Greg, I guess you could also look at it as a voicing for a II minor sixth chord.
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Theolonius Monk would call it "D minor sixth with B in the bass" (Dm6/B or just Dm/B). That doesn't make a whole lot of sense theoretically, but it does highlight the fact that this chord is a subdominant and a dominant squashed together.
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Alot of the older jazz guys I know describe it this way. One revered Montreal bassist would cringe at the mention of a "half diminished chord" and thunder "
There ain't no such thing! It's a minor chord with the sixth in the bass!"

And some of them still refer to it simply as "sixth in the bass". As far as the question of theory, it does in fact make sense. While the older swing oriented players would more likely use locrian mode of the major scale (e.g. for Bm7b5, use the C major scale), the beboppers were just as likely to use the 6th mode of the melodic minor scale behind it. (e.g. for Bm7b5, use the D minor melodic scale). When used this way, the "sixth in the bass" thinking becomes crystal clear.
The only difference in the two modes is the ninth tone. The swing fashion would have a flattened ninth, and the beboppers would just as likely employ a major ninth note. It's subject to taste.
I still have a hard time using the natural ninth tone over half-diminished chords, depending on how I use it in the line, but for some reason including the natural ninth in chords seems less problematic.
The bridge of Dizzy's "A night in Tunisia" is often heralded as the first significant use of this chord in a modern jazz setting. Monk wrote the bridge.
-John
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www.ottawajazz.com <FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by John Steele on 11 August 2004 at 02:36 PM.]</p></FONT>