Media Digest 9/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Obama is asking the G 20 to reshape the global economy.

Reuters:   Congress will demand details of the Bank of America/Merrill Lynch deal.

Reuters:   Holiday spending is expected to be flat.

Reuters:   It may be too late to catch the turnaround in eBay’s (EBAY) stock.

Reuters:   Senator Dodd favors a bank “super cop”.

Reuters:   The Conference Board said pay provisions like golden parachutes should be abandoned.

Reuters:   FedEx (FDX), Cisco (CSCO) and Office Depot (ODP) were cautious about the economy.

Reuters:   NY insurance officials raised concerns about using Moody’s (MCO).

WSJ:   The US, Europe, and China are trying to set up plans to drive lasting growth.

WSJ:   Stocks may hit a bear market as the DJIA nears 10,000 up 46% in six months.

WSJ:   Banco Santander plans to raise more than $7 billion.

WSJ:   GM’s exits from the leasing business is hurting Cadillac.

WSJ:   Google’s (GOOG) digital book deal is being debated by the industry and attorneys general.

WSJ:   Wynn (WYNN) will try to raise $1.6 billion in an IPO.

WSJ:   Large websites are trying to cut out inventory from ad networks so that they can raise rates.

WSJ:   Yahoo! (YHOO) will launch an ad campaign.

WSJ:   New bank rules will probably hurt investor returns.

WSJ:   The IPO market is regaining momentum.

WSJ:   Mutual funds are seeing inflows as the market rises.

WSJ:   The head of WPP painted a troubling picture of the return of the ad market.

WSJ:   A cut in greenhouse gases may not have to hurt economic growth.

WSJ:   The head of Alcatel-Lucent (ALU) said there is little concern about being bought by Chinese interests.

WSJ:   Goldman Sachs (GS) is putting $250 million in to China auto firm Geely.

WSJ:   The race for successful obesity drugs is heating up.

NYT   Disney (DIS) faces certain rights issues over Marvel (MVL) characters

NYT:   Analysts say that newspaper earnings have not hit bottom.

NYT:   The IRS extended amnesty for offshore accounts.

NYT:   Hybrid internet-TV is making progress in Europe.

FT:   The recession has caused a steep drop in greenhouse gas emissions.

FT:   Bank regulators are worried about complacency as markets recover.

FT:   A California bond issue brought in $8.8 billion.

Bloomberg:   A potential relapse in housing poses problems for Bernanke.

Douglas A. McIntyre