Oaktree Capital Management Source: Oaktreecapital.com _Fish don't fry in the kitchen; Beans don't burn on the grill. Took a whole lotta tryin', Just to get up that hill. Now

we're up in the big leagues, Gettin' our turn at bat. As long as we live, it's you and me baby, There ain't nothin wrong with that._ _--“Movin' on Up", Janet

DuBois_ -Below Oaktree Capital founder Howard Marks puts down $52.5 million for a 30 room Co-Op. ROBERT HUM'S MARKET MUSINGS * Poor start to week: stocks close at 3-month lows as Europe

concerns linger * Dow sees 8th triple-digit decline of the year * No safe haven here: gold loses 2012 gains * Crude oil slides to 5-month low * U.S. Dollar Index up 11 straight days, seeks

Groupon’s stock has soared nearly 40% from Friday’s close. WHAT WALL STREET IS SAYING TONIGHT FACEBOOK IPO LATEST: As of 730pm ET sources tell CNBC’s Kate Kelly FACEBOOK is revising range to

$34-$38. Facebook is expected to refile with new range tomorrow. New range values company from $92B to $103. GROUPON BEATS EXPECTATIONS ON DOMESTIC GROWTH, LOWER COSTS/CNBC.com - Julia

Boorstin: "Investors who snapped up Groupon shares on Friday certainly snagged a deal. After reporting earnings after the bell Monday, the online deals service's shares climbed,

gaining some 33 percent since Friday’s close. The after-hours action extended today’s rally-Groupon's stock soared 18 percent as 14.7 million shares traded hands-the heaviest trading of

the stock since its IPO on November 4. Investors were betting on growth, and that’s exactly what Groupon’s earnings revealed." HEARD ON THE STREET/BEWARE GROUPON'S BEGUILING

BOUNCE/WSJ- Rolfe Winkler: “A house of cards, Groupon isn't. But don't mistake it for a potential profit machine, nor buy the stock. The worst critics of the leading Internet

coupon site have, in the past, argued that its business model would collapse when it dialed down marketing expenses. Without spending to promote its daily deals, it would be tough to

generate growth. But even as the marketing budget has fallen drastically, to 21% of revenue in the first quarter from nearly 50% in 2011, Groupon still managed to increase its top line.

Sales in the first quarter grew 14% from the fourth quarter. Yet even though marketing expense has fallen, the company still doesn't generate net profit.” MOODY'S DOWNGRADES 26

ITALIAN BANKS/WSJ - David Enrich: "Moody's Investors Service kicked off its long-awaited downgrades of European and global banks by docking the credit ratings of 26 Italian

lenders, a move that could ratchet up the continent's banking woes at a critical time for the currency union. The downgrades, which cite the banks' vulnerability to mounting loan

defaults and potential funding problems, were expected, but they nonetheless add to concerns by making it more expensive for the banks to finance themselves via the capital markets." NO

YAHOO SEVERANCE FOR SCOTT THOMPSON: FILING/CNBC.com: “Scott Thompson won't get severance compensation after leaving as Yahoo's CEO in a scandal about his resume, according to a

filing. The filing also said Yahoo agreed to appoint activist investor Daniel S. Loeb, Michael J. Wolf and Harry J. Wilson to the board, effective Wednesday.” TEPPER'S APPALOOSA BACK

INTO BIG BANKS, TECH IN FIRST QUARTER/Reuters: "Famed hedge fund manager David Tepper piled into leading technology, financial and airline stocks in the first quarter. Tepper's

Appaloosa Management L.P. added new positions in Google , EMC , Qualcomm and SanDisk while almost quadrupling holdings of Apple and almost doubling a stake in Microsoft since the end of

2011, according to the firm's first-quarter disclosures statement filed with the Securities and Exchange Commission on Monday." EX-NEWS INTERNATIONAL CEO REBEKAH BROOKS TO LEARN

TOMORROW IF SHE WILL FACE HACKING CHARGES/AP: "Former News of the World editor and News International chief executive Rebekah Brooks will learn Tuesday whether she faces charges

stemming from Britain’s phone hacking investigation, a spokesman for the law firm representing her said Monday. Kingsley Napley spokesman Paul Askew confirmed reports in Britain’s media that

Brooks and her husband, Charlie, would learn of any possible charges when they answered bail on Tuesday. He declined further comment." OAKTREE CAPITAL FOUNDER NEW OWNER OF

MANHATTAN'S PRICIEST CO-OP/Reuters: “Oaktree Capital founder Howard Marks paid a record-smashing $52.5 million for a sprawling Manhattan apartment nestled inside what is arguably the

city's most exclusive building: 740 Park Avenue. Marks and his wife, Nancy, will move into the co-op — a spread that spans two stories and 30 rooms. The apartment comes with two

libraries, eight bedrooms, 10 bathrooms, six terraces and a dining room. Plus a spare. The maintenance is $412,000 a year.” NEW JERSEY MAN BOASTS MAGNETIC ATTACHMENT TO IPOD/Reuters – Dave

Warner: “Professional body piercer Dave Hurban is a man attached to his iPod. Literally. Hurban, 21, who works in a tattoo parlor in Newfield, New Jersey, implanted four metal studs in the

skin of his wrist and secured his iPod to them magnetically.” TOMORROW'S EARNINGS Before the bell: Home Depot, TJX Cos., Saks After the bell: JC Penney, Ralcorp TOMORROW'S ECONOMIC

DATA 830a  Apr Retail Sales 830a  Apr CPI 830a  May Empire State Survey 1000  May NAHB survey 1000  Mar Business inventories TOMORROWON CNBC Donald Trump, Trump Organization Chairman (730a)

Roger Lowenstein, Sequoia Fund Outside Director (800a), Jon Steinberg, Buzzfeed President (1000a) Bill McDermott, SAP Co-CEO (1000a) Chris Kelly, LOYAL3, Facebook Fmr Chief Policy Officer

(130p) Carol Pepper, Pepper International CEO (200p), Bill Cowher, Fmr. Pittsburgh Steelers Head Coach (500p) Wilbur Ross, WL Ross CEO (500p) _Follow Tom Rotunno on Twitter: @tomrotunno_

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