*  James Surowiecki: The return of layaway

* He hate who? Obama nominates ex-PE pro to Fed board

* Bloomberg: Don’t give up on sensible Dodd-Frank ideas

* Morning Call: U.S. futures point lower, London falls early, European shares climb and the Nikkei dips.

* Out of focus: KKR directors leave Kodak board

* David Whitford: Mitt Romney means business

* Fred Wilson: Startup successes are first mocked and misunderstood

* Steven Davidoff: For Wall Street deal-makers, sometimes it pays to be bad

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* Tweet of the Day: @dkberman Terrifying stat of day: Since 2005, Sears has authorized $6.6 billion in share buybacks, a sum now greater than its $3.9b market cap.