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Wall Street's self-regulator has ordered Morgan Keegan to pay basketball star Horace Grant the award issued by an arbitration panel by early next month or face suspension. Morgan Keegan, which says its license isn't in jeopardy, has already paid Mr. Grant $1.59 million for losses he sustained in its mortgage-backed bond funds but is disputing the rate of interest that should apply on the award. Mr. Grant's attorney contends that his client is owed a total of $1.92 million. Wall Street Journal

Law, Horace Grant 

Former Chicago Bulls forward Horace Grant said facing 7-foot-1, 325-pound Shaquille O'Neal on the basketball court would be preferable to the years-long legal struggle he has waged to collect $1.46 million that securities arbitrators say a brokerage owes him. “I would rather play against a guy like Shaq any day than to chase something that is mine that was taken,” Grant told Reuters last week. Lawyers for brokerage Morgan Keegan & Co had just argued in a California appeals court that Grant's award for losses tied to a group of troubled bond funds should be overturned. Chicago Tribune

Shaquille O'Neal, Horace Grant 

Jackson believes Smith’s book played a role in Jordan backing off his so-called supporting cast, as well as allowing the coaches to more effectively restore a level of order and maintain control of the team. “That was probably a part of the dynamic,” said Jackson. “There were a lot of things that contributed to that. I think one of them was Michael playing in a system in which he had to form-fit himself into a group. He had to start trusting his teammates, which came from the appreciation of their individual skills and abilities. Finally, some of the shine came off the idolatry and the unbelievable press Michael got his first four or five years of his career where he could do everything from sew to cook. Spending time away from games and practices with the various players from the 1991 championship team, including Horace Grant, above, helped Smith share a revealing, behind the scenes look at the Bulls in The Jordan Rules. “I think it gave him more of a humanistic appreciation. It brought his star down to a level where he was a human being who was extraordinary in every sense of the word athletically and was driven by an incredible amount of competitive drive to win a championship. I think that was probably the defining message that came from that book.” NBA.com

Chicago Bulls, Michael Jordan, Phil Jackson, Media, Horace Grant, Sam Smith 

NBA greats Dennis Rodman and Scottie Pippen strut their stuff before local fans tonight as they take on the local legends in the PLDT All Star Basketball Challenge at the Mall of Asia Arena. The duo, along with fellow former NBA stars Horace Grant, Mitch Richmond, and Jason Williams, expressed excitement over playing before Filipino fans and vowed to put up a show in their one-game exhibition set at 7 p.m. philstar.com

Scottie Pippen, Jason Williams, Horace Grant, Dennis Rodman, Philippines 

“We feel great, excited to be here. We know we have a lot of great, knowledgeable fans here and we hope to put on a great show for them,” said Pippen, the former Chicago star who played alongside the great Michael Jordan in the Bulls’ title romps in the NBA in the 90s. “We’ll show them we’re not over the hill yet, we’ll give it a good show,” said Rodman, who sort of expected his estranged father, Philander, who is based in the country, to show up like he did the first time the rebounding demon visited Phl. philstar.com

Scottie Pippen, Jason Williams, Horace Grant, Dennis Rodman, Philippines 

The ex-NBA greats came straight from the airport to attend yesterday’s presscon at MOA where Pippen, the six-time NBA champ and Hall of Famer, was also asked about his opinion on the supposed comparison between the original 1992 Dream Team and the 2012 US Olympic squad. He said Kobe Bryant and his teammates should first accomplish the task at hand – win the gold in London – before they can start the debate as to which is the better one. “That’s Kobe’s opinion, he has the right to express his opinion for the team and build their confidence up,” said Pippen, referring to Bryant’s remarks that the current US team could beat Pippen’s peers in the Barcelona Games that included fellow Hall of Famers Michael Jordan, Magic Johnson and Larry Bird. “But that’s something we’ll never know the answer to, which is the best thing. If they bring home the gold, then we can start the debate,” he said. philstar.com

Los Angeles Lakers, Kobe Bryant, Scottie Pippen, Jason Williams, Horace Grant, Dennis Rodman, Philippines 

