peHUB First Read

* Floyd Norris on corporate subprime (i.e., bad leveraged loans). It's the next fiscal shoe to drop and, like with subprime mortgages, we really don't know where all the bad stuff is sitting, or how much of it there is. * Is North Dakota the new Delaware? * A look back at the top Web properties of April 1999, in light of Yahoo announcing that it will pul the plug on GeoCities (#6). * Morning Call: U.S. futures are mixed (Ford is up 12%), London rises early, European shares jump, the Nikkei falls 1.6% of JFE and autos and Hong Kong shares edge higher. * Candover gets takeover proposals. * How cleantech companies should go about getting stimulus dollars. The first step is to act now. * Angel investing today is where VC was 25 years ago. * B-school bashing is totally in vogue right now, and Michael Jacobs is the latest to pile on.