Media Digest 10/4/2010 Reuters, WSJ, NYT, FT, Bloomberg
Reuters: The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis.
Reuters: Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ).
Reuters: Philadelphia Fed chief Plosser warned against agency bond purchases.
Reuters: Visa (NYSE: V) and MasterCard (NYSE: MA) are near and antitrust settlement.
Reuters: Verizon Wireless will pay $90 million for billing errors.
Reuters: Walt Disney (NYSE: DIS) named two people to run its digital operations.
Reuters: Kuwait will buy $1 billion of the AIA IPO.
WSJ: More home owners are claiming paper work problems have caused wrongful foreclosures.
WSJ: The American citizen has begun to turn against free trade according to a WSJ poll
WSJ: American companies are posting huge profits because they have dropped expenses to match revenues.
WSJ: UBS (NYSE: UBS) and Credit Suisse (NYSE: CS) face burdensome capital rules.
WSJ: GM is on the lookout for new joint venture partners to cut costs.
WSJ: The value of stocks is up, but volume is not.
WSJ: The IMF says new bank rules are not sufficient.
WSJ: Tech companies have become more involved in patent fights.
WSJ: Research In Motion (NASDAQ: RIMM) says it has made progress in talks with India.
WSJ: Unions are pushing to get members to vote for Democrats.
WSJ: China pledged support for Greece.
WSJ: Boeing (NYSE: BA) and US airlines are in disagreement over export aid.
WSJ: Delta (NYSE: DAL) will focus more on service.
WSJ: The New York Times (NYSE: NYT) will buy back loans from Carlos Slim earlier than expected.
WSJ: PriceWaterhouseCoopers has begin to market on Linked-In.
WSJ: CEOs who have held chief executive jobs before perform worse than those new to the office, according to a study by Professors Monika Hamori of IE Business School in Madrid and Burak Koyuncu of Rouen Business School in Rouen, France
WSJ: Issues with routing show that investors often do not get the best price the market can offer.
NYT: Big companies have not spent the money they have raised at low interest rates.
NYT: Large casinos have begun to lobby for more lenient online gambling laws
NYT: The Apple (NASDAQ: AAPL) iPad may be critical to the storage of medical records.
FT: American International Group (NYSE: AIG) has had to lower the valuation of its AIA IPO.
FT: GM will cut its IPO to $8 billion from $12 billion.
FT: Financial firms in Brazil and China have seen a surge in credit card holders.
Bloomberg: Oil prices could rise sharply again because demand from BRIC nations.
Bloomberg: Sinopec (NYSE: SNP) paid a huge premium for Brazil oil reserves.
Douglas A. McIntyre