Noteworthy Financial Stories for June 2

Moody’s Chief Says Ratings of CDOs Were ‘Deeply Disappointing’
http://www.bloomberg.com/apps/news?pid=20601087&sid=aCdttIcs3zsA&pos=2

Hatoyama Resigns Over U.S. Base Decision, Scandals
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8HwKqnu6YCo&pos=8

Bond New Issues Shut as Bank Default Swaps Rise: Credit Markets
http://www.bloomberg.com/apps/news?pid=20601010&sid=aRqWn82leVxU

Wealthy Investors Betting on Property, Stocks, Barclays Says
http://www.bloomberg.com/apps/news?pid=20603037&sid=aSwuwLJdisJA

Wall Street Sees Derivatives Sales Flaws After SEC Goldman Suit
http://www.bloomberg.com/apps/news?pid=20601009&sid=abTDrobk37WQ

Emerging Markets ‘Past the Worst’, Van Agtmael Says
http://www.bloomberg.com/apps/news?pid=20601013&sid=a0OpqP4kyjA8

For CMBS, 'Worst Is Yet to Come'
http://online.wsj.com/article/SB10001424052748703961204575280920467715864.html?mod=dist_smartbrief

Loans That Vanished in a Property Bust Reappear
http://www.nytimes.com/2010/06/02/realestate/commercial/02mezz.html?ref=business

The commercial real estate-failed bank nexus
http://ftalphaville.ft.com/blog/2010/06/02/249956/the-commercial-real-estate-failed-bank-nexus/

Naive Thinking About Sovereign Risk
http://paul.kedrosky.com/archives/2010/06/naive_thinking.html

Shorting Reform
http://www.nytimes.com/2010/05/30/opinion/30lewis.html

The Impact of the Irrelevant on Decision-Making
http://www.nytimes.com/2010/05/30/business/30view.html

How to Reboot Your Sleep Cycle and Get the Rest You Deserve
http://lifehacker.com/5548150/how-to-reboot-your-sleep-cycle-and-get-the-rest-you-deserve

A Random Walk Through Secular Bear Markets
http://www.tradersnarrative.com/a-random-walk-through-secular-bear-markets-4141.html

ARE SMALL INVESTORS TURNING AGAINST STOCKS?
http://pragcap.com/are-small-investors-turning-against-stocks

What do present large profit margins mean for stocks?
http://www.creditwritedowns.com/2010/06/what-do-present-large-profit-margins-mean-for-stocks.html#ixzz0pjENiAZr

Options Volume Hits Record as CBOE Exchange Maintains Top Spot
http://www.businessweek.com/news/2010-06-01/options-volume-hits-record-as-cboe-exchange-maintains-top-spot.html

Raising the right alarms on risk
http://money.cnn.com/2010/06/01/news/economy/lo_q_and_a.fortune/index.htm

Estimating the odds of catastrophe are difficult at best
http://www.nytimes.com/2010/06/06/magazine/06fob-wwln-t.html

Confusion Index Finds No Bear Market Around Corner
http://www.tradersnarrative.com/confusion-index-finds-no-bear-market-around-corner-4164.html

Porn Stars in 3-D Lure Consumers to New Sony, Panasonic TVs
http://www.bloomberg.com/apps/news?pid=20601109&sid=aQlxRgXjiTmU&

“Anything But Euros” Pushes Dollar Sentiment To Extreme
http://www.tradersnarrative.com/anything-but-euros-pushes-dollar-sentiment-to-extreme-4159.html

BlackRock’s Fink Says U.S. Stocks to Rise as Companies Thrive
http://www.bloomberg.com/apps/news?pid=20601087&sid=aq6YUAtPwq2Y&pos=6

Buffett Expects ‘Terrible Problem’ for Municipal Debt
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZ.XP9I_j5Yc&pos=2