Pre-Marketing: U.S. to sue banks over mortgages

* Scott Weiss: How to make a company ridiculously transparent

* Jesse Eisinger: Could Buffett’s investment erode confidence in both BoA and the broader banking sector?

* Morning Call: U.S. futures lower ahead of jobs data, London fall early, European shares retreat and the Nikkei slips.

* Catwalk cat-fight: Why the fashion industry is angry with Tumblr

* Settlement: J Crew and its PE owners to pay $16 million over the retailer’s buyout

* Chart of the Day: Standard work hours around the world

* The education of Bill Maris: How one entrepreneur’s history shaped Google Ventures

* Sarah Lacy: Andrew Mason’s Silicon Valley problem is that he’s not in Silicon Valley

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* Joshua Green: Why the gun industry (secretly) loves Obama

* Bic Stevens: The case for an angel investment tax credit in Mass.

* Will they ever learn? Banks are still fabricating foreclosure documents

* Complete sentences lose their cache: Columbia B-School is limiting application essays to 200 characters