peHUB First Read

* Credit Crunch: The board game.

* Chris Cox: The buck stops everywhere else.

* Morning Call: U.S. futures point lower, European shares fall in early trading, Nikkei slips after BOJ rate cut and Hong Kong falls on HSBC.

* Battery Ventures has a holiday game of Snow Invaders for you to play.

* Carl Icahn: Is North Dakota the new Delaware?

* Carney’s got photos of where Bernie Madoff’s accountant is likely holed up.

* Third Avenue Management sends a letter to clients, telling them not to worry.

* David Cohen: Boomerang Founders.

* Some remedies for curing newspapers.

* Lump of coal: Credit Suisse is still paying bonuses, but with illiquid loans and bonds instead of the traditional cash and stock. Heidi says that the move hasn’t gone over too well.

* Just because: