Media Digest 10/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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NewspaperAccording 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

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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