peHUB First Read

* A strong argument against passing the Startup Visa Act, and an even stronger rebuttal. * Stocks rise when celebs take board seats: "If E*Trade had simply named Lindsay Lohan a director instead of mocking her in its incredibly cute baby commercials, the company might be booming right now." * Morning Call: U.S. futures point higher, London falls early, European shares pare losses, the Nikkei keeps climbing and China shares hit 3-week high. * Why China is an incubator for female billionaires * Preqin: Private equity performance improved in Q3 * Sim Simeonov: 10 rules for better founding teams * Mark Gimein: What the Mafia can teach us about corporate fraud * Fat startups vs lean startups? Lee Hower says they're both right. * Tommy Hilfiger on weathering the ups and downs of retail fashion: "Keep the heritage of the brand intact."