Noteworthy Financial Stories for December 22

Greece’s Credit Rating Cut to A2 by Moody’s on Debt
http://www.bloomberg.com/apps/news?pid=20601087&sid=aGGVyWXuDZ6E&pos=2

Buffett Says of Burlington Deal, ‘I’d Rather Be in the West’
http://www.bloomberg.com/apps/news?pid=20601087&sid=ah80tRfGp4Kk&pos=5

Small-business bankruptcies rise 81% in California
http://www.latimes.com/business/la-fi-smallbiz-bankruptcy22-2009dec22,0,3305684.story

Economy in U.S. Expanded at a 2.2% Annual Rate in Third Quarter
http://www.bloomberg.com/apps/news?pid=20601068&sid=a44Bv0_vuwuo

Eight Things for Markets to Watch Out for in 2010: Matthew Lynn
http://www.bloomberg.com/apps/news?pid=20601039&sid=a1xACv0_oKPQ

Bonds Are Signaling a Stronger Recovery
http://online.wsj.com/article/SB10001424052748704304504574609893302218278.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

Smithers: ‘There’s no reason to hold bonds’
http://ftalphaville.ft.com/blog/2009/12/22/117841/smithers-theres-no-reason-to-hold-bonds/

So I pulled Bernanke's mortgage...
http://effectivedemand.blogspot.com/2009/12/so-i-pulled-bernankes-mortgage.html

The Equity Culture Loses Its Bloom
http://www.iimagazine.com/asset_management/Articles/2359881/The-Equity-Culture-Loses-Its-Bloom.html

The Debate about Gold: Be Wary
http://oldprof.typepad.com/a_dash_of_insight/2009/12/the-debate-about-gold-be-wary.html

Ten Predictions for 2010
http://blogs.wsj.com/financial-adviser/2009/12/22/ten-predictions-for-2010/

Accept Defeat: The Neuroscience of Screwing Up
http://www.wired.com/magazine/2009/12/fail_accept_defeat/all/1

David Einhorn's Hedge Fund Greenlight Capital Unveils New Position
http://www.marketfolly.com/2009/12/david-einhorns-hedge-fund-greenlight.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarketFolly+%28Market+Folly%29#ixzz0aSNxlWcH

Gold Outshines All Other Assets For Past Decade
http://www.tradersnarrative.com/gold-outshines-all-other-assets-for-past-decade-3388.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TradersNarrative+%28Trader%27s+Narrative%29

3.6% of Prime Mortgages Delinquent 60 Days or Longer
http://globaleconomicanalysis.blogspot.com/2009/12/36-of-prime-mortgages-delinquent-60.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29