peHUB First Read

* CIT = SAVED * LPs step up: WSJ reports that investors in Citi's $3.4 billion infrastructure fund have voted to stop new investments, after several high-profile deal collapses and co-head Michael Froman's departure for the Obama Administration. In similar news, The FT reports that LPs in Nordwind Capital have blocked a proposed investment in the U.S. in-vitro fertilization clinic market, saying that it violates the German turnaround firm's investment strategy. * David Weinberger: Transparency is the new objectivity. * Morning Call: U.S. futures up after CIT rescue, London rises early, European shares rise on banks and pharma, the Nikkei gains 0.6% despite political worries and Hong Kong hits 10-month closing high. * Steve Lohr: The crowd is wise, when it's focused. * Nate Silver challenges all climate change skeptics * Q&A with new AOL boss Tim Armstrong, including discussion of the revived/refocused AOL Ventures.