* Tracy Alloway: When (derivatives) counterparties collapse
* Farhad Manjoo: The case against the “vaporware parade” known as CES
* Henry Blodget: Now that we know Facebook’s financials, is it worth $50 billion?
* Morning Call: U.S. Futures fall ahead of jobs data, London drops early, European shares retreat and the Nikkei hits 8-month closing high.
* John Byrne: The Daily Show for MBAs
* On the block: CitiFinancial and CapitalSource
* Kelly Eggers: 10 ways to blow a job interview
* Greg Zuckerman: The graying of the barbarians
* Remember to sign up for Term Sheet’s daily email
* Ze Peqeuno: The inevitable fall and destruction of EMI
* Mobile net neutrality? The FCC hopes you’ll make an app for that
* Brenden Mulligan: Pizza and Cup o’ Noodles are hurting your startup
* Thanks, but no thanks: Apple (AAPL) offered its CFO job to Blackstone Group’s Laurence Tosi, but he turned them down
* VC funds appear to have been exempted from Volcker Rule, but Sen. Mark Warner (D-VA) wants to make extra sure (note: that would be former venture capitalist Sen. Mark Warner)
* Tweet of the Day: @ReformedBroker I don’t care how high they raise the Debt Ceiling as long as Lionel Richie can still dance on it.
* Barney Frank on attempts to repeal Dodd-Frank: “They yearn to return to the thrilling days of yesteryear, so the loan arrangers can ride again – untrammeled by any rules restraining irresponsibility, excess, deception, and most of all, infinite leverage.”
