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News release: “The U.S. Treasury Department took steps today to encourage additional sources of mortgage finance and strengthen financial institutions by issuing Best Practices for Residential Covered Bonds…A covered bond is secured debt instrument that provides funding to a depository institution, collateralized by high-quality mortgage loans that remain on the issuer’s balance sheet. Covered bonds …
Telecommunications: Agencies Are Generally Following Sound Transition Planning Practices, and GSA Is Taking Action to Resolve Challenges, GAO-08-759, June 27, 2008 Tax Expenditures: Available Data Are Insufficient to Determine the Use and Impact of Indian Reservation Depreciation, GAO-08-731, June 26, 2008 Electronic Health Records: DOD and VA Have Increased Their Sharing of Health Information, but …
News release: “New Federal data showing further steep declines in the number of miles Americans are driving is additional proof that the country needs new means – other than the gas tax – to finance the nation’s transportation infrastructure, U.S. Secretary of Transportation Mary E. Peters said today…Secretary Peters said that Americans drove 9.6 billion …
Office of the Special Inspector General for Iraq Reconstruction (SIGIR): Comprehensive Plan Needed to Guide the Future of the Iraq Reconstruction Management System, July 25, 2008 “This report addresses the Iraq Reconstruction Management System. Public Law 108-106 created the $18.4 billion Iraq Relief and Reconstruction Fund (IRRF), and established a requirement for the IRRF-implementing agencies …
News release: “A year after the subprime market crisis erupted in the United States, triggering financial market turmoil around the world, global financial markets continue to be fragile and systemic risks remain elevated, the International Monetary Fund (IMF) said in its latest assessment.” Global Financial Stability Report, Market Update, July 28, 2008: “Global financial markets …
Follow up to July 8, 2008 posting, SEC Examinations Find Shortcomings in Credit Rating Agencies’ Practices and Disclosure to Investors, today’s article from the WSJ (requires subscription – letter to SEC linked below is available free): S&P Resists SEC Ratings Plan – “Standard & Poor’s Ratings Services pushed back against Securities and Exchange Commission proposals …
Office of the Special Inspector General for Iraq Reconstruction (SIGIR): Government of Iraq Increasingly Funding Iraqi Security Forces Infrastructure Development, but Substantial U.S. Support Remains, July 26, 2008 “A congressional committee raised concerns that significant U.S.-appropriated money from the Iraq Security Forces Fund (ISFF) continues to be spent on infrastructure projects related to developing the …
Follow up to postings on U.S. attorney firings, today’s release of a report by the DOJ OIG, An Investigation of Allegations of Politicized Hiring by Monica Goodling and Other Staff in the Office of the Attorney General, July 28, 2008 (124 pages, PDF) “This investigation examined allegations that Monica Goodling, who worked in the Office …
Office of the Special Inspector General for Iraq Reconstruction (SIGIR): Key Recurring Management Issues Identified in Audits of Iraq Reconstruction Efforts, July 27, 2008 “As of July 2008, the U.S. Congress had appropriated approximately $50 billion for all relief and reconstruction activities. As of July 31, 2008, SIGIR and its predecessor (CPA-IG) have issued 122 …
New York Times, July 28, 2008 – Worried Banks Sharply Reduce Business Loans Federal Reserve Board Current Survey: “The April 2008 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the supply of, and demand for, bank loans to businesses and households over the past three months.1 Special questions in the survey …
New York Times: Literacy Debate: Online, R U Really Reading?: “Few who believe in the potential of the Web deny the value of books. But they argue that it is unrealistic to expect all children to read To Kill a Mockingbird or Pride and Prejudice for fun. And those who prefer staring at a television …
Country Profile: Federal Republic of Nigeria, July 2008 Country Profile: United Mexican States, July 2008
