peHUB First Read

* Clear Channel is cutting 1,850 jobs, or 9% of its workforce. Where are those "private equity creates jobs" studies when you need them? * Four questions for Tim Geithner, and they have nothing to do with income taxes. * RIP: Edmund de Rothschild * Morning Call: U.S. futures mixed after sell-off, European shares drop on banks, Nikkei hits a 7-week low, Hong Kong is one week worse. * The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong (.pdf) * What companies are actually doing well.