Reuters: China’s expansion is leading to charges is it stripping asset from other under-developed countries.
Reuters: UBS (UBS) will reveal the names of 5,000 clients in a deal with US tax authorities.
Reuters: Schwab (SCHW) was sued by NYS over auction rate securities.
Reuters: Greenspan sees a strong end to 2009 but worries about next year.
Reuters: An SEC reviews of AIG (AIG) disclosures found inconsistencies.
Reuters: The National Retail Federation found that an important part of back to school sales lies ahead.
WSJ: Options back-dating was more common that supposed. Companies which might have been involved include Omnicom, Dress Barn, and United Rentals.
WSJ: Economists do not agree on the pace of the recovery or whether there will be one at all.
WSJ: GM has cut a deal to sell Saab
WSJ: The new CEO of AIG (AIG) will make $7 million.
WSJ: Sony (SNE) has delayed launch of its ultra-thin TV.
WSJ: Banks continue to tighten loan standards.
WSJ: The Reader’s Digest filed for Chapter 11.
WSJ: CIT (CIT) narrowed losses and its tender succeeded.
WSJ: Dell (DELL) is developing phones for China.
WSJ: Sony Ericsson replaced its CEO.
WSJ: Biofuel companies are looking at using fish to harvest algae.
WSJ: China will appeal a ruling on distribution of entertainment within its borders.
WSJ: Rosetta Stone delayed its public offering.
WSJ: The VIX jumped almost 15%.
WSJ: Media companies are trying to figure how much of the drop in ad and DVD sales is permanent.
WSJ: Fox Business is close to a deal to sign Don Imus.
NYT: Brazil is seeking more control of the oil beneath its its seas and is cutting back on ties with foreign oil firms.
NYT: Tax bills are pressuring homeowners.
NYT: Some small cities are paying to keep air travel.
NYT: The SEC is working on new restrictions to short selling.
NYT: US car companies made progress in a new consumer satisfaction survey.
FT: Dell (DELL) will release a smart phone with China Mobile (CHL).
FT: DreamWorks raised $825 million.
Douglas A. McIntyre
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