peHUB First Read

* Duncan Kerr: Junk bonds are the new leveraged loans. * Bijan Sabet: Paying attention to anti-VC sentiment (part ii) * The Deal says goodbye to founder Bruce Wasserstein. * Morning Call: U.S. futures lower on GE and BoA earnings, London rises early, European shares fall on BoA, the Nikkei edges higher and Hong Kong shares slip on profit-taking. * Lance Knobel: Venture capital harms your wealth. * Eli Noam: Farewell, macroeconomics. * The Epicurian Dealmaker stands up for investment bankers, and the college grads who want to join them.