peHUB First Read

Yahoo Rumors Again: AOL and several PE firms are mulling a bid to buy Yahoo. Meanwhile, Yahoo has hired Goldman to help it field offers.

Finally: Steve Rattner is near a deal with the SEC to settle a federal probe of his role in the pay-to-play scandal. But what about NYAG Cuomo’s investigation?

Glitter Gone: Celebrity media funds may open doors but doesn’t mean big returns.

Performance: A long term look at leveraged ETFs.

No Lawsuit: UBS, in a fit of restraint, won’t act against its ex-bosses.

Suspension: A Tribune executive was suspended after sending out a memo with links to The Onion.

Maneuvers: Potash moves some staff to Canada to fend off BHP bid.

Investigation: Attorney Generals in 50 states probe foreclosure practices. Also, Felix Salmon on the enormous mortgage-bond scandal.

Picture Perfect: Why you shouldn’t eat Happy Meals.

Weighing In: The fat banker vote off.