peHUB First Read

Cofee* Bat Boy lives!!! 

* Could GMAC qualify as a “bank” under the Treasury Department’s bailout plan? That’s the hope of hedge fund manager — and GMAC shareholder — David Bullock, according to a letter he sent to the financing company’s CFO. I wonder if Cerberus paid for the postage…

* Morning call: Futures dip over earnings concerns, and the Asian markets tumble.

* Dan Freed: Are credit swap defaults bad enough to ban?

* Carl Icahn: Paulson demanded too little from banks on executive comp.

* Lehman failure dogs Evergreen Solar.

* The new breed of CFO.

*’s perfect timing: $32m Series C round.

* Hank Paulson on Charlie Rose: