Pre-Marketing 5.12.11

May 12, 2011, 3:31 PM UTC

* Sore loser: Raj’s attorney flips off CNBC

* Jessica Hall: Is no biotech too big to buy?

* William Cohan: Don’t let go of the anger toward Wall Street

* Dan Lyons: Facebook busted in clumsy PR attack on Google

* Annie Lowrey: Why college loans are not like subprime mortgages

* Morning Call: U.S. futures point lower, London opens softEuropean shares fall and the Nikei sheds 1.5%.

* Felix Salmon: The difference between public and private markets

* Real estate alert: The “Home Alone” home is back on the market

* Timothy Spangler: The SEC is about to raise the bar for limited partners in PE and VC funds

* Professional negotiators shake their heads at the “amateurs” working the debt ceiling issue on Capitol Hill

* Donald Trump reveals his hair care secrets. Could he become the next Head & Shoulders spokesman? (move over Polamalu)

Frank Partnoy: “Given the amount of insider trading, the chances of doing prison time are roughly the same as getting bitten by a great white shark while surfing off the coast of my home town, San Diego.”