CORP /DE/          DE       1.01,5.03,9.01                 04/06/06

ALICO INC                               FL       2.02,8.01,9.01                 04/10/06

ALICO INC                               FL       7.01,8.01,9.01                 04/10/06

ALLEGHENY BANCSHARES INC                WV       5.02                           04/10/06

ALLERGAN INC                            DE       8.01,9.01                      04/12/06

ALLERGAN INC                            DE       1.01,2.03,3.02,9.01            04/06/06

ALLIANCE RESOURCE PARTNERS LP           DE       8.01,9.01                      04/12/06

ALLIANCEBERNSTEIN HOLDING L.P.          DE       7.01,9.01                      04/11/06

ALLIANCEBERNSTEIN L.P.                  DE       7.01,9.01                      04/11/06

ALLSTATE LIFE GLOBAL FUNDING            DE       9.01                           04/06/06

ALPHA SPACECOM INC                      NV       1.01                           04/08/06

Alternative Loan Trust 2006-OA2                  8.01,9.01                      03/30/06

AMB PROPERTY CORP                       MD       2.02,8.01,9.01                 04/11/06

AMDL INC                                DE       3.02,7.01,9.01                 04/10/06

AMERICAN COMMUNITY BANCSHARES INC       NC       5.02,9.01                      04/11/06

AMERICAN EQUITY INVESTMENT LIFE HOLDI   IA       7.01,9.01                      04/11/06

AMERICAN FINANCIAL REALTY TRUST                  8.01                           04/11/06

American Home Mortgage Investment Tru   DE       8.01,9.01                      03/27/06    AMEND

AMERICAN HOME MORTGAGE INVESTMENT TRU   DE       8.01,9.01                      03/27/06    AMEND

AMERIPATH INC                           DE       9.01                           01/31/06    AMEND

AMS HEALTH SCIENCES INC                 OK       1.01,9.01                      04/01/06

AMSURG CORP                             TN       7.01,9.01                      04/11/06

AMTECH SYSTEMS INC                      AZ       1.01,2.03,9.01                 04/07/06

ANADYS PHARMACEUTICALS INC                       5.02                           04/06/06

ANGELICA CORP /NEW/                     MO       2.02,9.01                      04/11/06

ANZA CAPITAL INC                        NV       4.01                           04/10/06    AMEND

APPALACHIAN BANCSHARES INC              GA       8.01,9.01                      04/11/06

Ardent Acquisition CORP                 DE       8.01,9.01                      04/11/06

Argent Securities Inc. Series 2006-W3            2.01,9.01                      03/14/06

ARK RESTAURANTS CORP                    NY       8.01                           04/12/06

AROTECH CORP                            DE       1.01,3.02                      04/11/06

ASSURED GUARANTY LTD                             8.01                           04/11/06

Atlantic Bancshares, Inc.               SC       1.02,5.02                      04/10/06

ATLAS AIR WORLDWIDE HOLDINGS INC        DE       7.01,9.01                      04/12/06

ATLAS AMERICA INC                       DE       7.01                           04/11/06

ATLAS PIPELINE PARTNERS LP              DE       7.01                           04/11/06

AtriCure, Inc.                          DE       1.01,5.02,9.01                 04/06/06

AUDIOVOX CORP                           DE       2.02,8.01                      02/28/06

AURORA GOLD CORP                        DE       8.01,9.01                      04/11/06

AUTONATION INC /FL                      DE       8.01,9.01                      04/12/06

AVISTA CORP                             WA       1.01,2.03,9.01                 04/06/06

AVON PRODUCTS INC                       NY       8.01,9.01                      04/12/06

AVONDALE INC                            GA       1.01,9.01                      04/06/06

BAKER MICHAEL CORP                      PA       4.01,9.01                      04/07/06

BALLY TOTAL FITNESS HOLDING CORP        DE       1.01,3.02,8.01,9.01            04/07/06

BANCSHARES OF FLORIDA INC               FL       8.01,9.01                      04/11/06

BANK JOS A CLOTHIERS INC /DE/           DE       8.01,9.01                      04/12/06

BANK OF AMERICA CORP /DE/               DE       4.01,9.01                      02/01/05

BANK OF AMERICA CORP /DE/               DE       4.01,9.01                      11/23/05

Battle Mountain Gold Exploration Corp            5.02                           04/12/06

