* Michael White: Why it’s time for Bank of America to break up

* Nicholas Carson: Why Groupon said no to Google. Pretty much the same reason David Pakman suggested last week.

* Daniel Ellsberg: “EVERY attack now made on WikiLeaks and Julian Assange was made against me and the release of the Pentagon Papers at the time.”

* Morning Call: U.S. futures point higher, London rises early, European shares climb and the Nikkei gains 0.5%.

* Charlie Rose chats with David Einhorn

* Facebook co-founders Zuckerberg and Moskovitz among those agreeing to give away at least half of their fortunes. No word on the philanthropic plans of those Winklevoss twins.

* Bloomberg poll: A majority of American are dissatisfied with the Fed. Unfortunately, the pollsters didn’t first ask if respondents even know what the Fed does (or if they simply follow @SarahPalinUSA)

* D’uh moment from Moody’s: Companies that issued PIK bonds defaulted more than those that didn’t.

* Can you spare a quarter? Crowd-funding sites turn into patrons of the arts

* Hold off on that second beach house: Morgan Stanley set to cut back on bonuses

* Tweet of the Day: @
carr2n
In a just world, I would be paid for answering relevant email in a timely, witty fashion and have nothing else required of me.

* Finra: The most financially savvy Americans live in New York, New Jersey and New Hampshire. The good people of New Mexico should be ashamed…