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

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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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

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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