peHUB First Read

* Clear Channel is cutting 1,850 jobs, or 9% of its workforce. Where are those “private equity creates jobs” studies when you need them?

* Four questions for Tim Geithner, and they have nothing to do with income taxes.

* RIP: Edmund de Rothschild

* Morning Call: U.S. futures mixed after sell-off, European shares drop on banks, Nikkei hits a 7-week low, Hong Kong is one week worse.

* The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong (.pdf)

* What companies are actually doing well.

* Jack McHugh: Turn TARP into a gift matching program.

* Henry Blodget: Is the new Administration same as the last, when it comes to banking policy.

* WhiteHouse.gov is brand-spanking new, but the Obama team should allow comments on its blog.

* George Soros says that Obama is going to have to leave that $850b figure in the dust, if he really wants to stimulus to work.

* And finally…