Media
Media Digest 10/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
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According to Reuters, a Senate plan to vote on the bailout package pushed US markets up.
Reuters reports that the FDIC would like to increase the value of the accounts it insures.
Reuters reports that the SEC gave management more flexibility in the use of mark-to-market accounting at financial companies
Reuters reports that former CEO Hank Greenberg is trying to bid on some AIG (AIG) assets.
Reuters reports that Bush approved a $25 billion loan guarantee package for car companies.
The Wall Street Journal reports that short-term credit markets are still fragile and rates are still high.
The Wall Street Journal reports that Time Warner (TWX) and CBS (CBS) have cut deals to get more video content on social networks.
The Wall Street Journal reports that AT&T (T) shuffled management to try to improve its consumer markets execution.
The Wall Street Journal reports that the slowdown and poor car sales have been especially hard on auto parts suppliers.
The Wall Street Journal reports that hedge fund managers are lowering fees to keep clients.
The Wall Street Journal reports that venture-backed IPOs and M&A are likely to hit a multi-year low in 2008.
The Wall Street Journal reports that some Q3 merger activity was strong as troubled companies tried to sell out.
The Wall Street Journal writes that bank earnings will be hurt by the lack of stock and bond underwriting.
The Wall Street Journal reports that a new Honda (HMC) hybrid will take on the Toyota (TM) Prius.
The Wall Street Journal reports that headwinds threaten traffic at Disney’s (DIS) parks.
The Wall Street Journal reports that the car industry wants the bailout to cover bad car loans.
The Wall Street Journal reports that J&J (JNJ) won a patent-infringement lawsuit against Boston Scientific (BSX).
The New York Times reports that tight bank lending is hurting car sales.
The FT reports that wealthy investors are hoarding gold.
The FT reports that a new survey shows pessimism growing among Japanese businesses.
Douglas A. McIntyre
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