Noteworthy Financial Stories for May 4

Euro, Stocks Slide on Debt-Contagion Concern; Commodities Slump
http://www.bloomberg.com/apps/news?pid=20601087&sid=aiRGdIU7P_gM&pos=1

Pending Sales of Existing Homes in U.S. Rose 5.3% in March
http://www.bloomberg.com/apps/news?pid=20601087&sid=afnmGyeDEUiE&pos=2

Stock Market Disconnect in Options Revealing Unsustainable Risk
http://www.bloomberg.com/apps/news?pid=20603037&sid=a8o9QE6Ly6rg

Copper Falls to Nine-Week Low as Chinese Manufacturing Slows
http://www.bloomberg.com/apps/news?pid=20601012&sid=aa950bXDEegw

Gold Climbs to Five-Month High on Demand for Money Alternative
http://www.bloomberg.com/apps/news?pid=20601012&sid=a2EDQTSZL3pw

A glimpse into financial hell
http://ftalphaville.ft.com/blog/2010/05/04/218716/a-glimpse-into-financial-hell/

Do you hear the peoples sing?
http://ftalphaville.ft.com/blog/2010/05/04/218116/do-you-hear-the-peoples-sing/

Web of debtEurope's Web of Debt
Europe's Web of Debt
http://www.nytimes.com/interactive/2010/05/02/weekinreview/02marsh.html?ref=global

Banks Buying Treasuries Help Keep Borrowing Rates Low
: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/05/02/bloomberg1376-L1UWU61A1I4I-1.DTL#ixzz0myJXPgqN

Big Money: Debunking the myth of the 'sophisticated investor'
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/01/AR2010050100205.html

Volatile markets call for stop-loss orders
http://www.ritholtz.com/blog/2010/05/volatile-markets-call-for-stop-loss-orders/

Blaming Rubin
http://blogs.reuters.com/felix-salmon/2010/05/01/blaming-rubin/

1Q Bank Results: Potential for CRE Armageddon Fading
http://www.costar.com/News/Article.aspx?id=CB58F9797974B3A09990193DBF51EC19

Congress Members Bet on Fall in Stocks
http://online.wsj.com/article/SB10001424052748703871904575216491495135642.html?mod=WSJ_hps_SECONDTopStories

Fed Says Most Surveyed Banks Didn’t Tighten Lending Standards
http://www.bloomberg.com/apps/news?pid=20601208&sid=aVfYj2OMrV7U

Senate May Begin Voting on Financial Bill Changes
http://www.bloomberg.com/apps/news?pid=20601208&sid=ajTpoTPDsBv0

Macro Hedge Funds Net Short US Equities?
http://www.marketfolly.com/2010/05/macro-hedge-funds-net-short-us-equities.html

Fed’s Senior Loan Officer Survey – credit turning favorable
http://www.investmentpostcards.com/2010/05/04/feds-senior-loan-officer-survey-%e2%80%93-credit-turning-favorable/

The Case for an Imminent Correction
http://seekingalpha.com/article/202720-the-case-for-an-imminent-correction?source=feed

Jeff Saut Still Cautious But Not Bearish; His Latest Investment Recommendations
http://www.marketfolly.com/2010/05/jeff-saut-still-cautious-but-not.html

The Great Reflation
http://www.ritholtz.com/blog/2010/05/the-great-reflation/