BFC FINANCIAL CORP                      FL       7.01                           04/11/06

BIONUTRICS INC                          NV       8.01,9.01                      04/12/06

BIOPHAN TECHNOLOGIES INC                NV       5.02,7.01,9.01                 04/12/06

BOSTON SCIENTIFIC CORP                  DE       8.01,9.01                      04/11/06

BRADY CORP                              WI       1.01,9.01                      04/07/06

BRINKER INTERNATIONAL INC               DE       5.02,9.01                      04/07/06

BROADBAND WIRELESS INTERNATIONAL CORP   NV       5.02                           02/27/06

BROADCOM CORP                           CA       1.01,9.01                      04/06/06

BROOKE CORP                             KS       8.01,9.01                      04/11/06

Brooklyn Federal Bancorp, Inc.          X1       1.01,9.01                      04/11/06

BV Financial, Inc.                      X1       8.01,9.01                      04/12/06

C H ROBINSON WORLDWIDE INC              DE       8.01                           04/11/06

C&D TECHNOLOGIES INC                    DE       2.05,9.01                      04/06/06

CADMUS COMMUNICATIONS CORP/NEW          VA       1.01                           04/06/06

CAL-BAY INTERNATIONAL INC               NV       8.01                           04/11/06

CALLAWAY GOLF CO /CA                    DE       2.02,9.01                      04/11/06

CALPINE CORP                            DE       7.01                           04/12/06

CAPITAL ONE FUNDING, LLC                         8.01,9.01                      04/04/06

CAPITAL ONE MASTER TRUST                NY       8.01,9.01                      04/11/06

CARDIOGENESIS CORP /CA                  CA       8.01,9.01                      04/12/06

CARLISLE COMPANIES INC                  DE       8.01                           04/10/06

CASTLE A M & CO                         MD       7.01                           04/12/06

CATHAY GENERAL BANCORP                  DE       3.02,8.01,9.01                 04/11/06

CATO CORP                               DE       1.01,9.01                      03/30/06

Center for Wound Healing, Inc.                   2.01,9.01                      04/07/06

CENTURY BANCORP INC                     MA       2.02,9.01                      04/11/06

CERADYNE INC                            DE       2.02,9.01                      04/12/06

CERIDIAN CORP /DE/                      DE       5.02,9.01                      04/06/06

CHARMING SHOPPES INC                    PA       1.01,9.01                      04/07/06

CHIQUITA BRANDS INTERNATIONAL INC       NJ       1.01                           04/10/06

CHL Mortgage Pass-Through Trust 2006-            8.01,9.01                      02/28/06    AMEND

CIGMA METALS CORP                       FL       3.03,9.01                      04/11/06

CIRCUIT CITY STORES INC                 VA       2.02,9.01                      02/28/06

Citigroup Mortgage Loan Trust, Series            8.01,9.01                      10/25/05    AMEND

Citigroup Mortgage Loan Trust, Series            8.01,9.01                      11/25/05    AMEND

Citigroup Mortgage Loan Trust, Series            8.01,9.01                      12/27/05    AMEND

CITIZENS & NORTHERN CORP                PA       2.02,9.01                      03/31/06

CITIZENS FINANCIAL CORP/DE/             DE       2.02,9.01                      04/12/06

COINSTAR INC                            DE       1.02                           04/07/06

COLGATE PALMOLIVE CO                    DE       2.02,9.01                      04/12/06

COMMERCE BANCORP INC /NJ/               NJ       2.02,9.01                      04/12/06

COMMERCE BANCSHARES INC /MO/            MO       2.02                           04/12/06

COMPUPRINT INC                                   1.01,3.02,9.01                 04/06/06

CORNERSTONE REALTY FUND LLC             CA       7.01,9.01                      04/12/06

COTHERIX INC                                     1.01                           04/12/06

COVAD COMMUNICATIONS GROUP INC          DE       1.01                           04/06/06

CPI CORP                                DE       1.01,9.01                      04/06/06

CRA INTERNATIONAL, INC.                 MA       8.01                           04/12/06

CREDIT & ASSET REP VEHICLE CORP ALLST   DE       8.01,9.01                      04/01/06

CWABS Asset-Backed Certificates Trust            8.01,9.01                      03/28/06

