Baby, It's Cold Inside Award

By DAVID ELLIS/

MIKE MILKEN

Wall Street wags are convinced that the junk-bond king will cooperate with federal prosecutors in return for a reduction of his 10-year prison sentence. Why? Toupees are not allowed in the federal penal system, and Milken, who wears one, can't bear the thought of going bare.

With reporting by David E. Thigpen