peHUB First Read
* Incoming New Jersey Gov. Chris Christie asks the state not to make any new private equity investments, pending review (top link). Worth noting that a member of Christie's budgetary task for is Bob Grady, who left The Carlyle Group a few months back. * Gillian Tett: Will sovereign debt become the next subprime? * Wikipedia is getting older, and an unprecedented number of its volunteers are quitting. * Morning Call: U.S. futures point higher, London rises early, Europe looks up and both Hong Kong and China jump. * Green shoot #1: PayNet finds that the smallest U.S. businesses -- those with less than $100k in outstanding debts -- have begun borrowing again. * Green shoot #2: S&P reports that distressed debt hits a 17-month low. * Man arrested for not using Twitter. * 16 year-old Charles Allatt thinks he has created Napster 2.0 (i.e., a free P2P music sharing site that isn't illegal).
