peHUB First Read

* Debt: The first five thousands years * Brendan Moynihan: Ivory tower gives Wall Street its worst ideas * Mike Butcher says that proposed EU regs could "kill off European VC and screw startups." * Morning Call: U.S. futures point higher, London rises early, European shares climb, the Nikkei falls 1.3% and Hong Kong retreats. * Why Detroit is worth saving: Q&A with David Egner of Detroit’s New Economy Initiative * Chris O'Brien: How Ron Conway became Silicon Valley's most influential startup investor * The old gang is back together: Steve Rattner reuinites with his former Quadrangle Asset Management pals to form Willett Advisors. * Kim-Mai Cutler discusses how DST gets the hottest late-round VC deals. Unfortunately, she doesn't delve into the BIG question: How much money does DST really have, and where is it coming from?