peHUB First Read

Cofee* Credit Suisse says an investor stole hundreds of millions of dollars from its PE funds unit: “A brazen conspiracy… to cheat and deceive on an unmatched scale.”

* Henry Blodget: Alan Greenspan’s fatal flaw was a need to be liked.

* Spencer Ante: Facebook is trying to secure $100 million, via a handful of credit lines that would help it finance leases for new hardware.

* Dan Gross: Let individual investors in on the toxic asset plan.

* Morning Call: U.S. futures point lower, London rises early, European shares dropped by oil, Tokyo’s Topix posts largest weekly gain in 12 years and Hong Kong edges up.

* What if Geithner throws a PPIP party, but no one comes?

* Justin Fox vs. carried interest as capital gains.

* Furlough envy?

* Tensions at Nomura as Lehman bonuses loom. I’ve heard similar gripes coming out of Barclays.

* Steve Randy Waldman: Degrees of recourse, vis-a-vis the Geithner toxic plan.