peHUB First Read

Some links to kick off your Wednesday:

* Chuck Grassley says his bill to raise taxes on publicly-traded PE firms is stalled, but he’s moving ahead will efforts to raze offshore tax shelters.

* European buyout bigs form their own lobbying group.

* Steven Davidoff doesn’t have much sympathy for Blackstone’s position in the ADS case.

* Looks like online video Revver will be the next VC-backed bust. Nearly $15 million in VC funding, and now its begging to be acquired for between $300k-$500k.

* Rob Shurtleff on bridge notes to nowhere.

* Can Warren Buffett broker a MicroHoo truce?

* Carl Icahn is launching a blog. This is a good time to remind you that I’ll be interviewing the activist king at Buyouts East on March 5 in New York.