The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMERICAN APPAREL INC COM 023850100 939 1,873,900 SH   SOLE 1,873,900 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 701 50,000 SH   SOLE 50,000 0 0
BLACKROCK CORPOR HI YLD FD V COM 09255P107 751 61,217 SH   SOLE 61,217 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 849 60,968 SH   SOLE 60,968 0 0
CAREER EDUCATION CORP COM 141665109 3,282 440,000 SH   SOLE 440,000 0 0
CUBIST PHARMACEUTICALS INC COM 229678107 3,694 50,500 SH   SOLE 50,500 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 1,591 75,000 SH   SOLE 75,000 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 543 50,000 SH   SOLE 50,000 0 0
LAM RESEARCH CORP COM 512807108 1,590 28,900 SH   SOLE 28,900 0 0
NUVEEN CA DIV ADV MUNI FD 3 COM SH BEN INT 67070Y109 794 65,000 SH   SOLE 65,000 0 0
NUVEEN QUALITY INCOME MUN FD COM 670977107 997 75,000 SH   SOLE 75,000 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 1,130 50,000 SH   SOLE 50,000 0 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 696 100,000 SH   SOLE 100,000 0 0
RADIOSHACK CORP COM 750438103 2,319 1,093,700 SH   SOLE 1,093,700 0 0
SANDRIDGE ENERGY INC COM 80007P307 3,684 600,000 SH   SOLE 600,000 0 0
SANOFI RIGHT 12/31/2020 80105N113 155 500,000 SH   SOLE 500,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 338 250,000 SH Call SOLE 250,000 0 0
STR HLDGS INC COM 78478V100 1,034 650,000 SH   SOLE 650,000 0 0
VOLCANO CORPORATION COM 928645100 1,801 91,400 SH   SOLE 91,400 0 0