Media Digest 12/24/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Pay czar Feinberg approved compensation at several bailed out firms.

Reuters:   Oil moved above $77 as US crude stocks dropped.

Reuters:   The US is probing some banks about their sale of risky securities.

Reuters:   The Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) CEOs got their pay packages approved.

Reuters:   US consumer spending rose by new home sales dropped.

Reuters:   Apple (NASDAQ:AAPL) will host a new product event in January.

Reuters:   AIG (NYSE:AIG) investigated some executives about their pay packages.

WSJ:   AIG’s CEO is fighting a number of pay caps.

WSJ:   Hyundai Motors will emerge as the big winner in US car sales this year.

WSJ:   Ford (NYSE:F) settled the details of its sale of Volvo.

WSJ:   The FTC is looking at how Google (NASDAQ:GOOG) will use technology it will get when it buys AdMob.

WSJ:   RIM (NASDAQ:RIMM) is feeling the strain of outages of its BlackBerry network.

WSJ:   Barnes & Noble (NYSE:BKS) Nook e-readers will be delivered by Christmas.

WSJ:   Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) finished repaying TARP funds.

WSJ:   Novartis is making a push into heart transplant drugs.

NYT:   Investigators are looking into whether Goldman Sachs (NYSE:GS) knowingly sold risky securities.

NYT:   Government programs may push up the building of nuclear plants.

NYT:   The recession has cut migration to the Sun Belt.

NYT:   The CEO of Disney (NYSE:DIS) made 28% less than he did last year.

FT:   The Italian tax amnesty raise 80 billion euros.

FT:   Dealmaking income dropped to its lowest level since 2003.

FT:   Investors tend to ignore the picks of securities analysts.

Bloomberg:   Glencore is considering an IPO.

Bloomberg:   A panel looking into the financial crisis will hear testimony from the heads of Goldman Sachs, JPMorgan (NYSE:JPM), and Morgan Stanley (NYSE:MS).

Douglas A. McIntyre