peHUB First Read

* Did a Wikipedia poster (sort of) break the news that all of Lehman was for sale? * In a bear market, even the teddies struggle. * “Google killer” Cuil launched earlier this summer to big hype, and over $30 million in VC funding. But TechCrunch has been on the search startup’s case before, and now learns that its VP of product has quit. * Private equity firms keep buying up debt in their own portfolio companies. The latest? KKR and Permira take up around €100 million of ProSiebenSat.1 Media notes. * Martin Hennecke: "We expect a depression in the United States. We expect a depression, very possibly, also in Europe."

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