peHUB First Read

* Bijan Sabet: Beware of the complicated deal. * Nikki Finke has plot and casting details for Wall Street II (which reads like it may be sub-headed "Gekko's Redemption"). * Catherine Rampell: How would the economy look under President McCain? * Morning Call: U.S. futures point lower, London drops early, European shares down on banks and commodities, the Nikkei edges upwards and Hong Kong shares climb on recovery hopes. * Tim Geithner still can't sell his New York home. * NY Kickback Scandal Update: Seems David Loglisci told ethics overseers in 2003 that he had relinquished his financial ties to Chooch, the film he is accused of shaking down PE pros to help finance. This revelation is being portrayed as a hinderance to Cuomo and the SEC's case against Loglisci, but to me it reads like just a minor complication. Even if David Loglisci wasn't directly benefitting from Chooch, his brother still was (original investment was a family partnership) -- and people have been known to help out immediate family members from time to time. Unless, of course, there is evidence that David Leuschen and Saul Meyer also were pals of the brother...

3 June 2009•2 mins read
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