peHUB First Read

* Remember all that old (bogus) talk about LBO firm collusion? Well, things don't look too clubby anymore. * Jack McHugh: Some questions for the "Perfect 10" TARP repayers. * Forget traditional economics. Just pay attention to the underwear index. * Morning Call: U.S. futures point higher, London rises early, European stocks rise on oil & TARP repayment, the Nikkei hits 8-month closing high and Hong Kong snaps slump. * 10 dumbest tech products so far. * Paritosh Bansal: J.C. Flowers also bid for BankUnited, thus keeping intact its streak of bidding on virtually every troubled financial institution on the block (and for losing most of those auctions).