The fall of 1992 tugged at Grant's pride and his sense of fairness. Jordan and Pippen had just come back from winning a gold medal with the Dream Team, and were best buds and tighter than ever. Grant felt left out, and didn't particularly like the fact that Jackson let them rest during training camp. "I mean, it was tough," Grant said. "But when you put the team first, everything comes easy." ESPN.com

Chicago Bulls, Miami Heat, Chris Bosh, Horace Grant 

Today, Grant has four NBA championship rings and zero regrets. He was watering his lawn in southern California on a recent Thursday afternoon, living the life of a retired and very content man. He has the NBA League Pass at home, and watches a lot of Heat basketball. He sees himself in Bosh, says the kid needs to bulk up a little more so he can be stronger inside. But Grant loves the way Bosh plays. He hopes Bosh takes time to savor this season, warts and all. "I know what Chris is going through," Grant said, "being that third fiddle. I would say to Chris, 'Don't worry about what other people say. Do what you do, and do it well.' Winning a championship is what it's all about." ESPN.com

Chicago Bulls, Miami Heat, Chris Bosh, Horace Grant 

Is Scottie mad at Michael [Jordan] about something? Is he holding a grudge, Horace? “(Laughing) I hope not, I don’t think so, but you know to say that somebody, I mean listen, I’m mean I’m kinda at a loss of words cause Michael Jordan I mean when you win numerous MVPs and you’ve taken the team to six championships and probably could have been eight if he didn’t retire those two years. You know MVP’s and the playoffs and the championships I mean man he made us better, he made believe me, he, myself, Scottie, BJ, even Bill Cartwright who I still love, he made us better players. He gave us that confidence, but first we had to earn his trust and once we earned his trust man you know you saw championship after championship and as far as talent wise, that’s no man. Who do you want to take that last shot when three seconds are left in the game? Who do you want the ball in their hands the last 3 seconds? He proved that he can score the last few seconds of a ball game or if he gets double teamed that Steve Kerr or John Paxson are right there so you know I love Scottie, but I totally disagree.” Sports Radio Interviews

Chicago Bulls, Miami Heat, LeBron James, Michael Jordan, Scottie Pippen, Horace Grant 

He’s taken a beating by Bulls fans as you can imagine Horace. You’ve heard it before too so you know what it’s like. If Scotties listening right now what would you say to him? “You know this is a great country we live in. You’re entitled to your opinions but your uhh uhh…[Waddle: YOURE WRONG!] Yeah, yeah he’s wrong on this one.” Sports Radio Interviews

Chicago Bulls, Miami Heat, LeBron James, Michael Jordan, Scottie Pippen, Horace Grant 

In a radio interview with WMVP-AM in Chicago, Horace Grant says he “totally disagrees” with former Chicago Bulls teammate Scottie Pippen that LeBron James may be a better player than Michael Jordan: “Wow. Pippen’s my man, and we’ll always be close, but I totally disagree. LeBron is going to be one of the top players to ever play the game, but Michael Jeffrey Jordan — who we bumped heads at times — is I think, the best basketball player I’ve ever seen.” Tucson Citizen

Miami Heat, LeBron James, Michael Jordan, Scottie Pippen, Horace Grant 

Former Chicago Bulls power forward Horace Grant, from his home in California, has been like any other fan watching the team in the playoffs. And like many other Bulls fans, he has not been pleased with what he has seen from Carlos Boozer. "It will be a long time before I could be a head coach, because I don't care how much money you get paid," Grant said. "If you're not producing more or if I feel you're hurting the team, especially in the playoffs, I'd bench you. "If Boozer is having an off-game scoring, he has to do other things. You have to rebound and you've got to play defense." ESPN.com

Chicago Bulls, Carlos Boozer, Horace Grant 

After Wednesday night's game, Boozer said his toe was "still hurting" and affecting his elevation "a lot." "Well, then sit down," Grant said. "If you're that bothered by it, sit down, seriously. "I like Boozer as a person, but if you're hurt like that, it's a liability for the team. I'm pretty sure Taj Gibson would be a very good replacement. This Bulls team is built where if one guy goes down, he has a good backup." ESPN.com

