Media Digest 6/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The US outlined new financial market reforms.

Reuters:   Obama lobbied MDs on his new healthcare package.

Reuters:   Russia hosted the first BRIC summit.

Reuters:   B of A’s (BAC) BlackRock (BLK) stake is more appealing.

Reuters:   Samsung and Nokia (NOK) are pushing into smartphones. (MOT)(AAPL)(RIMM).

Reuters:   The Boston Globe and unions discussed new proposals (NYT)

Reuters:   Citigroup (C) said TARP is hurting its chances of keeping talent.

Reuters:   The Madoff judge is being swamped by letters from former customers.

Reuters:   RIM (RIMM) plan to cross categories with its Blackberry Tour.

Reuters:   The Six Flags bankruptcy could hurt unsecured creditors.

WSJ:   Airbus and Boeing (BA) are trying to save orders.

WSJ:   A judge set rules of the AIG (AIG) trial.

WSJ:   Freddie Mac’s (FRE) temp CEO is trying to move out.

WSJ:   The IMF upgraded it view of the US economy.

WSJ:   The Senate is reviewing details of the new healthcare bill.

WSJ:   Microsoft (MSFT) filed suit against people who allegedly committed click fraud.

WSJ:   The ECB says bank write-downs will grow.

WSJ:   Chrysler resumed production.

WSJ:   The fight over Digital Domain has opened a tech culture clash (NTAP)(EMC).

WSJ:   Virgin Media will launch a music service.

WSJ:   The IMF urged Sweden’s banks to raise money.

WSJ:   Lincoln National (LNC) may raise over $2 billion. (HIG)(PRU).

WSJ:   Moody’s dimmed its ratings view of UBS (UBS).

WSJ:   Banks may be too big to fail, but their problems may be too big to solve. (C)(WFC)(BAC)(JPM)(GS)(MS).

WSJ:   Profits for home improvement retailers may be well into the future (HD)(LOW).

WSJ:   GM’s law firms enjoyed a big payday.

WSJ:   A GE (GE) unit will offer interim financing for its products to US hospitals.

WSJ:   Adobe (ADBE) will charge for Acrobat.com.

WSJ:   India topped the rankings of emerging retail markets.

NYT:   Credit card issuers are trying to slash customers balances.

NYT:   Tobacco regulations may face a free speech challenge.

NYT:   The new healthcare plan is raising concerns about costs.

NYT:   Rupert Murdoch  of News Corp (NWS) and Silvio Berlusconi, Italy’s prime minister, are feuding.

NYT:   Data on how airlines measure on-time performance may be questionable (LUV)(AMR)(CAL)(DAL)(UAUA)(LCC)

FT:   The Treasury plans strict rules for securitization.

FT:   The Eurozone may face another $283 billion in writedowns.

FT:   GSK (GSK) has entered a generic drug pact.

Bloomberg:   Production in the US probably dropped due to the auto industry and housing starts. (F)(HOV)

Douglas A. McIntyre