CWHEQ Revolving Home Equity Loan Asse            8.01,9.01                      03/30/06

CWHEQ Revolving Home Equity Loan Asse            8.01,9.01                      03/30/06

DANAHER CORP /DE/                       DE       1.01,2.02,9.01                 04/12/06

DATALINK CORP                           MN       2.02,9.01                      04/12/06

DAYTON POWER & LIGHT CO                 OH       8.01,9.01                      04/06/06

dELiAs, Inc.                            DE       2.02,9.01                      04/12/06

DELTA NATURAL GAS CO INC                KY       1.01,2.04                      04/12/06

DEPOMED INC                             CA       1.01,9.01                      04/06/06

Deutsche Alt-A Securities, Inc. Mortg            8.01,9.01                      11/25/05    AMEND

Deutsche Alt-A Securities, Inc. Mortg            8.01,9.01                      12/27/05    AMEND

DICON FIBEROPTICS INC                   CA       1.01,9.01                      04/12/06

DISCOVERY PARTNERS INTERNATIONAL INC    DE       1.01,5.02,9.01                 04/10/06

DOCUMENT SCIENCES CORP                  DE       1.01,9.01                      04/06/06

DOLLAR FINANCIAL CORP                   DE       1.01                           03/27/06

DOLLAR FINANCIAL GROUP INC              NY       1.01                           03/27/06

DOLLAR GENERAL CORP                     TN       1.01,1.02,9.01                 04/06/06

DOUBLE EAGLE PETROLEUM CO               MD       7.01,9.01                      04/07/06

DOW CHEMICAL CO /DE/                    DE       8.01,9.01                      04/12/06

DPL INC                                 OH       8.01,9.01                      04/06/06

DUANE READE HOLDINGS INC                         1.01,9.01                      04/07/06

DYNEGY INC /IL/                         IL       1.01,2.03,7.01,9.01            04/12/06

EBAY INC                                DE       8.01                           04/11/06

EGL INC                                 TX       1.01,9.01                      04/06/06

Energy Transfer Partners, L.P.          DE       2.02                           04/11/06

