Media Digest 9/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   The competition to dominate the green car market is increasing.

Reuters:   Obama will pressure the G20 on Wall St. reform.

Reuters:   Oracle (ORCL) earnings missed targets.

Reuters:   Opel’s sales shows power is shifting to car suppliers

Reuters:   Skype’s founders sued eBay (EBAY) over patent infringement.

Reuters:   Twitter raised money at a $1 billion valuation.

Reuters:   Cuomo subpoenaed five Bank of America (BAC) directors.

Reuters:   Krugman says US unemployment will not peak until 2011.

WSJ:   Regulators of large bond buyers are considering cutting ratings agencies which are the leading researchers of risk.

WSJ:   Toyota (TM) is preparing a billion dollar marketing blitz to help US sales.

WSJ:   KKR will invest in Kodak (EK).

WSJ:   Dell (DELL) agreed to pay $4 million to settle charges in New York.

WSJ:   Google (GOOG) bought a book scanning start-up.

WSJ:   A new Senate health care bill has set up a showdown on the issue.

WSJ:   Consumer prices rose in August.

WSJ:   Many cost savings for health care will not appear for years under most proposals for reform.

WSJ:   GE’s (GE) stock is up 15% over the last three days.

WSJ:   Barclays (BCS) is cutting its risks, which could hurt its returns.

WSJ:   Citigroup (C) plans to cut its stake in Smith Barney.

WSJ:   The FDIC will sell $1.3 billion of loans.

WSJ:   Cadbury says that it will do very well as an independent company.

WSJ:   Rolls Royce unveiled an economy car.

WSJ:   Anadarko made a huge oil find.

WSJ:   Chrysler will set it plan for five year sales and financial targets.

NYT:   The US will end its oil royalty program after a scandal.

NYT:   Private insurers are pleased at the lack of a public option in legislation to reform healthcare.

NYT:   Barclays (BCS) will sell $12.3 billion in illiquid assets.

NYT:   The OECD says high joblessness could last for years.

FT:   The Fed is focusing on bank property exposure.

FT:   The G20 will seek to improve global trade imbalances.

FT:   Venezuela signed a $16 billion deal with China to increase oil output in the South American nation.

Bloomberg:   A poll shows consumers will limit spending based on concerns about the economy.

Douglas A. McIntyre

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