* David Talbot: The comeback of Xerox PARC
* Poor Twinkie: Hostess close to filing for bankruptcy (again)?
* Kelly Phillips Erb: 5 things I wish I knew before losing my job
* Morning Call: U.S. futures point higher, London rises early, European shares climb and the Nikkei falls.
* Inevitable: Hospital nurses vs. Cerberus
* Gordon Orr: Everyone loses in a China-U.S. trade war
* Derek Thompson: The most important graphs of 2011
* Moody’s: UK credit rating not immune to Euro crisis
* Alexis Madrigal: Why are Christmas websites so weird?
* Matt Levine: What we talk about when we talk about bank capital
* Get Term Sheet: Sign up for our daily email on deals & deal-makers
* Geraldine Fabrikant: The “art” of Steve Rattner’s comeback
* His name is Mudd: Fortress CEO and ex-Fannie Mae boss takes leave of absence
* Tweet of the Day: @shaver The only good thing about SOPA is that rickrolling would finally get a punishment commensurate with the severity of the crime.