peHUB First Read

* No waiting: Banking regulators aren't waiting for Obama to impose stricter risk standards, although the private equity stuff is all White House. * Unintended consequence: Obama's bank rules could sink community development VC funds * At SEC, the system can be deaf to whistleblowing * When things stop getting verified, and start getting unreal: Five journalists picked to live in a house and report based only on Twitter And Facebook * Morning Call: U.S. futures point higher on GE earnings, London opens flat, European shares slip, the Nikkei hits 3-week closing low and China shares stumble. * Sim Simeonov: How entrepreneurs can raise money without lying to investors * Mark Suster: How entrepreneurs can work with lawyers (without wanting to gouge their eyes out) * Private equity as sugar daddy for homebuilders. * Barry Ritholtz says WSJ has jumped the shark: "The politicalization of the WSJ has moved to a new and more dangerous phase. The paper is now in danger of being a money loser — not for its investors (tho that has already happened), but for those traders who read its content."