peHUB First Read

* Steve Schwarzman apologizes * Barry Ritholtz: 2008 bailout counter-factual * Scott Olsen: HP clearly didn't think Mark Hurd was the superstar everyone else made him out to be. Or else they would have kept him. * Morning Call: U.S. futures point lower, London falls early, European shares retreat and the Nikkei edges higher. * Private equity moves into Ramallah * Female entrepreneurs talk about making it big * Nomura: China currency reforms could start "financial big bang" * D.M. Levine: The only thing costlier than a government-run prison is a privately-run prison * Paul Ceglia still says he owns Facebook. His latest evidence is a copy of a $3,000 cashier's check made out to Mark Zuckerberg. * Fun with Dodd-Frank: "US manufacturers are mounting a lobbying campaign over a provision slipped into the financial reform legislation requiring companies to declare products containing minerals from the Democratic Republic of Congo."