peHUB First Read

* Daily carnage report: Bloodbath in Asia, bloodbath in Europe, GE Capital scales back lending, U.S. lawmakers weigh a new stimulus package, metal values dive, Citi gives up on Wachovia, Hong Kong bankruptcy risk rises, Lehman CDS auction timeline and Jim Rogers warns of an "inflation holocaust." * If you can no longer get into investment banking, should you become a ski bum instead? * Welcome to The United States of Argentina. * Paul Volcker: We have the tools to manage this crisis.

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