Media Digest 9/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Richard Fuld defended his actions at Lehman.
Reuters: Manpower says the outlook for hiring is US is weak.
Reuters: Gold futures topped $1,000.
Reuters: Kraft (KFT) will probably up its bid for Cadbury.
Reuters: The World Economic Forum says the Switzerland passed the US as the world’s most competitive economy.
Reuters: Greenspan says US banks need to keep higher capital.
Reuters: Brad Garlinghouse, formerly a Yahoo! (YHOO) executive, will run e-mail operations for AOL.
Reuters: Chinatrust may raise more cash as it stayed quiet about a bid for AIG’s (AIG) China group.
WSJ: The markets are vulnerable to a sell-off because of debt burdens.
WSJ: The GM board will meet to discuss the future of Opel.
WSJ: The U.S. Chamber of Commerce will launch a marketing campaign against a new Obama-planned consumer protection agency.
WSJ: AIG (AIG) could speed up the spin-out of its insurance units.
WSJ: A group hoping to protect Linux, which includes IBM (IBM) and Sony (SNE), may buy patents from Microsoft (MSFT).
WSJ: Deutsche Telekom (DT) and France Telecom plan to merge their UK wireless operations.
WSJ: Roche named a new head of its pharmaceuticals group.
WSJ: A Chinese firm is bidding for Australia’s Energy Metals.
WSJ: China backs several companies over their reactions to losses from derivative contracts.
WSJ: Kraft’s (KFT) bid puts Cadbury in play.
WSJ: Google (GOOG) cut back on its plan to make books available online in Europe.
WSJ: Abu Dhabi will by Chartered Semiconductor.
WSJ: Twitter is becoming a recruiting tool for companies including Verizon (VZ) and McDonald’s (MCD).
WSJ: Treating depression may help treat heart disease.
NYT: Buffett is buying fewer stocks and more government and corporate debt.
FT: Regulators are working out details for tougher regulation of banks around the world.
Bloomberg: Saudi Arabia signaled that oil prices at current levels were fine.
Douglas A. McIntyre