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

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