Media

Media Digest 3/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Obama may be stretched to thin.

Reuters reports that AIG (AIG) executives in Europe are resisting returning bonuses.

Reuters reports that Obama will begin to tighten the screws on Wall St.

Reuters reports that the backlash against Wall St. could spread to the bank bailout plan.

Reuters reports that Twitter will seek more revenue from businesses.

Reuters reports that a house panel approved the $3.45 trillion budget.

Reuters reports that IBM (IBM) is on the short list to bid for Satyam.

Reuters writes that the US toxic asset plan should help big banks.

Reuters reports that Roche has picked up 96% of the shares in Genentech (DNA).

Reuters writes that Rio Tinto (RTP) will sell more assets if its deal to sell equity to a Chinese firm fails.

Reuters reports that Treasury is preparing a plan to take control of troubled non-bank firms.

Reuters reports that bond spreads are creating a new bank crisis measurement.

The Wall Street Journal reports that the auto task force will suggest more federal loans to GM (GM) and Chrysler.

The Wall Street Journal reports that Barclays shareholders are losing patience with management as it tries to keep the bank from government ownership.

The Wall Street Journal reports that gas prices could rise going into the summer.

The Wall Street Journal reports that the Administration wants to eliminate certain oil and gas company tax credits.

The Wall Street Journal reports that IBM (IBM) will cut 5,000 jobs.

The Wall Street Journal reports that Volvo bidders are talking to Ford (F).

The Wall Street Journal reports that commercial real estate loan failures are picking up.

The Wall Street Journal reports the the commodities rally lacks underlying demand.

The Wall Street Journal reports that trading in credit markets does not back the stock rally.

The Wall Street Journal reports that Intel (INTC) has big hopes for its new chip.

The Wall Street Journal reports that Nintendo’s new game platform is coming to the US.

The Wall Street Journal reports that PetroChina’s (PTR) profits dropped and its may curb output.

The New York Times reports that a number of firms getting government money will pay employees retention bonuses.

The New York Times reports that the latest Treasury auction showed weak demand.

The New York Times reports that Geithner reaffirmed the dollar’s role in the world of global finance.

The New York Times reports that a senior European leader attacked the US stimulus plan.

The New York Times reports that the IMF has announced a financial rescue for Romania.

The FT reports that US retail investors put large amount of money from the stock market into bank accounts.

The FT reports that debt holders are slowing the US car company bailout.

The FT reports that there has been a surge in short sellers.

Bloomberg repors that Morgan Stanley (MS) and Mitsubishi UFJ will form a large Japanese brokerage operation.

Bloomberg reports that Geithner want more power to regulate hedge funds and derivatives.

Douglas A. McIntyre