Noteworthy Financial Stories for December 9

Hedge funder predicts return of the super-regionals
http://www.thedeal.com/dealscape/2009/12/hedge_funder_predicts_return_o.php

Countries' Debt Woes Pose Risk to Upturn
http://online.wsj.com/article/SB126027694950181771.html?mod=dist_smartbrief

First Greece, Now Spain In The Credit Ratings Crosshairs
http://ftalphaville.ft.com/blog/2009/12/09/88016/sp-revises-spains-outlook-to-negative/

Congrats to Bill Gross
http://www.bloomberg.com/apps/news?pid=20601109&sid=aPMoq5YbgJAY&pos=10

James Montier Recommended Reading List
http://www.mebanefaber.com/2009/12/08/james-montiers-reading-list/

Government is out of Bullets: Meredith Whitney
http://www.nakedcapitalism.com/2009/12/meredith-whitney-the-government-is-out-of-bullets.html

U.S. bailout fund left many problems unsolved: watchdog
http://www.reuters.com/article/idUSTRE5B80M320091209

Hedge fund assets climb back above $2 trillion
http://www.reuters.com/article/idUSLNE5B802E20091209

Investment choices seen tougher in 2010
http://www.reuters.com/article/idUSTRE5B64NC20091209

Hedge Fund Outflows Tapered Off Dramatically In 3Q-Lipper
http://online.wsj.com/article/BT-CO-20091208-709534.html

Contrarianism is the New Consensus
http://paul.kedrosky.com/archives/2009/12/contrarianism_i.html

Paulson Bets on Stocks
http://dealbook.blogs.nytimes.com/2009/12/09/paulson-bets-on-stocks/

Can the Market Rally Continue in 2010?
http://www.minyanville.com/articles/yahoo-techticker-festivus-markets-rally/index/a/25826/from/yahoo