Media Digest (4/6/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Oil dropped as the dollar strengthened.

Reuters:   Samsung posted record profits.

Reuters:   Greece wants to amend its aid deal with Europe and not use IMF.

Reuters:   The US Transportation Department will try to fine Toyota (TM) $16.4 million.

WSJ:   Apartment rents rose in the first quarter.

WSJ:   Some Wall St. executives below the CEO level had record pay in 2009.

WSJ:   Apple (AAPL) iPad sales fell short of some forecasts.

WSJ:   Fannie Mae (FNM) and Freddie Mac (FRE) will start to use a swaps clearing house, hurting some investment banking fees.

WSJ:   Microsoft (MSFT) will introduce its new “pink” handsets.

WSJ:   California’s largest pension funds face shortfalls.

WSJ:   NetFlix (NFLX) will benefit from its iPad app.

WSJ:   Notes from the Fed’s March meeting will show whether the banks has concerns about inflation due to the economic expansion.

WSJ:   Greek bonds may have trouble finding buyers in Asia.

WSJ:   Japanese companies are being forced to disclose ties with one another.

WSJ:   US Air (LCC) said its passenger unit revenue rose.

WSJ:   Daimler will work with Renault and Nissan on small cars.

NYT:   The head of Citigroup (C) is shrinking the company while trying to support growth in remaining businesses.

NYT:   The  Financial Crisis Inquiry Committee has had trouble focusing on the events that caused the credit crisis.

NYT:  Engineers based in China hacked the Indian Defense Ministry.

FT:   The markets and oil prices are up on optimism about the economy.

FT:   Greece will target US investors with its new bonds selling itself as an “emerging market.”

FT:   BlackRock (BLK) says banks face write-offs from distressed mortgages.

Bloomberg:   The euro fell on Greek debt concerns.

Douglas A. McIntyre