peHUB First Read

* Worldwide Q2 M&A Review * When the leeches come for Jacko's money, they'll be knocking on Fortress Investment Group's door. * Bruce Bartlett: Why isn't the stimulus stimulating? * Morning Call: U.S. futures point lower, London up early on crude, Europe gains on financials and commodities, the Nikkei rises 0.8% and Hong Kong shares keep rising. * Bob Borchers has stepped down as Apple's global head of product marketing for iPhone, in order to join a VC firm. * Felix Salmon rips "John Carney's bizarre crusade against the CRA." Lots of comments section activity on this, including from Carney.