ENGELHARD CORP                          DE       8.01,9.01                      04/12/06

ENTERCOM COMMUNICATIONS CORP            PA       1.01,9.01                      04/06/06

ENXNET INC                              OK       7.01,9.01                      03/15/06

FAMILY DOLLAR STORES INC                DE       5.02,9.01                      04/11/06

FAMILY DOLLAR STORES INC                DE       5.02,9.01                      04/11/06    AMEND

FARMERS CAPITAL BANK CORP               KY       8.01,9.01                      04/12/06

FARMSTEAD TELEPHONE GROUP INC           DE       4.02,9.01                      04/05/06

FASTENAL CO                             MN       2.02,9.01                      04/12/06

FIRST FINANCIAL HOLDINGS INC /DE/       DE       7.01,9.01                      04/12/06

FIRST NATIONAL BANCSHARES INC /SC/      SC       2.02,9.01                      04/12/06

FIRST NATIONAL COMMUNITY BANCORP INC    PA       2.02,9.01                      04/12/06

FOOTHILLS RESOURCES INC                          4.01                           04/06/06

FORTUNE OIL & GAS INC                            8.01,9.01                      03/02/06

FRANKLIN COVEY CO                       UT       2.02,9.01                      04/11/06

GAIAM INC                               CO       1.01,5.02,9.01                 04/10/06

GANNETT CO INC /DE/                     DE       2.02,9.01                      03/26/06

GENTEX CORP                             MI       5.02,9.01                      04/12/06

GENTIVA HEALTH SERVICES INC             DE       1.01                           04/10/06

GLACIER BANCORP INC                     DE       5.02                           04/11/06

GLADSTONE CAPITAL CORP                  MD       8.01,9.01                      04/12/06

GLOBAL SIGNAL INC                       DE       1.01,5.02,9.01                 04/05/06

GLOBALSANTAFE CORP                               7.01                           04/06/06    AMEND

GLOBETEL COMMUNICATIONS CORP            DE       5.02                           04/07/06

GRAY TELEVISION INC                     GA       5.03,9.01                      04/06/06

GTECH HOLDINGS CORP                     DE       2.02                           04/12/06

HALLIBURTON CO                          DE       4.01,9.01                      04/11/06

HALLIBURTON CO                          DE       4.01,9.01                      04/11/06

HARLAND JOHN H CO                       GA       2.02,9.01                      04/11/06

HARLEY DAVIDSON INC                     WI       2.02,9.01                      04/12/06

HARTMARX CORP/DE                        DE       4.01,9.01                      04/06/06

HEALTH SYSTEMS SOLUTIONS INC            NV       2.01,9.01                      04/06/06

HEALTHEXTRAS INC                        DE       1.01,5.02,9.01                 04/06/06

HEMISPHERX BIOPHARMA INC                DE       1.01,3.02,9.01                 04/12/06

HERCULES OFFSHORE, INC.                 DE       7.01,9.01                      04/11/06

Home Loan Trust 2006-HI1                DE       8.01,9.01                      04/10/06

HYBRID FUELS INC                        NV       5.02,9.01                      04/12/06

IBIS TECHNOLOGY CORP                    MA       1.01,9.01                      04/12/06

IDAHO GENERAL MINES INC                 ID       1.01                           04/05/06

INFINITY PROPERTY & CASUALTY CORP       OH       8.01,9.01                      04/11/06

INLAND RETAIL REAL ESTATE TRUST INC     MD       1.01                           04/12/06

instaCare Corp.                         NV       4.02                           03/27/06

INTEGRA BANK CORP                       IN       5.02,7.01,9.01                 04/12/06

INTEGRAL SYSTEMS INC /MD/               MD       8.01                           04/11/06

INTERNATIONAL MONETARY SYSTEMS LTD /W   WI       1.01,2.03,9.01                 04/12/06

INTERNATIONAL RECTIFIER CORP /DE/       DE       7.01,9.01                      04/12/06

INTERVEST BANCSHARES CORP               DE       2.02,9.01                      04/12/06

INTRAOP MEDICAL CORP                             1.01,9.01                      04/10/06

INVESTORS FINANCIAL SERVICES CORP       DE       2.02,9.01                      04/12/06

ISIS PHARMACEUTICALS INC                DE       5.02                           04/06/06

JACKSONVILLE BANCORP INC                IL       2.02,9.01                      04/12/06

KANSAS CITY SOUTHERN                    DE       8.01,9.01                      04/10/06

KANSAS CITY SOUTHERN                    DE       8.01,9.01                      04/10/06

KERR MCGEE CORP /DE                     DE       7.01                           04/12/06

KINDRED HEALTHCARE, INC                 DE       3.01,7.01,9.01                 04/11/06

KINTERA INC                                      2.02,9.01                      04/11/06

LAM RESEARCH CORP                       DE       2.02,9.01                      04/12/06

LB-UBS COMMERCIAL MORTGAGE TRUST 2006            1.01                           04/10/06

LIGAND PHARMACEUTICALS INC              DE       1.01                           04/06/06

LINCOLN NATIONAL CORP                   IN       2.03,8.01                      04/10/06

M & F WORLDWIDE CORP                    DE       2.02,9.01                      04/12/06

MAGELLAN PETROLEUM CORP /DE/            DE       8.01,9.01                      04/12/06

Maidenform Brands, Inc.                 DE       1.01                           04/06/06

