Noteworthy Financial Stories for June 14

Free Markets Show U.S. Has Tamed the Bond Vigilantes
http://www.bloomberg.com/apps/news?pid=20601087&sid=awUMmb1Vtaes&pos=3

BP Options Show 63% Drop as Hayward Faces Washington
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8_Du8Pa7eqE&pos=4

Hedge Funds Dodge European Proposal With ‘Newcits’
http://www.bloomberg.com/apps/news?pid=20601087&sid=af.ivKCXPgNY&pos=6

Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case
http://www.bloomberg.com/apps/news?pid=20601109&sid=an_hcY9YaJas&pos=10

Europe’s Banks Face Second Funding Squeeze on Sovereign Crisis
http://www.bloomberg.com/apps/news?pid=20601109&sid=aHl8DzEheXq8&pos=15

Stocks That Climb When Market Tanks May Tempt You: John Dorfman
http://www.bloomberg.com/apps/news?pid=20603037&sid=a.q5._wgeX6Y

Lawmakers Seek to Prevent Americans Outliving Savings
http://www.bloomberg.com/apps/news?pid=20603037&sid=a97_ct2kLpHM

Goldman Sachs Envy Drove Big Boys to Blow Up Money Grid: Books
http://www.bloomberg.com/apps/news?pid=20601088&sid=aT8lW9rXYJDo

Rating Agencies See CMBS Delinquencies Rise in May http://www.housingwire.com/2010/06/11/rating-agencies-see-cmbs-delinquencies-rise-in-may

Stocks Beat Bonds in Value as U.S. Profit Yields Jump
http://www.bloomberg.com/apps/news?pid=20601084&sid=aOA162ZLy4J4

Hedge Fund Manager Irwin Sees Value in Resources, Gene Simmons
http://www.bloomberg.com/apps/news?pid=20601012&sid=atEsNi40j1xA

Deutsche Bank Says Emerging-Market Valuations Signal 42% Return
http://www.bloomberg.com/apps/news?pid=20601083&sid=auLenQluwVQY
Is ECRI Growth Rate Index Signaling a Double Dip?
http://seekingalpha.com/article/209880-is-ecri-growth-rate-index-signaling-a-double-dip?source=feed

Farmers Fight With Railroads Over Rates
http://online.wsj.com/article/SB10001424052748703389004575304970143934734.html?mod=WSJ_latestheadlines

Hedge funds sweeping through beleaguered ethanol industry for bargains
http://seattletimes.nwsource.com/html/businesstechnology/2012063258_bloomethanol13.html

REITs are tempting burned investors back to the market
http://online.wsj.com/article/SB10001424052748703561604575282751297637416.html?mod=dist_smartbrief

Council Pushes Loan-Modification Disclosure
http://www.cmalert.com/headlines.php?hid=71283

61% Underfunded Illinois Teachers Pension Fund Goes For Broke, Becomes Next AIG-In-Waiting By Selling Billions In CDS
http://www.zerohedge.com/article/61-underfunded-illinois-teachers-pension-fund-goes-broke-becomes-next-aig-waiting-selling-bi

Deep Thoughts From Dan Loeb, Who Discusses The Dumping Of His Financial Exposure
http://www.zerohedge.com/article/deep-thoughts-dan-loeb-who-discusses-dumping-his-financial-exposure

Third Attempt To Break 200 DMA Fails, Is Fourth To Follow?
http://www.zerohedge.com/article/third-attempt-break-200-dma-fails-fourth-follow

Gallup Polling Paints A Much Bleaker Economic Outlook Picture Than UMichigan
http://www.zerohedge.com/article/gallup-polling-paints-much-bleaker-economic-outlook-picture-umichigan

U.S. Identifies Vast Mineral Riches in Afghanistan
http://www.nytimes.com/2010/06/14/world/asia/14minerals.html

Fear must not blind us to deflation’s dangers
http://www.ft.com/cms/s/0/6bc012d6-733c-11df-ae73-00144feabdc0.html

Calling a Bear a Bear
http://online.barrons.com/article/SB127605459202003151.html

Emerging Markets: A 50% Allocation is the New Neutral
http://paul.kedrosky.com/archives/2010/06/emerging_market_1.html

Fund Flows and You
http://www.thereformedbroker.com/2010/06/14/fund-flows-and-you/

Uncertainty Restores Glitter to an Old Refuge, Gold
http://www.nytimes.com/2010/06/13/business/13gold.html

The Renaissance common-sense test
http://blogs.reuters.com/felix-salmon/2010/06/14/the-renaissance-common-sense-test/

If it works, bet it
http://www.economist.com/blogs/freeexchange/2010/06/hedge_funds
courage and process

Courage and Process
http://researchpuzzle.com/blog/2010/06/14/courage-and-process/

Born on Third Base
http://www.hussmanfunds.com/wmc/wmc100614.htm

Lawmakers' committee assignments and industry investments overlap
http://www.washingtonpost.com/wp-dyn/content/article/2010/06/13/AR2010061304881.html

Back to Pub Power
http://econompicdata.blogspot.com/2010/06/back-to-pub-power.html

Fed's Bullard says strong global recovery under way
http://www.reuters.com/article/idUSTRE65D0XX20100614