Media Digest 3/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the US will woo private capital to get buyers for bank toxic assets.

Reuters reports that US shoppers are likely to remain frugal.

Reuters reports that US car dealers are struggling to stay in business.

Reuters writes that Ebay’s (EBAY) Skype is targeting the corporate market.

Reuters reports that AIG (AIG) rivals have met with Bernanke to complain about the insurance company using government money to gain an edge.

Reuters writes that GM (GM) bondholders raised concerns about their role in the bankruptcy in conversations with US officials.

Reuters writes that the ECB could cut rates.

Reuters reports that the global recession is hurting skyscraper construction.

Reuters reports that the US Central Credit Union may form a “bad bank”.

The Wall Street Journal reports that Suncor plans to acquire Petro-Canada.

The Wall Street Journal writes that the Fed is looking at how to stop new programs once they begin to take hold.

The Wall Street Journal reports that world financial officials are trying to address differences in how large nations save.

The Wall Street Journal reports that Abu Dhabi investment bought 9.1% of Daimler.

The Wall Street Journal reports that Time Warner (TWX) will begin to market its vintage films to make money.

The Wall Street Journal reports that states are competing for “clean coal” money.

The Wall Street Journal reports that Wal-Mart is getting deeper into the private label business.

The Wall Street Journal reports that doctors are trying to make heart disease treatment advances despite a lack of new blockbuster drugs.

The Wall Street Journal reports that the default by a Russian aircraft-leasing company is making the market concerned about the nation’s debt.

The Wall Street Journal reports that bear market rallies have been short-lived.

The Wall Street Journal reports that foreign banks in China are struggling to increase lending.

The Wall Street Journal reports that mutual fund companies are raising fees to investors.

The New York Times reports that a rights clash is taking some music videos off of Google’s (GOOG) YouTube.

The New York Times reports that “The founders of GlobalPost.com have created a hybrid business model of free content and paid subscriptions, combined with ads, to try to cover the globe.”

The New York Times reports that rivals say that IBM (IBM) is stifling the mainframe market.

The New York Times reports that Sony (SNE) is trying to expand its TV content business.

The New York Times reports that the recession is driving up trade protectionism.

The New York Times reports that Sweden is saying “no” to saving Saab

The FT reports that US banks are causing higher default rates by raising interest rates and cutting credit lines.

The FT reports that China is stockpiling copper, pushing up the prices.

Bloomberg reports that “This month’s record rally in U.S. financial companies is in jeopardy, according to the bond market, where concern about bank failures is growing.”

Douglas A. McIntyre