Media Digest 12/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Affluent borrowers are being made credit card offers. Most other people are rarely solicited.

Reuters:   Bank of America (NYSE:BAC) will repay $45 billion in TARP funds.

Reuters:   AMR (NYSE:AMR) and TPG have offered JAL $1.1 billion in investment capital to block an investment from Delta (NYSE:DAL).

Reuters:   Bernanke will defend the Fed’s role as he seeks a second term.

Reuters:   A poll shows most Americans want the public health option in new healthcare legislation.

Reuters:   A bill to further regulate large financial firms and audit the Fed is making progress.

Reuters:   ECB will slowly exit its role in the credit markets.

Reuters:   GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have announced their deal for NBCU.

Reuters:   The Monster online jobs index slipped last month.

Reuters:   The dominance of the GM board may make a CEO search hard.

WSJ:   Goldman Sachs (NYSE:GS) is aggressively defending its pay policy to large investors.

WSJ:   GM’s Whitacre will push for market share gains.

WSJ:   Bernstein (NYSE:AB) is resurrecting its capital markets business.

WSJ:   Siemens (NYSE:SI) posted a quarterly loss.

WSJ:   Harley Davidson (NYSE:HOG) received concessions from its unions.

WSJ:   Cyber Monday sales rose 5%.

WSJ:   Google (NASDAQ:GOOG) will give publishers more control over their content.

WSJ:   Nokia (NYSE:NOK) is sticking with its Symbian operating system

WSJ:   Wal-Mart (NYSE:WMT) launched a video game price war.

WSJ:   AT&T (NYSE:T) and Verizon (NYSE:VZ) dropped suits against each other.

WSJ:   Morningstar is moving into the credit ratings business.

NYT:   The Fed Beige Book showed modest improvement in the economy.

NYT:   Geithner expects that TARP to end soon.

FT:   The Comcast bid values NBCU at $38 billion.

FT:   UK banks are owed $5 billion by Dubai World.

FT:   The FDIC say millions of Americans do not have access to banks.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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