peHUB First Read

Some links to kick off your Tuesday:

* Investment banks might think that their biggest LBO-related trouble is all that hung debt, but there is now a second threat: PE firms raiding their leveraged finance specialists, according to Investment Dealers’ Digest

* More talk of Microsoft and Google wanting a piece of Facebook at a $10 billion (or more) valuation. Just do it already.

* Steve Syre on the pending Pogo Jet IPO. Want brutal? Try this: “Pogo Jet is an idea still too far ahead of its time for commercial success. But it can offer investors the chance to throw their money out a window from an exceptionally great height.”

* Banks are increasing the number of women on their boards of directors.