peHUB First Read

* Robert Reich: The economic recovery will never begin. * Dan Gross states the obvious: It's too soon to pass judgment on the stimulus, one way or the other. * Cerberus chief Stephen Feinberg, in a letter to investors: "It kills us that we have lost money and been part of the problem for you." * Morning Call: GM expected to announce exit from bankruptcy at 9am press conference, U.S. futures point lower, FTSE keeps dropping, Europe up then down, the Nikkei closes out its worst week since January and China and HK shares drift downward. * Paul Kedrosky: Farming is the next big thing... * ... Or maybe it's M&A bankers (back from the dead?) * How can anyone take Google's Android phone seriously, when Eric Schmidt is still carrying a BlackBerry?