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