Media Digest 1/11/2010 Reuters, WSJ, NY Times, FT, Bloomberg

Reuters:   A senior Fed official said the joblessness will not affect rate policy.

Reuters:   Shares in China lenders rose causing economic overheating fears.

Reuters:   Motorola (NYSE:MOT) says cellphone use for shopping is up.

Reuters:   Lawmakers are pressing US Fed on rose in AIG (NYSE:AIG) bailout.

Reuters:   GE’s (NYSE:GE) NBC is embarrased by its mistakes with Leno show.

Reuters:   Goldman Sachs (NYSE:GS) may expand it charity program.

Reuters:   GM will build a Volt-based Cadillac.

Reuters:   Many banks have increased base salaries and cut bonuses.

Reuters:   Delta (NYSE:DAL) and AMR (NYSE:AMR) will not be allow to invest in troubled JAL.

Reuters:   Commercial property returns will grow in 2010.

WSJ:   US earnings are likely to rebound this year.

WSJ:   Many are reacting badly to high Wall St. bonuses but bankers are complaining more of their income is not cash

WSJ:   Ford (NYSE:F) will introduce a new car based on demand for fuel-efficiency.

WSJ:   China exports rose 17% in December.

WSJ:   One official said Geithner had no role in details of AIG bailout.

WSJ:   Citigroup’s (NYSE:C) Global Transaction Services units is growing with federal help.

WSJ:   “Avatar” became the top movie release of 2009.

WSJ:   Foot Locker will close 117 stores.

WSJ:   Rising aluminum prices should help Alcoa’s (NYSE:AA) earnings.

NYT:   Goldman Sachs may require bankers to give more to charity.

NYT:   Some US banks insist they will not accept UK efforts to put high taxes on bank salaries.

NYT:   The great majority of actual reporting among news media comes from newspapers.

FT:   US commercial property is drawing large investments.

FT:   Cadbury (NYSE:CBY) will bolster its takeover defense by posting big 2009 profits.

FT:   The market value of China banks has moved well ahead of US peers.

Bloomberg:   China officially overtook the US as the largest car market.

Bloomberg:   The Fed will seek court help to keep details of its bank bailouts secret.

Douglas A. McIntyre

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