Media Digest 8/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Nissan says it will start exporting cars from it China joint venture.

Reuters reports that Micorosft (MSFT) will enlist Seinfeld for its new ad campaign.

Reuters reports that the NY Attorney General will step up his auction-rate probe.

Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) fell on concerns of a bail-out.

Reuters reports that US buy-out money is moving abroad because of few deals in the US.

The Wall Street Journal reports that the Fed checked with Credit Suisse (CS) to see if it had pulled funds from Lehman (LEH) which had been the subject of a rumor.

The Wall Street Journal reports that Boeing (BA) is in tough talks with one of its unions.

The Wall Street Journal reports that IAC (IACI) is hoping for an increase in its stock now that it has spun off other units.

The Wall Street Journal writes that the FDIC faces issues with replenishing its fund.

The Wall Street Journal reports that the IATA believes airlines face $6 billion in losses this year.

The Wall Street Journal reports that a start-up says Nintendo violated its patents.

The Wall Street Journal writes that Yahoo! (YHOO) and Intel (INTC) has created a new service for internet TV.

The Wall Street Journal reports that Fannie Mae and Freddie Mac have to roll-over $225 billion in loans by the end of the quarter.

The New York Times reports that Intel is making progress on a wireless method for recharging battery-powered devices.

The New York Times reports that Comcast (CMCSA) will slow web service to heavy users when its network is congested.

The FT reports that Lehman’s (LEH) efforts to sell part of the company to interests in Korea and China fell through.

Douglas A. McIntyre