Media Digest 3/27/2009 Reuters, WSJ, NYTimes, FT, Bloomerg

According to Reuters, the Obama financial reforms face a bumpy road.

Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts.

Reuters reports that Obama’s financial remedies may face pushback at the G20 summit.

Reuters writes that Greenspan thinks big banks should not become too big.

Reuters reports that there is tension at Nomura over Lehman bonuses.

Reuters reports that Obama says he will help US automakers.

Reuters reports that The Washington Post (WPO) and New York Times (NYT) cut jobs.

Reuters writes that extra regulations may stabilize US bank profits.

Reuters reports that US hedge funds and private equity firms are concerned about potential new regulations.

Reuters reports that the Fed’s Plosser says that the US economy has a “pretty ugly” outlook.

Reuters reports that Google (GOOG) will cut 200 sales staff.

The Wall Street Journal reports that the top risk officers have stayed at AIG.

The Wall Street Journal reports that budget gaps are pitting states against unions.

The Wall Street Journal reports that MGM Grand (MGM) may go bankrupt.

The Wall Street Journal reports that GM (GM) is unlikely to make the deadline for submitting is restructuring plan.

The Wall Street Journal reports that software companies are resorting to giving away free software.

The Wall Street Journal reports that a solid auction lifted Treasuries.

The Wall Street Journal reports that the Obama budget is gaining support in the Senate.

The Wall Street Journal reports that and IMF loan will help Serbia.

The Wall Street Journal reports that store brands are hurting big food firms.

The Wall Street Journal reports that Amazon (AMZN) will close some facilities.

The Wall Street Journal reports that Infosys will look at US acquisitions.

The Wall Street Journal reports that Google will link TV ads with YouTube.

The Wall Street Journal reports that profits fell at the sharpest level in 55 years.

The Wall Street Journal reports that the home building sector is not out of the woods.

The Wall Street Journal reports that home prices may have much further to fall.

The Wall Street Journal reports that Dell (DELL) is looking at acquisitions.

The Wall Street Journal reports that AMR (AMR) is faulting a House bill to restrict airline alliances.

The Wall Street Journal reports that Nvidia (NVDA) stared a countersuit against Intel (INTC).

The Wall Street Journal reports that stock price declines are triggering more repricing of options.

The Wall Street Journal reports that there is rising fear of oil price increases.

The FT reports that the SEC will tighten oversight.

The FT reports that GM (GM) is making a new plan taking into account a weak US car market.

Bloomberg reports that Obama will seek support of his bank plan from JPMorgan, Goldman Sachs (GS), and Citigroup (C).

Bloomberg reports that Japan is heading toward deflation.

Douglas A. McIntyre