* Can’t pay your debts? Just send your lender a hand-drawn spider.
* A refi conundrum as PE loans come due.
* Morning Call: U.S. futures up, VW and banks drag down European shares at mid-day, Nikkei gains and Hong Kong steady in thin trading.
* Scott Kirsner: How entrepreneurs plan to survive — and thrive — the recession.
* Stephen Crawford: Beyond Mark-to-Market.
* Phil Gramm: Deregulation was the right thing to do.
* Gary Morgenthaler will not be a general partner on his eponymous firm’s new fund (sub req).
* Remember all those yellow pages buyouts from 2001 and 2002? Find one in a current portfolio, and I’ll show you a PE firm with a trouble spot.
* Michael Lewis: The End.
* Wallstrip on snowmobile maker Polaris Industries:
[youtube]http://www.youtube.com/watch?v=wKL2YJuOmb4[/youtube]