Media Digest 12/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
December 15, 2009 by Douglas A. McIntyreReuters: Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds.
Reuters: Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort.
Reuters: Some of AIG’s (NYSE:AIG) top staff are struggling financially.
Reuters: Geithner said the US would make a profit on TARP.
Reuters: Goldman Sachs (NYSE:GS) faces a lawsuit over bonuses.
Reuters: Citigroup pay and bonus cuts will remain despite TARP repayment.
WSJ: Exxon Mobil (NYSE:XOM) is making a big bet on natural gas by buying XTO Energy (NYSE:XTO).
WSJ: Bankers told Obama that they would support some level of regulation.
WSJ: Dubai’s plan to repay some of its debt may not repair its reputation.
WSJ: Bank of America (NYSE:BAC) was not able to get the Bank of New York Mellon (NYSE:BK) to take its top job.
WSJ: GE’s (NYSE:GE) Immelt will draw on the lessons he has learned running the company in an investor presentation.
WSJ: New mortgage asset guidelines are being proposed.
WSJ: Wal-Mart (NYSE:WMT) is using its logistics skills to compete with Amazon (NASDAQ:AMZN).
WSJ: Google (NASDAQ:GOOG) and T-Mobile (NYSE:DT) are discussing a handset marketing partnership.
WSJ: The EU will probably approve the bid by Oracle (NASDAQ:ORCL) to buy Sun (NYSE:JAVA).
WSJ: ArcelorMittal will cut thousands of more jobs.
WSJ: Apple (NASDAQ:AAPL) faces delays in iMac shipments.
WSJ: Pfizer (NYSE:PFE) salesmen are using new PCs to pitch products and help them comply with regulations.
WSJ: Toyota’s (NYSE:TM) into hybrids is going global.
NYT: A new poll shows how badly unemployment has hit many families.
NYT: GM’s new CEO is trying to change the firm’s bureaucratic culture.
NYT: Obama pressed big banks to lend more.
NYT: Abu Dhabi’s loan to Dubai will give it more control over its troubled neighbor.
NYT: A new study says the impact of electic hybrids could be decades away.
FT: China moved ahead of the US in the IPO market with $27.2 billion raised.
Bloomberg: Dubai will need more help to pay bonds due in 2010 and 2011.
Bloomberg: JP Morgan (NYSE:JPM), Bank of America, and Citigroup are leading a comeback in collateralized debt obligations
Douglas A. McIntyre
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