Day archives: January 16th, 2009

Treasury, Federal Reserve and the FDIC Provide Assistance to Bank of America

News release: “The U.S. government entered into an agreement today with Bank of America to provide a package of guarantees, liquidity access and capital as part of its commitment to support financial market stability. Treasury and the Federal Deposit Insurance Corporation will provide protection against the possibility of unusually large losses on an asset pool …

Subjects: E-Government, Government Documents

EPA Releases Report on Sea Level Rise

News release: “The U.S. Environmental Protection Agency, in collaboration with other agencies, has released a report that discusses the impacts of sea level rise on the coast, coastal communities, and the habitats and species that depend on them. The report, Coastal Sensitivity to Sea-Level Rise: A Focus on the Mid-Atlantic Region, examines multiple opportunities for …

Subjects: E-Government, Government Documents

Citi to Reorganize into Two Operating Units to Maximize Value of Core Franchise

News release: “Citi today announced it will realign into two businesses, Citicorp and Citi Holdings, to optimize the company’s global businesses for future profitable growth and opportunities. This structure will enable Citi to focus on driving the performance of its core businesses and, separately, on realizing value from non-core assets. The strategic restructuring creates: Citicorp, …

Subjects: Government Documents

PBGC Posts Financial, Performance Gains in 2008 Annual Report

News release: “The Pension Benefit Guaranty Corp. solidified its foundation for the future during fiscal year 2008, the Corporation reported in its 2008 Annual Report, released today….[Director Charles E.F. Millard] noted that the progressive shrinkage of the shortfall, to $11.2 billion from 2007’s $14.1 billion and 2006’s $18.9 billion, was a positive development. “Our efforts …

Subjects: E-Government, Government Documents

GAO Report: U.S. Corporations and Federal Contractors with Subsidiaries in Jurisdictions Listed as Tax Havens

International Taxation: Large U.S. Corporations and Federal Contractors with Subsidiaries in Jurisdictions Listed as Tax Havens or Financial Privacy Jurisdictions, GAO-09-157, December 18, 2008 [released January 16, 2009] “Many U.S. corporations operate globally and have foreign subsidiaries. The subsidiaries may be created, for example, to take advantage of sales opportunities or favorable labor conditions. In …

Subjects: Government Documents

OMB: Current State of E-Government and Look Ahead to 2009

News release: “The Office of Management and Budget (OMB) E-Government and IT (E-Gov) released the Expanding E-Government Results Report,Q1 FY2009 Homeland Security Presidential Directive-12 (HSPD-12) status update, Federal CIO Council Transition Guide, Report to Congress on the Benefits of the E-Government Initiatives, and government Shared Service Centers for Certification & Accreditation Services through the Information …

Subjects: E-Government, Government Documents