peHUB First Read

* Heidi Moore on junk bonds (now with less junk) * Justin Fox: Financial reform ideals vs. financial reform realities * Roger Ehrenberg: How an angel investor becomes a venture investor * Steve Lohr on the Bilski ruling: "There was a clear message for patent trolls, patent brokers and licensing companies, patent lawyers and lobbyists: Play on!" * Morning Call: U.S. futures point lower, London falls early, European shares extend losses and the Nikkei hits a 3-week low. * A tale of three angel financings * Micha Rosenbloom: Trolling for technologies (and a good beer) * Windows 8 details get leaked. Maybe some MS employee left his PC in a bar... * Doug Kass: The world is a mess, because all we care about is the short-term