Media Digest 2/8/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters: Former Merrill CEO John Thain was named CEO of CIT (NYSE:CIT)

Reuters:   Toyota (NYSE:TM) is preparing a global Prius recall.

Reuters:   Private equity firms are bracing for a tax battle.

Reuters:   Goldman Sachs (NYSE:GS) demands for insurance payouts hurt AIG (NYSE:AIG)

Reuters:   JAL will keep its alliance with American (NYSE:AMR) and end talks with Delta (NYSE:DAL).

WSJ:   The Fed will lay out a plan to begin to tighten as the economy recovers.

WSJ:   Troubles in Greece are still hurting global stock markets.

WSJ:   IBM (NYSE:IBM) launched a powerful new chip and high-end servers.

WSJ:   Geithner defended the US bond rating.

WSJ:   The CEO of SAP (NYSE:SAP) resigned.

WSJ:   Amazon (NYSE:AMZN) and Macmillan settled their book dispute.

WSJ:   T-Mobile may have an IPO.

WSJ:   The Canadian housing rebound may cause a bubble.

WSJ:   Toyota began to fix pedals in Europe six months before a US recall.

WSJ:   Lincoln and The Hartford are still facing skeptics as they begin to recover and may make TARP payments.

WSJ:   The Mortgage Bankers Association sold its headquarters for much less than it paid.

WSJ:   Auctions of US Treasuries are still being done at low interest rates.

WSJ:   E*Trade (NASDAQ:ETFC) joined discount broker price wars.

WSJ:   Regional banks like PNC may have to substantially dilute shareholders to pay back TARP money.

NYT:   The European monetary union has trouble because it lacks a political arm.

NYT:   Toyota (NYSE:TM) will recal over 300,000 Prius models.

NYT:   Book companies and others who sell products online are taking more control over pricing.

FT:   Obama will hold a televised healthcare summit.

Bloomberg:   Corporate bond yields widened the most since November.

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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