peHUB Second Opinion 08.08

Apocalypse, Now: The Dow dives 600 points while the S&P 500 drops nearly 7%. Meanwhile, Felix Salmons says to "buy stocks, sell bonds." After the Downgrade: Congressional panel is probing the S&P. Deal: Capital One is in talks to buy the U.S. credit card portfolio of HSBC Holdings. Party: What was Sun Capital's Marc Leder doing in the Hamptons recently? Crash Victims: Pandora, LinkedIn, Renren all lose value as markets sink. Departure: Charlie Kindel, Microsoft's executive in charge of selling the Windows Phone 7 story to mobile developer, is leaving to do his own startup. Joe Hobot: App browsing is easier for Blackberry Beta Zone users. Lawsuit: DSK is sued by Manhattan hotel housekeeper who claims he sexually assaulted her. Arrogance: What not to include in your cover letter. Stop Posting: Facebook use may lead to psychological disorders in teens.