Media
Media Digest 12/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: The Treasury says the TARP loss will be $200 billion less than expected.
Reuters: Cadbury (NYSE:CBY) will respond to the Kraft (NYSE:KFT) offer on the 14th of December.
Reuters: Five AIG (NYSE:AIG) executives may quit over pay restrictions
Reuters: The US and Japan will open the options for carriers to fly to Tokyo.
Reuters: Dubai will not sell assets to support Dubai World.
Reuters: Citigroup (NYSE:C) is seeking government approval to pay its loans.
Reuters: GM hired Spencer Stuart for find a CEO.
Reuters: Senior lawmakers are near a deal to regulate swaps.
Reuters: Credit contraction in the US continues to grow.
Reuters: Saks (NYSE:SKS) is facing frugal upper class shoppers.
Reuters: The Organization of Economic Cooperation says public debt will hurt the recovery.
WSJ: Businesses are upset by a rule regulating carbon dioxide emissions.
WSJ: The bull market is showing signs of near-term slowing.
WSJ: Big retailers are under more financial pressure because of federal laws that may prevent them from extending credit.
WSJ: Toyota (NYSE:TM) faces a US safety probe.
WSJ: Kuwait sold its $4.1 billion stake in Citigroup (NYSE:C).
WSJ: Barnes & Noble (NASDAQ:BKS) delayed the release of its Nook e-readers in stores.
WSJ: Ebay (NASDAQ:EBAY) and Craigslist will face off in court.
WSJ: There is still a great deal of systemic risk in the credit system.
WSJ: The Boeing (NYSE:BA) Dreamliner is close to its first test flight.
WSJ: Intel (NASDAQ:INTC) killed plans for a graphics chip.
WSJ: Clear Channel will seek to raise debt.
WSJ: With yields falling US companies may be forced to look at more M&A.
WSJ: Banks must increase debt to cover capital requirements.
NYT: The loss on the TARP will be $42 billion out of $370 billion loaned, according to new forecasts.
NYT: The NBCU deal puts the future of broadcast TV in doubt.
NYT: Big sovereign wealth funds have made huge profits on bailing out financial firms.
FT: Citigroup (NYSE:C) is in a race to repay TARP funds.
FT: Obama hopes the TARP fund can be used for job creation.
FT: Bloomberg is looking for more media acquisitions.
FT: Silicon Valley is preparing for a comeback in IPOs.
Douglas A. McIntyre
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