Chicago Bulls, Carlos Boozer, Horace Grant 

Kevin Ding: Reflecting on career, Phil took little jabs at Smush, Sasha and Farmar. Phil's favorites included HGrant, Kerr, Buechler. Twitter

Chicago Bulls, Los Angeles Lakers, Jordan Farmar, Steve Kerr, Sasha Vujacic, Phil Jackson, Coaching, Horace Grant, Smush Parker, Jud Buechler 

Sam: I’ve always had a soft spot for Horace, so I go with him as well, though also because he was a more well rounded and disciplined player than Noah. Maybe Noah eventually becomes that. Everyone loves his effort, which is great, but already he is missing way more games than Horace ever missed and there were times fans accused Horace of being a malingered. In Horace’s first six seasons with the Bulls he missed combined 16 games. NBA.com

Chicago Bulls, Horace Grant, Joakim Noah 

Now there’s a lot of uncertainty with a potential lockout for next season. You suffered one as a player in 1999. Which advice would you give to the Players’ Union and the owners in order to avoid a second and surely hurtful lockout? Horace Grant: I think the Players’ Union and the owners got to come to some type of agreement. It’s not just about the players and the owners, they have people depending on the NBA for their livelihoods. You have small markets like Indiana, Cleveland, New Orleans, maybe Memphis… Those people in those communities need the NBA to survive. There’s so much to share. How much is it enough for both sides? HoopsHype

Cleveland Cavaliers, Indiana Pacers, Memphis Grizzlies, New Orleans Hornets, CBA, Horace Grant, Lockout, NBPA, Owners 

So maybe, if both sides thought about all the people that would be seriously affected by a lockout, would that change the whole perspective of the situation? Horace Grant: I think the people in those small markets should do a commercial or something. To talk to the players, talk to the owners, and make it heartfelt and be honest about their true feelings… Maybe that would bring the two parts to an agreement. HoopsHype

CBA, Horace Grant, Lockout, NBPA, Owners 

As you can see from the chart below, the top individual season doesn't belong to either of the famous Celtics trios, nor a couple other ballyhooed triumvirates. Rather, it's the 1991-92 Bulls with Michael Jordan, Scottie Pippen and Horace Grant. How? Well, Jordan won the MVP award and was the league's best player, all three had PERs in the 20s and they played more than 9,000 minutes between them. If you think this was just a case of Jordan's greatness lifting the overall average, you couldn't be more wrong. Actually, Jordan is the "weak" link here. As a great third banana, Grant brought up the average substantially -- his 1991-92 season had an EWA of 12.9, tying with Tony Parker in 2007 for the best mark of any third wheel. Pippen also had the best EWA of any No. 2 performer that season. The Bulls would have ranked even higher except that Jordan had something of an off year by his own ridiculously lofty standards. ESPN.com

Chicago Bulls, Michael Jordan, Scottie Pippen, Horace Grant 

Speaking exclusively to MVP, Grant – who won three titles with the legendary Chicago team of the 90s – said the Londoner deserved a place at the All-Star Game. “Most definitely,” he insisted. “I have always liked Luol’s game. He’s a slasher, he’s a scorer – and plus he can play defence.“After signing that big contract, he just had a down year and a half – and many guys go through that. But right now I think he’s definitely redeemed himself, in terms of coming out this year and just playing some great basketball. And he does have a legitimate shot to make the All-Star team”. MVP 24/7

Chicago Bulls, Luol Deng, Horace Grant 

Ex-NBA star Horace Grant has filed a $3 million securities arbitration claim against Morgan Keegan & Co. regarding losses in mutual funds that supposedly had interests in collateralized debt obligations, according to a Dow Jones Newswires story this morning. At the same time, ProPublica is reporting that the SEC is investigating whether JPMorgan (JPM) allowed a hedge fund to improperly pick assets for a $1.1 billion deal backed by subprime mortgages. barrons.com

Horace Grant