peHUB First Read

* Barry Ritholtz: How will the Chrysler bankruptcy -- and the Obama response -- affect insolvent banks? * More bad news for Aldus Equity, which now runs the risk of becoming this scandal's Triumph Capital. Connecticut terminated its relationship yesterday, and the Los Angeles Fire & Police Pensions will vote on a similar move this Thursday. * Nogales Investors has finally bought Numero Uno Market, three years after first signing its letter of intent. In the interim were 55 felony counts and a possible life sentence. * Morning Call: U.S. futures mixed, London rises early, European shares hit 16-week high, the Nikkei keeps climbing and Hong Kong edges upward. * Stress test results: Ten of the nation's 19 largest banks will be told to raise more capital. * TPG Capital sounds like it's taking a page from Apollo Management's playbook, by telling investors that it's not really a leveraged buyout firm. * The private equity industry, aided by secondary firms, raised around $30 billion in new fund capital last month.