- Notorious C.E.O., ten startup commandments from Biggie Smalls: “Both debt and equity financings consume company time and may drive startups to overspend before their plans are fully-baked.   They also put a greater pressure on financial performance, which is only a good thing when a company is confident in their product’s maturiy and ability to generate returns.  Biggie says it best: “if you aint got the clientele say ‘hell no’ — ’cause they gon want they money rain, sleet, hail, snow.”” (h/t to May – yes, my boss! – for this one)

- This recovery doesn’t appear to have much going on in the way of consumer confidence, and it may not have jobs, either. Alas.

- These are not the mortgage delinquencies you are looking for. (h/t to Peter H. for catching the redaction)

- White House will no longer function as Snopes, may have spammed a few people. For a tech-savvy administration, it’s surprising to see E-Mail: the Ur Doin It Rong edition.

- Capital One (COF)’s chargeoffs approaching 10%, delinquencies approaching 5%. Ten percent? I wish I could keep ten percent of what I put on my credit card gratis!

- Fake-it-til-you-make-it might be over, but fake-it-like-you’re-still-employed is still all the rage (h/t WallStreetFighter)

- And if you’re “conscientiously rich,” check out Ritzi Po’, the latest diffusion line from Armani: