peHUB First Read

Letting Go: BofA has fired 400 employees from its global banking and markets division after a management review.

Who Knew: The great recession ended in June 2009.

Facebook Error: A 14-year-old girl mistakenly posts her address and phone number to publicize her birthday and gets 21,000 RSVPs.

Scraping by on $450K: The whining rich, by Felix Salmon

Saying No to Hicks: Blackstone backs out of refinancing the Liverpool club.

A Delay: Nokia pushes back delivery of the smartphone N8.

Movie Review: Gordon Gekko is worth the wait.

Michigan VCs: A list of recent closings and firms raising money.

Making Plans: Smart phones are changing travel habits.