Pre-Marketing: Morgan Stanley pays for LinkedIn

June 10, 2011, 3:34 PM UTC

* Underwrite this: Morgan Stanley bought LinkedIn stock on the open market

* Hillary Clinton wants to run the World Bank? Her spokesman calls it “grade A bullsh*t.”

* Still not getting our morning email on deals & deal-makers? Sign up at www.GetTermSheet.com

* Morning Call: U.S. futures point lower, London opens softEuropean shares keep falling and the Nikkei climbs.

* Q&A: How “super-angel” firm Floodgate invests

* Barry Ritholtz: How to spot a bubble in real time

* Michael J. Moore: The financial sector keeps shrinking

* Anton Troianovski: Carriers sweat as texting cools off

* Economist: How capitalism can make healthcare worse and more expensive

* Back to basics: Reebok founder Paul Fireman invests in Colorado sneaker company

* Memorabilia watch: Law & Order Criminal Intent is auctioning off its set stuff at Chelsea Piers today

* SEC issues a warning about investing in reverse merger companies. At this rate, its private secondaries warning will come in 2013.

* Tweets of the Day:

1. @felixsalmon: What’s the over/under on when @JillAbramson‘s first tweet will arrive? I’m betting not until September, when she takes over from @nytkeller

2. @JillAbramson@felixsalmon wrong!