Broward investors afraid of Ponzi scheme, developer buys shares of Miami Dolphins … and more

1. Broward County investors afraid of another Ponzi scheme [Sun Sentinel] and [Miami Herald]
2. Boca Beach Club gets OK from CIty Council to build condo [Boca News]
3. Mortgage insurer MGIC Investment Corp. forecasts unprofitable 2009 [Bloomberg]
4. JPMorgan reported a profit for fourth quarter, but mortgage defaults soared [AP]
5. Developer Stephen Ross buys almost all the remaining shares of the Miami Dolphins [Bloomberg]

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6. Moody’s reports declines in six of seven commercial property types [Seeking Alpha]