Media Digest 4/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the government will give Chrysler and GM (GM) new aid.

Reuters reports that IBM (IBM) revenue fell more than expected.

Reuters writes that the Treasury’s plan to get toxic assets off bank balance sheets may be subject to abuse.

Reuters reports that TI’s (TXN) first quarter revenue and second quarter forecast topped estimates.

Reuters reports that Apples (AAPL) investors are looking beyond earnings to new products and Jobs’ health.

Reuters writes that FDIC officials have discussed Pandit’s future at Citigroup (C).

Reuters reports that Geithner said he would consider the health of the financial system before taking back TARP funds.

Reuters reports that Oracle (ORCL) bought Sun (JAVA).

The Wall Street Journal reports that Bank of America’s (BAC) $4.2 billion profit is not a fix for the company.

The Wall Street Journal reports that Rattner’s former firm paid finder’s fees for pension business.

The Wall Street Journal reports that the Treasury is pressuring Fiat and Chrysler.

The Wall Street Journal writes that China is considering new rules for loans.

The Wall Street Journal reports that oil dropped below $46.

The Wall Street Journal reports that the ratings agencies may rely on the Constitutional right to opinion.

The Wall Street Journal reports that the US is targeting credit card practices.

The Wall Street Journal reports that the program to make medical files electronic faces huge hurdles.

The Wall Street Journal reports that food retailers are adjusting to what may be a permanent change in eating habits.

The Wall Street Journal reports that China may regulate lending to make sure stimulus money is used correctly.

The Wall Street Journal reports that Japan will issue $109 billion in debt.

The Wall Street Journal reports that trading has turned into a gold mine for banks.

The Wall Street Journal reports that Boston Scientific (BSX) swung to a first quarter loss.

The Wall Street Journal reports that the EU is probing cooperation among airlines.

The New York Times reports that Spain’s falling prices are upping deflation fear in Europe.

The New York Times reports that a watchdog said that the government was not watching what banks do with bailout money.

The New York Times reports that huge tech firms have the cash for M&A transactions.

The New York Times reports that Obama plans a $100 billion loan to the IMF.

The FT reports that Geithner faces a report which is critical of the bailout.

The FT reports that software and services helped IBM (IBM) reach profit goals.

The FT reports that critics say proposed regulations for hedge funds are almost useless.

Bloomberg reports that “The U.S. Treasury estimated $900 million in losses as of the end of last year on $301 billion in Citigroup Inc. assets that the government is guaranteeing, according to a new audit report.”

Douglas A. McIntyre