peHUB First Read

* Q&A with Henry Kravis and George Roberts * Megan McArdle: Should I stop worrying and learn to love the deficit? * Intel Capital's Ashish Patel warns that European venture capitalists "will get more and more risk averse, take safer bets, in order to provide and produce better returns.” * Morning Call: U.S. futures point higher as all eyes are fixed on the Fed, London rises early, European shares climb on banks and autos, the Nikkei reverses course and both Hong Kong and Shanghai gain. * An end to the Skype battle may be near, with Index Ventures out and Skype's founders in. * William Cohan: Is Larrry Summers the financial crisis MVP? * The CIA keeps investing in semiconductors. * Dan Gross: Is there a contradiction between a strong U.S. stock market and a weak U.S. consumer? Maybe not.