peHUB First Read

* Eric Janszen: Welcome to the false recovery * James McQuivey: Why the iPad actually strenthens Amazon's position. * Simon Johnson: Jaimie Dimon is the most dangerous man in America * Morning Call: U.S. futures point lower, London hits 21-month high, European shares climb and the Nikkei slips. * Regulation as capitalism's salvation * Megan McArdle: Shouldn't we just call Fannie and Freddie obligations "sovereign debt?" * Credit Suisse survey: Global hedge fund assets could match their pre-crisis peak of $2 trillion by the end of 2010. * Dow Jones is reporting that VC firms raised $4.11 billion for 34 funds in the first quarter. This is lower than the Q3 or Q4 2009 totals, but higher than Q1 2009 (sorry, no link). * Brightcove raises another $12 million "on its way to IPO." Does that mean Brightcove's VCs have given up their longstanding efforts to find a strategic buyer?