MATRIXX INITIATIVES INC                 DE       8.01                           04/05/06

MEDIA GENERAL INC                       VA       2.02,9.01                      04/12/06

MEDICAL MAKEOVER CORP OF AMERICA        DE       8.01,9.01                      04/11/06

MEDISTEM LABORATORIES, INC.                      1.01,3.02                      04/07/06

MEDTRONIC INC                           MN       7.01,8.01,9.01                 04/11/06

MERCANTILE BANK CORP                    MI       2.02,9.01                      04/12/06

MERCANTILE BANK CORP                    MI       2.02,7.01,9.01                 04/12/06

MERRILL LYNCH DEPOSITOR INC PREFERRED   DE       8.01,9.01                      04/03/06

MERRILL LYNCH DEPOSITOR INC PREFERRED   DE       8.01,9.01                      04/03/06

MFC DEVELOPMENT CORP                    DE       8.01,9.01                      04/07/06

MIDWEST AIR GROUP INC                   WI       8.01,9.01                      04/10/06

MILLENNIUM BANKSHARES CORP              VA       8.01                           04/12/06

MILLS CORP                              DE       1.01,2.03,8.01                 04/05/06

MOBILEMAIL (US) INC.                    NV       4.02,9.01                      04/07/06

Money Tree, Inc.                        GA       1.02                           04/11/06

MORGAN STANLEY CAPITAL I TRUST 2006-H   DE       8.01,9.01                      04/12/06

MortgageIT Holdings, Inc.               MD       2.02,7.01,9.01                 04/12/06

MOTHERS WORK INC                        DE       2.02,9.01                      04/06/06

MUNICIPAL MORTGAGE & EQUITY LLC         DE       2.02,9.01                      04/11/06

National Health Partners Inc                     8.01,9.01                      04/12/06

NAVIGATORS GROUP INC                    DE       8.01                           04/11/06

NAVISTAR FINANCIAL CORP                 DE       4.01                           04/12/06

NAVISTAR INTERNATIONAL CORP             DE       4.01,4.02,5.02,9.01            04/06/06

NETCO INVESTMENTS INC                   WA       2.01,3.02                      04/10/06

NEW YORK COMMUNITY BANCORP INC          DE       8.01,9.01                      04/11/06

NEWALLIANCE BANCSHARES INC                       8.01,9.01                      04/11/06

Newkirk Realty Trust, Inc.              MD       2.03,9.01                      04/07/06

NEXTPHASE WIRELESS, INC.                NV       2.01,9.01                      04/07/06

NGP Capital Resources CO                MD       7.01,9.01                      04/12/06

NORTHERN BORDER PARTNERS LP             DE       1.01,1.02,2.01,2.03,5.02,      04/06/06
					         5.03,7.01,8.01,9.01   
NORTHERN BORDER PIPELINE CO             TX       1.01,5.03,8.01,9.01            04/06/06

NORTHERN TECHNOLOGIES INTERNATIONAL C   DE       2.02,9.01                      04/11/06

NOVASTAR FINANCIAL INC                  MD       7.01,9.01                      04/12/06

NYMEX HOLDINGS INC                      DE       1.01,9.01                      04/06/06

NYMEX HOLDINGS INC                      DE       5.02                           04/11/06

OMNICARE INC                            DE       1.01,9.01                      04/06/06

ONEOK INC /NEW/                         OK       1.01,2.01,5.02,7.01,9.01       04/06/06

Optionable Inc                                   1.01                           04/11/06

