Author archives

White House Fact Sheet: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs

News release: “For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing government-sponsored enterprise (GSE) but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties. President Bush publicly called for GSE reform …

Subjects: E-Government, Government Documents

Study Says 17% of Americans Use Only Cell Phones

News release: “A new study from The Nielsen Company says that more than 20 million U.S. telephone households (17 percent) are wireless substitutors — homes without landlines that rely solely on a mobile phone for their home telecommunications.” Call My Cell: Wireless Substitution in the United States, September 2008 News release: “JupiterResearch..has found that wireless …

Subjects: Wireless Web

Brookings: Concerns about the Treasury Rescue Plan

Concerns about the Treasury Rescue Plan – Financial Markets, Financial Institutions, Federal Reserve, Governance, U.S. Economy, Douglas W. Elmendorf, Senior Fellow, Economic Studies, The Brookings Institution, September 19, 2008 “Amid continued tumult in financial markets, the Treasury Department has developed a systematic plan to stabilize the financial system. Observers have been worried that the huge …

Subjects: Government Documents

Federal Reserve Board announces enhancements to its programs to provide liquidity to markets

“The Federal Reserve Board on Friday announced two enhancements to its programs to provide liquidity to markets. One initiative will extend non-recourse loans at the primary credit rate to U.S. depository institutions and bank holding companies to finance their purchases of high-quality asset-backed commercial paper (ABCP) from money market mutual funds. This should assist money …

Subjects: E-Government, Government Documents

Federal Reserve System: Transactions Between Member Banks and Their Affiliates

Board of Governors of the Federal Reserve System. Interim final rule with request for public comment. Transactions Between Member Banks and Their Affiliates: Exemption for Certain Securities Financing Transactions Between a Member Bank and an Affiliate. [Federal Register: September 19, 2008 (Volume 73, Number 183)] [Rules and Regulations] [Page 54307-54309] SUMMARY: “In light of the …

Subjects: E-Government, Government Documents

Treasury Secretary Paulson Outlines Comprehensive Approach to Market Developments

News release: “Treasury Secretary Paulson outlined a comprehensive approach to relieving the stresses on financial institutions and markets Friday. “Right now, our focus is restoring the strength of our financial system so it can again finance economic growth. The financial security of all Americans – their retirement savings, their home values, their ability to borrow …

Subjects: E-Government, Government Documents

Treasury Announces Guaranty Program for Money Market Funds

News release: “The U.S. Treasury Department today announced the establishment of a temporary guaranty program for the U.S. money market mutual fund industry. For the next year, the U.S. Treasury will insure the holdings of any publicly offered eligible money market mutual fund – both retail and institutional – that pays a fee to participate …

Subjects: E-Government, Government Documents

New GAO Reports: OMB Briefing on HR Line of Business Initiative, Army Retirement Incentives

Briefing on Observations on the Office of Management and Budget’s Report on the Human Resources Line of Business Initiative, GAO-08-1163R, September 19, 2008 Military Personnel: Evaluation Methods Linked to Anticipated Outcomes Needed to Inform Decisions on Army Retirement Incentives, GAO-08-1037R, September 18, 2008

Subjects: E-Government, Government Documents

Report: Science and Technology for America's Progress: Ensuring the Best Presidential Appointments in the New Administration

“The importance of research in solving many of our national challenges, including economic ones, was emphasized today in a new report titled Science and Technology for America’s Progress: Ensuring the Best Presidential Appointments in the New Administration. The report, sent to John McCain and Barack Obama with guidance for whomever is elected president in November, …

Subjects: Government Documents, Knowledge Management

Bureau of Justice Statistics: Cybercrime Against Businesses, 2005

Cybercrime against Businesses, 2005: “Presents the nature and prevalence of computer security incidents among 7,818 businesses in 2005. This is the first report to provide data on monetary loss and system downtime resulting from cyber incidents. It examines details on types of offenders, reporting of incidents to law enforcement, reasons for not reporting incidents, types …

Subjects: Cybercrime, E-Government, Government Documents