Media Digest 2/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the biggest problem GM (GM) may face is a mountain of debt.

Reuters reports that investors in Stanford funds are pushing hard to get their money out.

Reuters reports that Obama announced his plan to rescue mortgages.

Reuters reports that the Fed cut its growth rate and may set and inflation target.

Reuters reports that UBS (UBS) will identify its customers in a tax case and pay a fine of $780 million.

Reuters reports that Sprint (S) is expected to post a loss.

Reuters reports that HP (HPQ) cut its full-year outlook.

Reuters reports that Oppenheimer bank analyst Whitney resigned.

Reuters reports that Disney (DIS) will restructure its theme park business.

The Wall Street Journal writes that the housing bailout will cost $275 billion.

The Wall Street Journal writes that BP (BP) plans to build a biofuel refinery.

The Wall Street Journal reports that MBIA (MBI) reorganized its insurance unit.

The Wall Street Journal reports that Paul Allen may see a stimulus windfall

The Wall Street Journal reports that a dispute between Intel (INTC) and Nvidia (NVDA) will go to court.

The Wall Street Journal reports that Canada is falling into recession because of the dropping price of oil.

The Wall Street Journal writes that some investors who were betting against the Eastern European economy cleaned up.

The Wall Street Journal reports that housing costs hit their lowest level in half a century.

The Wall Street Journal reports that government aid to large banks may be the start for taking them over.

The Wall Street Journal reports that the net at Whole Foods (WFMI) fell.

The Wall Street Journal writes that Apple’s (AAPL) unit sales dropped through retailers dropped in January.

The Wall Street Journal reports that Verizon (VZ) picked suppliers for its 4G network.

The Wall Street Journal reports that the Rockefellers are pushing Exxon (XOM) on its green strategy.

The Wall Street Journal reports that CBS (CBS) cut its dividend.

The New York Times reports that the SEC did not avert the Stanford fraud.

The New York Times reports that GM (GM) said the new loan it wants will be adequate.

The New York Times writes that a car company Chapter 11 could be more expensive than a bailout.

The FT reports that GM is seeking partners for its Europe brands.

Bloomberg writes that Nestle says sales growth will be the near end of projections.

Douglas A. McIntyre