Media

Media Digest 1/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Water_liliesAccording to Reuters, Detroit’s efforts to build "green" cars may come too late.

Reuters reports that Obama is seeking the $350 billion still left in the TARP.

Reuters writes that prosecutors will appeal a ruling keeping Madoff out of jail.

Reuters reports that Russia has restarted gas flow through the Ukraine.

Reuters reports that Alcoa (AA) reported a loss due to the economy.

Reuters reports that Sony (SNE) may post a $1.1 billion operating loss.

Reuters reports that JP Morgan (JPM) will release financial results six days early.

Reuters reports that the cost of bankruptcy financial is rising.

Reuters reports that GM (GM) is planning to return to leasing cars in the US.

The Wall Street Journal reports that officials are looking into Banco Santander’s ties with Madoff.

The Wall Street Journal reports that stock brokers may be essential to a market recovery.

The Wall Street Journal reports that CEO firings are rising.

The Wall Street Journal reports that UAW talks are slowing the GM (GM) restructuring.

The Wall Street Journal reports that China’s imports and exports fell sharply.

The Wall Street Journal reports that AIG (AIG) faces hurdles in the sale of one of its units.

The Wall Street Journal reports that the UAW backs having a "car czar".

The Wall Street Journal reports that the head of Seagate stepped down.

The Wall Street Journal reports that November trade data is likely to reflect the global recession.

The Wall Street Journal reports that trade may begin to hurt the US GDP.

The Wall Street Journal reports that The Hartford is trying to take risk out of annuities.

The Wall Street Journal reports that the FDIC is pushing banks to show how they are using government aid to help homeowners.

The Wall Street Journal reports that The World Bank has blacklisted Wipro as a supplier.

The Wall Street Journal report that the FTC wants to restore the Wild Oats Brand.

The New York Times reports that Citigroup’s (C) deal to merge brokerage businesses with Morgan Stanley (MS) has brought back many old demons for investors in the bank.

The New York Times reports that Honda (HMC) released a hybrid to compete with the Toyota (TM) Prius.

The New York Times report that the big Gulf states including Saudi Arabia, are putting big money into green technology.

The New York Times reports that Germany is about to release a large stimulus package.

The FT reports that top traders hold the key to success at many banks.

The FT reports that part of the oil industry was hit by higher prices.

Bloomberg reports that the US economy may shrink 1.5% in 2009.

Bloomberg writes that IBM (IBM) and Accenture may take business fro struggling Stayam.

Douglas A. McIntyre

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