peHUB First Read

Cofee* The Obama Administration reportedly is considering regulations on finance sector compensation. Here come the gilded pitchforks…

* On the other hand, Bob Williams realizes that Obama is actually trying to cut taxes for some of the nation’s wealthy: “The administration’s tax proposals call for hiking the top two tax rates from 33 and 35 percent to 36 and 39.6 percent and raising the threshold to get into the new 36 percent bracket. For couples, that bracket would start at $231,300 in 2009, up from $208,850; the starting point for singles would climb from $171,550 to $190,650.”

* Morning Call: U.S. futures mixed as investors await retail sales data, London falls early, European shares stumble, the Nikkei rebounds and Hong Kong edges lower.

* The past decade’s 10 biggest tech failures.

* Matt Eventoff: Two major mistakes entrepreneurs should avoid when pitching to VCs.

* Intel gets slapped clobbered with a $1.4 billion antitrust fine by the European Union.

* Is Hulu a victim of its own success? Really seems to be a case of television content producers trying to prevent themselves from becoming the next newspaper publishers, but it may be a losing battle…

* Boston’s Newbury Street loses another anchor retailer. The vacancies there have become very noticable.

* Newt Gingrich admits at ACG InterGrowth that nixing Glass-Steagall may have been a mistake. All I keep wondering is why so many people still care what Newt Gingrich has to say…

* Kudlow and Gasparino discuss what types of regulations may be applied to PPIP participants: