* Meet the candidates: Bank of America’s next CEO
* Buttonwood: Are business cycles becoming shorter?
* Carlos Eduardo: How investors evaluate a start-up team
* Morning Call: U.S. futures point lower, London falls early, European shares slide and the Nikkei recoups 1%.
* Fred Wilson: Don’t ignore the logged-out user
* Location war no more: Gowalla is reborn as travel and storytelling app
* Embarrassing: Arianna Huffington plays the innocent, attacks the messenger
* Small business boon? The farmers’ market revival
* Derek Thompson: The GOP alternative to Obama’s jobs bill is…
* Sign up for our daily email on deals & deal-makers: GetTermSheet.com
* Tweet of the Day: @creditstrategist Laughable. Greece already defaulted. Now world is freaked out as it defaults officially.
* Academia: “A modest allocation to hedge funds would improve the returns to public pension funds by approximately $13 billion annually.”
* Stat of the Day, from WaPo: “Over the past 20 years, more than 80% of the capital gains income realized in the United States has gone to 5 percent of the people; about half of all the capital gains have gone to the wealthiest 0.1%.”