Media Digest 12/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Affluent borrowers are being made credit card offers. Most other people are rarely solicited.

Reuters:   Bank of America (NYSE:BAC) will repay $45 billion in TARP funds.

Reuters:   AMR (NYSE:AMR) and TPG have offered JAL $1.1 billion in investment capital to block an investment from Delta (NYSE:DAL).

Reuters:   Bernanke will defend the Fed’s role as he seeks a second term.

Reuters:   A poll shows most Americans want the public health option in new healthcare legislation.

Reuters:   A bill to further regulate large financial firms and audit the Fed is making progress.

Reuters:   ECB will slowly exit its role in the credit markets.

Reuters:   GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have announced their deal for NBCU.

Reuters:   The Monster online jobs index slipped last month.

Reuters:   The dominance of the GM board may make a CEO search hard.

WSJ:   Goldman Sachs (NYSE:GS) is aggressively defending its pay policy to large investors.

WSJ:   GM’s Whitacre will push for market share gains.

WSJ:   Bernstein (NYSE:AB) is resurrecting its capital markets business.

WSJ:   Siemens (NYSE:SI) posted a quarterly loss.

WSJ:   Harley Davidson (NYSE:HOG) received concessions from its unions.

WSJ:   Cyber Monday sales rose 5%.

WSJ:   Google (NASDAQ:GOOG) will give publishers more control over their content.

WSJ:   Nokia (NYSE:NOK) is sticking with its Symbian operating system

WSJ:   Wal-Mart (NYSE:WMT) launched a video game price war.

WSJ:   AT&T (NYSE:T) and Verizon (NYSE:VZ) dropped suits against each other.

WSJ:   Morningstar is moving into the credit ratings business.

NYT:   The Fed Beige Book showed modest improvement in the economy.

NYT:   Geithner expects that TARP to end soon.

FT:   The Comcast bid values NBCU at $38 billion.

FT:   UK banks are owed $5 billion by Dubai World.

FT:   The FDIC say millions of Americans do not have access to banks.

Douglas A. McIntyre