* Deal: Ackman leaves J.C. Penney board

* Bitcoin drama: NY issues lots of subpoenaes

* Divine the future: Pay attention to devs, not VCs

* Austerity payoff: Greece swings to a surplus

*Surgical M&A: Hospital mergers are driving up costs

* U.S. futures upEurope climbs and Japan rebounds.

* Jo Tango: ‘Free agent’ venture capitalists

* Paul Graham: Investor herd dynamics

* Questionable record: Cov-lite loan volume tops 2007 mark

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* Jonah Engle: How big pharma keeps meth cooks in business

* Fair play: Bank fails to read fine print, sued for violating customer’s TOS

* Rand Paul is wrong: Milton Friedman would have supported Fed bond buying

* Science: What old menus from Hawaii can tell us about changing ocean health

* A picture doesn’t tell all thousand words: Alt explanation for Tim Armstrong’s bizarre conference call firing