OSCIENT PHARMACEUTICALS CORP            MA       1.01,3.02,8.01,9.01            04/06/06

OSI PHARMACEUTICALS INC                 DE       8.01                           04/11/06

PACER HEALTH CORP                       FL       2.01,9.01                      12/06/05

PACER HEALTH CORP                       FL       2.01,9.01                      12/06/05    AMEND

PACIFIC MERCANTILE BANCORP              CA       1.01,7.01,9.01                 04/06/06

PALATIN TECHNOLOGIES INC                DE       1.01,8.01,9.01                 04/10/06

PAR PHARMACEUTICAL COMPANIES, INC.      DE       1.01,9.01                      03/16/06

PARKER DRILLING CO /DE/                 DE       1.01,1.02,5.02,7.01,9.01       04/06/06

PEDIATRIC SERVICES OF AMERICA INC       DE       1.01,9.01                      04/06/06

PEETS COFFEE & TEA INC                  WA       1.01                           04/10/06

PEOPLES FINANCIAL CORP /MS/             MS       2.02,9.01                      04/12/06

PERFICIENT INC                          DE       1.01,2.01,3.02,7.01,9.01       04/06/06

PHARMACOPEIA DRUG DISCOVERY INC         DE       7.01,9.01                      04/12/06

PHOTONIC PRODUCTS GROUP INC             NJ       5.02                           04/12/06

PINOAK INC /NV/                         NV       4.01,9.01                      04/05/06

PLIANT CORP                             UT       8.01,9.01                      04/07/06

PREFERREDPLUS TRUST SERIES MSD-1        DE       8.01,9.01                      04/03/06

PRINCIPAL LIFE INSURANCE CO             IA       9.01                           04/07/06

PRINCIPAL LIFE INSURANCE CO             IA       9.01                           04/07/06

PRINCIPAL LIFE INSURANCE CO             IA       9.01                           04/07/06

PROGRESSIVE CORP/OH/                    OH       2.02,9.01                      04/12/06

PURE CYCLE CORP                         DE       2.02,9.01                      04/12/06

QUANTA SERVICES INC                     DE       2.02,9.01                      04/11/06

RAMBUS INC                              DE       5.02,9.01                      04/11/06

RAMP Series 2006-NC3 Trust              DE       8.01,9.01                      04/11/06

RASER TECHNOLOGIES INC                  UT       1.01                           04/06/06

RBC Bearings INC                                 8.01,9.01                      04/12/06

REGAL BELOIT CORP                       WI       1.01,9.01                      04/12/06

RES CARE INC /KY/                       KY       7.01,9.01                      04/12/06

RETAIL VENTURES INC                     OH       2.02,9.01                      04/12/06

RIVAL TECHNOLOGIES INC                  A1       4.01,9.01                      04/06/06

River Rock Entertainment Authority      XX       5.02,9.01                      04/10/06

Rosetta Resources Inc.                  DE       7.01,9.01                      04/12/06

ROWE COMPANIES                          NV       1.01,2.05,9.01                 04/06/06

ROYAL GOLD INC                          DE       8.01,9.01                      04/11/06

SACO I Trust 2006-4                     DE       9.01                           03/30/06

SACO I Trust 2006-4                     DE       9.01                           03/30/06

SCHNITZER STEEL INDUSTRIES INC          OR       1.01,9.01                      04/10/06

SECURE COMPUTING CORP                   DE       2.02,9.01                      04/10/06

SEQUA CORP /DE/                         DE       9.01                           04/12/06

SEQUOIA MORTGAGE TRUST 2004-12                   8.01,9.01                      03/20/06

Sequoia Mortgage Trust 2005-1                    8.01,9.01                      03/20/06

Sequoia Mortgage Trust 2005-2                    8.01,9.01                      03/20/06

Sequoia Mortgage Trust 2005-3                    8.01,9.01                      03/20/06

Sequoia Mortgage Trust 2005-4                    8.01,9.01                      03/20/06

SEVERN BANCORP INC                      MD       2.02,9.01                      04/12/06

Shire plc                                        8.01,9.01                      04/12/06

SILVERSTAR HOLDINGS LTD                 B0       1.01,2.01,9.01                 04/10/06

SIMTEK CORP                             CO       1.01,9.01                      12/30/05

SKYLYNX COMMUNICATIONS INC              DE       1.01                           03/13/06

SMART & FINAL INC/DE                    DE       1.01                           04/06/06

SONICBLUE INC                           DE       8.01,9.01                      02/28/06

Spansion Inc.                           DE       2.02,9.01                      04/12/06

Standard Aero Holdings Inc.             DE       2.02,4.02,9.01                 04/10/06

STATION CASINOS INC                     NV       1.01,2.03,9.01                 04/11/06

STERLING FINANCIAL CORP /PA/            PA       7.01,9.01                      04/11/06

STEWART & STEVENSON SERVICES INC        TX       1.01                           04/06/06

STEWART ENTERPRISES INC                 LA       8.01,9.01                      04/11/06

Stone Arcade Acquisition CORP           DE       4.01,9.01                      04/07/06

