* Consequence: MF Global failure felt in farm country
* Point/counter-point: Bernanke vs. Bloomberg News
* Greenwich’s worst fear realized? Transaction tax gains advocates
* Morning Call: U.S. futures point higher, London rises early , European shares climb and the Nikkei hits 4-week high.
* Photo of the Day: Finding Jon Corzine
* Pink slip watch: Citi to fire 4,500 employees
* Jamie Goldstein: I prefer my start-ups phat, not lean
* Burton Malkiel: The bond buyer’s growing dilemma
* Survey says: Investors predict U.S. economic rebound
* Kmart redux? J.C. Penney buying stake in Martha Stewart Living
* Academia: Beneath the veil of what makes effective schools
* Todd Vernon: Market size and velocity in tech start-ups
* Alison Abbott: Novartis is latest drug co to abandon the brain
* For your reference: A map of the major cloud players
* No more conspiracies: Powerball winners not fronting for a client
* Key to a long life? Get elected president
* Get Term Sheet: Sign up for our daily newsletter on deals & deal-makers
* Not a cruise: Developing a floating incubator for techies without green cards
* Tweet of the Day: @carlquintanilla Theory: @AlecBaldwin is “in” on the upcoming Zynga IPO (the company that makes #WordsWithFriends). Best publicity $ can buy. $$ #WWF
