Noteworthy Financial Stories for March 3

Service Industries in U.S. Expand More Than Forecast
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJsvjoN7tjsw&pos=1

U.S. Said to Tell Hedge Funds to Save Euro Records
http://www.bloomberg.com/apps/news?pid=20601087&sid=auMOmxPWuEfA&pos=4

Consumer Agency Within Fed Seen as Victory for Banking Industry
http://www.bloomberg.com/apps/news?pid=20601109&sid=a..E.59TT96Y&pos=10

U.S. may use Citi exit strategy at AIG
http://in.reuters.com/article/businessNews/idINIndia-46612420100303?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FINbusinessNews+%28News+%2F+IN+%2F+Business+News%29

ADP Says U.S. Companies Cut 20,000 Jobs in February
http://www.bloomberg.com/apps/news?pid=20601068&sid=aKfE6GwxmBY0

Consumer-Stock Rally May Help S&P 500 Rise: Technical Analysis
http://www.bloomberg.com/apps/news?pid=20603037&sid=aJL9QS.Lmfpg

New York, Kentucky Racing Probe Zayat’s Loans to Bookmakers
http://www.bloomberg.com/apps/news?pid=20601079&sid=au1ovIceUP4o

Facebook Valued at $11.5 Billion in Debut of SharesPost Index
http://www.bloomberg.com/apps/news?pid=20601084&sid=aDKHDfZwKA2g

Gold May Rise to $1,162, Commerzbank Says: Technical Analysis
http://www.bloomberg.com/apps/news?pid=20601012&sid=aMbGEaYyklY4

UBS Says Sell Euro Before Drop to $1.3405: Technical Analysis
http://www.bloomberg.com/apps/news?pid=20601083&sid=a8jq4ehfpn1M

‘If you really want a fiscal problem, look at the UK’
http://ftalphaville.ft.com/blog/2010/03/03/164101/if-you-really-want-a-fiscal-problem-look-at-the-uk/

‘The state of some countries’ public finances is certainly not speculators’ fault’
http://ftalphaville.ft.com/blog/2010/03/03/163996/the-state-of-some-countries-public-finances-is-certainly-not-speculators-fault/

The European Central Bank gets Moody
http://ftalphaville.ft.com/blog/2010/03/03/163696/the-european-central-bank-gets-moody/
Moody’s explains Greece
http://ftalphaville.ft.com/blog/2010/03/03/164296/moodys-explains-greece/

Sovereign risk and EM bulls and bears
http://ftalphaville.ft.com/blog/2010/03/03/163116/sovereign-risk-and-em-bulls-and-bears/

Fed Should Raise Interest Rates Sooner Than Later: Hoenig
http://www.cnbc.com/id/35662422

A Leading Economist Mulls the Next Crisis
http://online.barrons.com/article/SB126714429930251933.html

Is Vornado Considering Bid for General Growth?
http://dealbook.blogs.nytimes.com/2010/03/03/is-vornado-eyeing-up-general-growth/

Commercial Property Deals to Hit £318 Bln
http://www.nytimes.com/reuters/2010/03/03/business/business-uk-cushman-property.html?_r=1

Banks Begin to Withdraw From Their Branch Boom
http://online.wsj.com/article/SB10001424052748704486504575097952346167776.html?mod=dist_smartbrief

Employment for Adult Males is at Record Lows
http://www.ritholtz.com/blog/2010/03/employment-for-adult-males-is-at-record-lows/

Amid Global Securitization Ebbs and Flows, UK Prepares Prime RMBS
http://www.housingwire.com/2010/03/03/amid-global-securitization-ebbs-and-flows-uk-prepares-prime-rmbs-4/

No Wonder the Economy Isn't Improving
http://www.zerohedge.com/article/no-wonder-economy-isnt-improving

WHERE ARE WE NOW?
http://www.ritholtz.com/blog/2010/03/where-are-we-now/

CMBS Delinquencies Hit New Record
http://globaleconomicanalysis.blogspot.com/2010/03/cmbs-delinquencies-hit-new-record.html

Economists: Another Financial Crisis on the Way
http://abcnews.go.com/Business/economists-warn-financial-us-economy/story?id=9990828