STRONGHOLD TECHNOLOGIES INC             NV       1.01,5.03,9.01                 02/06/06

Structured Asset Mortgage Investments   DE       9.01                           02/28/06

STUDIO ONE MEDIA, INC.                  DE       8.01                           04/03/06

SUMMIT BANCSHARES INC /TX/              TX       2.02,7.01,9.01                 04/12/06

SUPPORTSOFT INC                         DE       1.01,5.02,9.01                 04/06/06

SYBRON DENTAL SPECIALTIES INC           DE       1.01,3.03,5.03,8.01,9.01       04/10/06

SYCAMORE NETWORKS INC                   DE       1.01,9.01                      04/12/06

TEEKA TAN PRODUCTS, INC.                DE       8.01                           04/11/06

TELKONET INC                                     9.01                           01/31/06    AMEND

TETON ENERGY CORP                       DE       1.01,9.01                      04/10/06

TITAN INTERNATIONAL INC                 IL       8.01,9.01                      04/12/06

TIVO INC                                DE       1.01                           04/07/06

TLC VISION CORP                         A6       8.01,9.01                      04/11/06

TOREADOR RESOURCES CORP                 DE       1.01,9.01                      04/06/06

TWIN DISC INC                           WI       1.01,2.03,9.01                 04/10/06

UMB FINANCIAL CORP                      MO       7.01,9.01                      04/12/06

UNISOURCE ENERGY CORP                   AZ       8.01                           04/12/06

UNITED SECURITY BANCSHARES              CA       2.02,9.01                      04/11/06

UNIVERSAL TECHNICAL INSTITUTE INC       DE       2.02,9.01                      04/12/06

Uphonia,Inc.                            DE       4.02,8.01                      11/23/05    AMEND

UPSTREAM BIOSCIENCES INC.               NV       5.02,9.01                      04/12/06

URANERZ ENERGY CORP.                    NV       1.01,3.02                      03/03/06    AMEND

US BANCORP \DE\                         DE       8.01,9.01                      04/12/06

US XPRESS ENTERPRISES INC               NV       1.01,9.01                      04/06/06

UTEK CORP                                        8.01,9.01                      04/05/06

UTIX GROUP INC                          DE       1.01,9.01                      04/07/06

UTIX GROUP INC                          DE       1.01,9.01                      04/07/06

VIEWSONIC CORP                          DE       1.01                           04/06/06

VIKING SYSTEMS INC                      NV       2.03,9.01                      04/07/06

VILLAGEEDOCS INC                        CA       1.01,9.01                      04/07/06

VITACUBE SYSTEMS HOLDINGS INC           NV       8.01,9.01                      04/12/06

VOUGHT AIRCRAFT INDUSTRIES INC                   5.02                           04/07/06

VOYAGER ENTERTAINMENT INTERNATIONAL I   NV       8.01,9.01                      04/12/06

Washington Mutual Mortgage Pass-Throu   DE       9.01                           03/28/06

WATER PIK TECHNOLOGIES INC              DE       8.01,9.01                      04/12/06

WESTAFF INC                             DE       1.02,5.02                      04/07/06

WET SEAL INC                            DE       1.01,5.02,9.01                 04/10/06

WHITE MOUNTAINS INSURANCE GROUP LTD     D0       8.01,9.01                      04/12/06

WILLIAMS SCOTSMAN INTERNATIONAL INC     DE       7.01                           04/12/06

WJ COMMUNICATIONS INC                   DE       1.01,5.02,7.01,9.01            04/10/06

WPCS INTERNATIONAL INC                  DE       1.01,9.01                      04/11/06

XETHANOL CORP                           CO       1.01,3.02,9.01                 04/06/06    AMEND

XL Generation International Inc.        NV       3.02                           04/06/06

YP CORP                                 NV       5.02,5.03,9.01                 04/07/06

ZOOM TECHNOLOGIES INC                   DE       4.01,9.01                      04/06/06