Media Digest 10/4/2010 Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis.

Reuters:   Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ).

Reuters:   Philadelphia Fed chief Plosser warned against agency bond purchases.

Reuters:   Visa (NYSE: V) and MasterCard (NYSE: MA) are near and antitrust settlement.

Reuters:   Verizon Wireless will pay $90 million for billing errors.

Reuters:   Walt Disney (NYSE: DIS) named two people to run its digital operations.

Reuters:   Kuwait will buy $1 billion of the AIA IPO.

WSJ:   More home owners are claiming paper work problems have caused wrongful foreclosures.

WSJ:   The American citizen has begun to turn against free trade according to a WSJ poll

WSJ:   American companies are posting huge profits because they have dropped expenses to match revenues.

WSJ:   UBS (NYSE: UBS) and Credit Suisse (NYSE: CS) face burdensome capital rules.

WSJ:   GM is on the lookout for new joint venture partners to cut costs.

WSJ:   The value of stocks is up, but volume is not.

WSJ:   The IMF says new bank rules are not sufficient.

WSJ:   Tech companies have become more involved in patent fights.

WSJ:   Research In Motion (NASDAQ: RIMM) says it has made progress in talks with India.

WSJ:   Unions are pushing to get members to vote for Democrats.

WSJ:   China pledged support for Greece.

WSJ:   Boeing (NYSE: BA) and US airlines are in disagreement over export aid.

WSJ:   Delta (NYSE: DAL) will focus more on service.

WSJ:   The New York Times (NYSE: NYT) will buy back loans from Carlos Slim earlier than expected.

WSJ:   PriceWaterhouseCoopers has begin to market on Linked-In.

WSJ:   CEOs who have held chief executive jobs before perform worse than those new to the office, according to a study by Professors Monika Hamori of IE Business School in Madrid and Burak Koyuncu of Rouen Business School in Rouen, France

WSJ:   Issues with routing show that investors often do not get the best price the market can offer.

NYT:   Big companies have not spent the money they have raised at low interest rates.

NYT:   Large casinos have begun to lobby for more lenient online gambling laws

NYT:   The Apple (NASDAQ: AAPL) iPad may be critical to the storage of medical records.

FT:   American International Group (NYSE: AIG) has had to lower the valuation of its AIA IPO.

FT:   GM will cut its IPO to $8 billion from $12 billion.

FT:   Financial firms in Brazil and China have seen a surge in credit card holders.

Bloomberg:   Oil prices could rise sharply again because demand from BRIC nations.

Bloomberg:   Sinopec (NYSE: SNP) paid a huge premium for Brazil oil reserves.

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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