I used to live on the corner of
Nobel and Lebon in La Jolla, CA. That's a palindrome if you spell it Nobel & Lebon, or even Nobel 'n' Lebon.
I don't understand either Ulf's or Maneesh's post. Can someone explain them to me? Please use small words, and if you can make the explanation into a palindrome, so much the better. I'll accept Spoonerisms though.