* Layoff recipe: Too many bankers chasing too few deals

* Pre-IPO comparison: Google was stronger than Facebook

* Virtual goodies: Will the IRS crack down on online gamers?

* Morning Call: U.S. futures point higher, European shares rebound and the Nikkei falls.

* Norman Matloff: Coding is for the young

* In memoriam: George Rathman, founding CEO of Amgen

* They’re ba-ack: ‘Cov-light’ deals return to U.S. loan market

* PR overtime: Walmart responds to foreign corruption charges

* Adam Reinebech: For PE, bad firm websites are bad for business

* Get Term Sheet: Sign up for our daily email on deals & deal-makers

* J. Alex Tarquino: Mutual funds that are too big to succeed

* It gets worse: New allegations of self-dealing for Chesapeake Energy CEO

* Roger Altman explains how he’d fix the U.S. economy:

[youtube=http://www.youtube.com/watch?v=O3oVbl1fuI8]