Noteworthy Financial Stories for May 25

Bullard Says Europe Debt Crisis Probably Won’t Derail Recovery
http://www.bloomberg.com/apps/news?pid=20601087&sid=ayl2QUisyUW8&pos=4

Seth Klarman's Recommended Reading List
http://www.marketfolly.com/2010/05/seth-klarmans-recommended-reading-list.html

Stocks, Commodities Plunge on Spanish Banking, Korean Tensions
http://www.bloomberg.com/apps/news?pid=20601087&sid=a7SPrYcKsCq8&pos=1

Euro Falls on Concern Spain’s Bank Woes Signal Crisis Spreading
http://www.bloomberg.com/apps/news?pid=20601087&sid=aLqGk8KZO2Uo&pos=2

El-Erian Tells PBS Spain Stress Spurs Contagion Worry
http://www.bloomberg.com/apps/news?pid=20601087&sid=a91_bUj3ejcc&pos=5

Kim Jong Il Orders Military to Combat, Group Says
http://www.bloomberg.com/apps/news?pid=20601087&sid=aIYqEKNAeYs4&pos=8

Shale Gas Costing 2/3 Less Than OPEC Oil Incites Water Concern
http://www.bloomberg.com/apps/news?pid=20601109&sid=a28NMApkl.RQ&pos=10

Crowded Trade Alert: Options Traders’ Ranks Swell as Amateurs Embrace ‘Iron Condors’
http://www.bloomberg.com/apps/news?pid=20601109&sid=abtJr2zb3ckU&pos=13

Euro-Area Countries Failed Fiscal Goals 57% of Time, Data Show
http://www.bloomberg.com/apps/news?pid=20601109&sid=a4v9ocm.E3sc&pos=12

Yoga for Cancer Patients Provides Benefits of Sleep, Vitality
http://www.bloomberg.com/apps/news?pid=20601124&sid=aRHLJckbLOvM

Beware the ides of money funds, Libor
http://ftalphaville.ft.com/blog/2010/05/25/242401/beware-the-ides-of-money-funds-libor/

Those Libor laments in context
http://ftalphaville.ft.com/blog/2010/05/25/242166/those-libor-laments-in-context/

Forget The Euro, The Stock Market Has A New Obsession
http://www.businessinsider.com/forget-the-euro-the-stock-market-has-a-new-obsession-2010-5

CajaSur nationalization makes fragility of Spain’s banks topical
http://www.creditwritedowns.com/2010/05/cajasur-nationalization-makes-fragility-of-spains-banks-topical.html

Are We Headed for Another Global Crash?
http://www.thedailybeast.com/blogs-and-stories/2010-05-24/despite-rosy-statements-from-banks-such-goldman-sachs-and-jp-morgan-showing-billions-in-profit-the-us-economy-could-be-in-trouble/full/


How Smaller Commercial Banks Are Dying
http://www.theatlantic.com/business/archive/2010/05/how-smaller-commercial-banks-are-dying/57182/

Scenarios: Europe's debt woes could weigh on U.S. recovery
http://www.reuters.com/article/GCA-Economy2010/idUSTRE64N4K920100524

Next phase of financial crisis may be the hardest
http://www.reuters.com/article/idUSTRE64K6B120100522

Have You Seen These Commodities Lately?
http://www.thedisciplinedinvestor.com/blog/2010/05/25/have-you-seen-these-commodities-lately/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedisciplinedinvestor%2FEBHR+%28The+Disciplined+Investor%29

Predicting Volatility With Interest Rates
http://www.tradersnarrative.com/predicting-volatility-with-interest-rates-4123.html

Commercial property troubles U.S. banks –study
http://www.reuters.com/article/idUSN2426910920100524?type=marketsNews

Why the Eurozone Debt Contagion is Telling Us That It’s Time to Buy Dividend Stocks, REITS and MLPs
http://moneymorning.com/2010/05/25/debt-contagion-3/

CMBS 2.0 building momentum
http://www.snl.com/InteractiveX/article.aspx?id=11241323&KPLT=2&Multiview=0

The bearish bandwagon
http://www.marketwatch.com/story/rush-is-on-to-jump-on-bearish-badnwagon-2010-05-25

Want to Measure Sentiment? Here is a New Idea
http://oldprof.typepad.com/a_dash_of_insight/2010/05/measuring-sentiment.html

Shiller's P/E10 Data, S&P 500 and Risk Premium
http://seekingalpha.com/article/206499-shiller-s-p-e10-data-s-p-500-and-risk-premium

Investors missing out on ‘epic earnings recovery,' says Putnam's Thakore
http://www.investmentnews.com/article/20100524/FREE/100529966/-1/INDaily01

Cash is king
http://www.ft.com/cms/s/3/04607f22-6806-11df-af6c-00144feab49a.html

I$ volatility fully priced?
http://www.option911.com/trades/i-volatility-fully-priced/

ECRI Leading Economic Index at 42-week Low; Recovery is already fading
http://www.creditwritedowns.com/2010/05/ecri-leading-economic-index-at-42-week-low-recovery-is-already-fading.html