peHUB First Read

* William Cohan: "In the recent sale of the Texas' troubled Guaranty Bank, the FDIC appeared to favor Spain's Banco Bilbao over Blackstone, TPG, and other American private equity investors." * eBay CEO says that the Skype deal is going to close. Not sure what else he really could say... * Daniel Indiviglio: Will net neutrality lead to usage-based Internet fees? * Morning Call: U.S. futures point lower, London falls early, European shares rise on banks, the Nikkei hits one-month closing high and Hong Kong shares lose 2.5 percent. * Paul Volcker today will tell Congress to reinstate Glass Steagall. * That didn't take long... Perot Systems employee busted for insider trading on the Dell deal.