peHUB First Read

* Skype Scorecard: Who won and who lost? * Bad investment habits come back from the dead * Mark Gimein: Do market libertarians believe their own hype? * Morning Call: U.S. futures point higher, London rises early, European shares gain after G20, the Nikkei edges up and Shanghai hits 3-month high. * The technology behind Madoff's scam * Fred Wilson on the inclusion of option pools in the pre-money valuation of VC deals: "The option pool is absolutely a piece of the price negotiation. But it is a very important one." * CalPERS board president Rob Feckner asks his fellow board members to stop meeting privately with fund placement agents. He should also ask why they were ever doing so in the first place. Pretty sure that's why CalPERS spends all that money on investment staff and outside gatekeepers.