Media Digest 8/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: August 6, 2009 3:58 am

Last Updated: March 11, 2020 8:22 am

Reuters: A bubble may be forming in the corporate bond market.

Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP Morgan (JPM) and Blackstone (BX) could get large fees.

Reuters: A judge would not approve an SEC settlement with Bank of America (BAC)

Reuters: The Administration is considering splitting Fannie Mae (FNM) and Freddie Mac (FRE).

Reuters: The SEC plans a new enforcement unit.

Reuters: Cisco (CSCO) was cautious about its recovery prospects.

Reuters: News Corp (NWS) said it would charge for its news sites and expressed displeasure with the Amazon (AMZN) Kindle and its relationship with newspapers.

Reuters: Monster’s (MNST) only jobs index fell in July.

Reuters: Las Vegas Sands (LVS) and Wynn (WYNN) IPOs are seen as doing well.

WSJ: P&G (PG) is creating cheaper detergent to fight the downturn.

WSJ: Bank of America (BAC) did not disclose $2 billion in Merrill losses just before the deal was approved.

WSJ: Jobs losses are still hindering the recovery.

WSJ: The CEO of American Express (AXP) is still concerned about the recovery.

WSJ: Deutsche Telekom (DT) results were in line with expectations.

WSJ: Prudential Financial (PRU) ended a string of quarterly losses.

WSJ: The government says GM will go public before Chrysler.

WSJ: Google (GOOG) set a deal to buy video compression firm On2 (ONT).

WSJ: Vonage (VG) posted another deficit.

WSJ: The Fed may work to extend programs for consumer and business lending.

WSJ: The Treasury will sell more inflation-adjusted bonds to encourage China purchases.

WSJ: The CFTC appears ready to impose limits on energy trading.

NYT: Geithner says small disagreements between regulators should not halt reform.

NYT: Goldman Sachs (GS) officials are defiant about the firm’s profits.

NYT: The Administration will provide $2.4 billion for battery development, mostly for electric cars.

NYT: Toyota (TM) plans a US sports car.

FT: The SEC is seeking funds for complex investigations.

FT: Goldman Sachs (GS) has 46 trading days of over $100 million in the last quarter.

FT Google (GOOG) is set to take on Apple (AAPL) in the China cell phone market.

FT: China has suffered its largest bank fraud.

Bloomberg: Hank Greenberg may face SEC charges involving his role at AIG (AIG).

Bloomberg: The former head of American Express (AXP) may become chairman of AIG.

Douglas A. McIntyre is the former chairman and CEO of On2 Technologies (ONT)

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.