* It gets worse: Color faces salacious suit
* John Carney: Keeping Liz Warren off the Banking Committee
* Cry me a river: Justin Timberlake’s ill-fated plans for MySpace
* Morning Call: U.S. futures flat, European shares fall and the Nikkei dips.
* New JPM CFO: Marianne Lake
* Moody’s: France is no longer AAA
* Apple shares jump 7%: Thanks AC/DC?
* Out of sequence: Helicos files for Chapter 11
* William Cohan: Wall Street’s great scapegoat hunt
* Vinicius Vacanti: The depressing day after getting TechCrunched
* California Über Uber: Why the ride-sharing scuffle isn’t surprising
* Get Term Sheet: Sign up for our daily email on deals & dealmakers
* Matt Levine: Hank Greenberg won’t get his $25 billion back this week
* Andrew Steen: How to build a biotech cluster outside of Boston or SF