* Nathan Vardi: The private equity stock train wreck

* Study: U.S. could profit $15 billion on AIG rescue

* Morning Call: U.S. futures point lower, European shares fall and the Nikkei rebounds.

* Ryan Gilbey: Life after Seinfeld

* Happy anniversary: Texting turns 20

* Vitter venom: Political feud sinks Obama’s Fed nominees

* Surprise: British insurance company CEO resigns over bonus dispute

* Get Term Sheet: Sign up for our daily email on deals & dealmakers

* Yoni Applebaum: Have insurance companies forgotten the meaning of insurance?

* Tweet of the Day: @grossdm So by this point, my pamphlet of “Great Jewish Sports Heroes” muuuuch thicker than pamphlet of “Successful Austerian Euro Politicians”

* Going viral: You’re so Bain

[youtube=http://www.youtube.com/watch?v=1fPQ3AuQ1kY]