* Not an April 1 prank: Subprime bonds are back… and popular
* William Pesek: “Lehman Shock” is kid stuff next to Fukushima
* Ronald Barusch: Does Buffett’s defense of David Sokol make sense?
* Morning Call: U.S. futures point higher ahead of jobs data, London rises early on banks, European shares climb on tech and the Nikkei slips.
* Despicable them: CEO pay soars while workers’ pay stalls
* Bob Pavey: VCs need to celebrate angels, not denigrate them
* TechCrunch is tracking the Web’s best April Fool’s Day pranks
* Richard Florida: The broken U.S. jobs factory has too many athletes, too few scientists
* MySpace CEO Mike Jones swears there’s a growing product amid his social network’s rubble
* Christine Harper: The future of Goldman’s special situations group hinges on the Volcker Rule
* Connie Loizos: One startup is counting on VC willingness to give up their spreadsheets
* Gluttony milestone: Americans are now fat enough to need bigger busses (h/t Kedrosky)
* John Melloy: Traders say the quarter’s scariest day will be April 27, when Ben Bernanke holds his first press conference
* The big deal: Nasdaq (NDAQ) and Intercontinental Exchange (ICE) offer $11.3 billion for NYSE Euronext (NYX), which represents a 19% premium to Deutsche Boerse proposal.