Morning News (S&P: Student Loans a "Bubble")

Every morning the Street of Walls team puts out an update on market levels, today’s top stories, and active M&A deals. Today’s Top Stories: KKR Private Equity Results: Kohlberg Kravis Roberts (KKR) released their 4Q 2011 earnings results this morning.  KKR reported $0.33 vs. consensus expectations of $0.72 http://bit.ly/Ar4KmN Gross Getting into Treasuries: Bill gross raised Treasuries to 38% of his Total Return Fund, the highest level since Jul ’10 http://bloom.bg/whhxk4 Homebuilding Coming Back: the head of the National Association of Home Builders says industry optimism is on the rise http://bit.ly/ACqv5k RBS Layoffs: cut as many as 300 people from its equity cap markets/cash equities…