Noteworthy Financial Stories for December 10

CRE
CMBS: Back in Business?
http://www.costar.com/News/Article.aspx?id=F5F7612FF5A1D539B586E0D7E2807DD6&ref=100&iid=160&cid=4551B02CF9EBB4A3FD8AA99C29554FD4

Commercial Real Estate Loan Defaults Rise in Third Quarter
http://www.costar.com/News/Article.aspx?id=11F2B1986F852F08A814E6A4EB0D5DDC&ref=100&iid=160&cid=4551B02CF9EBB4A3FD8AA99C29554FD4

U.S. Foreclosures to Reach 3.9 Million in Second Record Year
http://www.bloomberg.com/apps/news?pid=20603037&sid=a6aLuu9zxbcM

Bank
The Coming Wave Of Debt Defaults
http://www.forbes.com/2009/12/08/coming-bond-defaults-leadership-governance-debt.html

Commodities
A Roundup of Crude Oil Predictions and Targets
http://thereformedbroker.com/2009/12/09/a-roundup-of-crude-oil-predicitions-and-targets/

Info overload on oil reserves may confuse Wall Street
http://www.reuters.com/article/reutersComService_3_MOLT/idUSTRE5B844N20091209

Globe "Overdue For a Currency Crisis"; Why Jim Rogers Is Buying Dollars
http://finance.yahoo.com/tech-ticker/article/387796/Globe-%22Overdue-For-a-Currency-Crisis%22-Why-Jim-Rogers-Is-Buying-Dollars?tickers=gld,ewj,spy,dia,FXI,UUP,tlt&sec=topStories&pos=8&asset=&ccode=



Economy
The President's Job's Initiative Doesn't Measure Up
http://robertreich.blogspot.com/2009/12/presidents-jobs-initiative-doesnt.html


CHART OF THE DAY: IS THIS LEADING INDICATOR POINTING SOUTH?
http://pragcap.com/chart-of-the-day-is-this-leading-indicator-pointing-south


Stock Market
Q3 hedge fund launches outpace liquidations-report
http://www.reuters.com/article/idUSN0923255420091209


Treasury Yield Curve Steepest Since at Least 1980 After Auction
http://www.zerohedge.com/article/2s30s-hits-thirty-year-wide

Fiscal aspects of quantitative easing (wonkish)
http://krugman.blogs.nytimes.com/2009/03/20/fiscal-aspects-of-quantitative-easing-wonkish/


Interesting Stats
Honesty and Ethics Poll Finds Congress’ Image Tarnished
http://www.gallup.com/poll/124625/Honesty-Ethics-Poll-Finds-Congress-Image-Tarnished.aspx?CSTS=tagrss