peHUB First Read

* Imagining the future of business television * Last week I reported that The Blackstone Group was still planning to hold its final fund close on June 30. Seems that things have changed. * Near the end of an exhaustive piece on Apollo Management, Bloomberg notes that Leon Black wasn't the only Black to use the disreputable services of placement agent Al Villalobos. So too did his brothers-in-law. * Morning Call: U.S. futures point lower, London rises early, European shares boosted by banks and the Nikkei gains 2.8%. * David Gaffen: 5 questionable arguments against the double-dip * Recognition dilution: 30% of everyday MLB players are named All-Stars * Googler's take on social networking reveals chinks in Facebook's armor * Good news: The feds are creating a system to detect cyber assaults on private companies and government agencies. Bad news: They've given it the Orwellian name "Perfect Citizen." * Little girls give away lemonade for free. Get criticized as extensions of America's socio-economic ills. At first I thought this column was a joke, but then sadly realized it wasn't. I hope the author goes thirsty.