Media Digest 12/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Obama’s poll ratings on the economy dropped.

Reuters:   Bank of America (NYSE:BAC) picked insider Brian Moynihan as CEO.

Reuters:   Bernanke’s confirmation should pass its first hurdle.

Reuters:   The US delayed selling some of its Citigroup (NYSE:C) stock.

Reuters:   AIG (NYSE:AIG) will file an IPO for its Asian life insurance firm.

Reuters:   The US said Credit Suisse (NYSE:CS)  schemed to avoid sanctions.

WSJ:   More Americans are walking away from mortgages because they feel it is in their best financial interest.

WSJ:   Ford (NYSE:F) is looking at iPhone-like Apps for its onboard software.

WSJ:   The FTC sued Intel (NASDAQ:INTC).

WSJ:   The former wife of SAC chief Cohen accused him of insider trading.

WSJ:   Oracle (NASDAQ:ORCL) stands to gain from a rebound in business spending.

WSJ:   Yum Brands (NYSE:YUM) is moving into India.

WSJ:   Hovnanian (NYSE:HOV) narrowed losses.

WSJ:   AMR (NYSE:AMR) may raise its offer to invest in JAL.

WSJ:   RIM (NASDAQ:RIMM) may post good earnings but will show little progress against Apple’s (NASDAQ:AAP) iPhone.

WSJ:   A Harvard professor thinks healthcare must be changed by altering the way that medical teams practice.

WSJ:   More schools are offering management education to doctors.

WSJ:   UK politicians are upset about RBC’s (NYSE:RBC) role in helping Kraft (NYSE:KFT) make a run at Cadbury (NYSE:CBY).

WSJ:   Global regulators will soften capital requirements for banks.

NYT:   The government may have trouble getting out of funding mortgage-backers AIG (NYSE:AIG), Fannie Mae (NYSE:FNM), Freddie Mac (NYSE:FRE), and GMAC.

NYT:   Europe dropped its antitrust case against Microsoft (NYSE:MSFT).

NYT:   The US reported an upturn in home building.

NYT:   CNN fell behind MSNBC is annual prime time ratings.

FT:   The Fed will pull back from some of its liquidity supports.

FT:   The sale of AIG’s Asia unit could raise $20 billion.

FT:   Some insurers will launch “reputation risk” products to address issues like Tiger Woods endorsements.

Bloomberg:   A union accused Goldman Sachs (NYSE:GS) of driving trucker YRC into bankruptcy.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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