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Economic Policy Institute Brief by Robert E. Scott: “The United States lost 5 million manufacturing jobs between January 2000 and December 2014. There is a widespread misperception that rapid productivity growth is the primary cause of continuing manufacturing job losses over the past 15 years. Instead, as this report shows, job losses can be traced …
Goodwin, Shane C, Corporate Governance and Hedge Fund Activism (August 2015). Available for download at SSRN: http://ssrn.com/abstract=2646293 “Over the past 25 years, hedge fund activism has emerged as new form of corporate governance mechanism that brings about operational, financial and governance reforms to a corporation. Many prominent business executives and legal scholars are convinced that …
“Despite bipartisan support from many organizations, Capitol Hill still hesitates to grant public access to taxpayer-funded formal reports from the Congressional Research Service (CRS). The Project On Government Oversight has long reported on the importance of opening these reports to the public. POGO worked with many open-government allies to urge Members of Congress to change the …
“The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on July 28-29, 2015. The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board’s …
“In June 2015, the Nation learned that the personnel records of 21.5 million United States citizens had been exfiltrated by an unknown adversary from the Office of Personnel Management, one of the largest known breaches in the history of the U.S. Government. The immediate public outcry included congressional hearings attributing the breach to OPM administrators and …
“Climate Feedback brings the expertise of the scientific community into the world of online climate coverage to provide readers and authors with in-situ feedback about the content’s scientific credibility. Climate Feedback is a project born from the reality that we are at a critical moment in history, one in which important decisions about climate change …
News release: “The FAA identified a recent software upgrade at the Leesburg, VA, high-altitude radar facility as the source of Saturday’s automation problems. The agency is working closely with its contractor, Lockheed Martin Corp., to prevent future occurrences. Despite the outage, air traffic controllers safely handled 70 to 88 percent of Saturday’s scheduled arrivals and …
“G20 Leaders agreed in 2009 that all over-the-counter (OTC) derivatives contracts should be reported to trade repositories (TRs) as part of their commitment to reform OTC derivatives markets in order to improve transparency, mitigate systemic risk and protect against market abuse. Aggregation of the data reported across TRs is necessary to help ensure that authorities …
“The Basel Committee on Banking Supervision has received a number of interpretation questions related to the Standardised Approach for measuring counterparty credit risk (SA-CCR), as published in March 2014 (and revised in April 2014). The SA-CCR will replace both current non-internal model approaches, the Current Exposure Method (CEM) and the Standardised Method (SM). To help ensure …
