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Author Archives: Sabrina I. Pacifici

Protecting Classified Information and the Rights of Criminal Defendants: The Classified Information Procedures Act

Protecting Classified Information and the Rights of Criminal Defendants: The Classified Information Procedures Act, Edward C. Liu, Legislative Attorney; Todd Garvey, Legislative Attorney – April 2, 2012 “The Classified Information Procedures Act (CIPA) provides criminal procedures that permit a trial judge to rule on the relevance or admissibility of classified information in a secure setting.… Continue Reading

EPIC: Facebook Offers Revised “Download Your Information” Option

EPIC: “The New York Times reported that Facebook would provide users with a downloadable archive containing many types of data that the company stores about users. Although the new archive contains more user information than Facebook first offered in 2010, Max Schrems, the German law student and founder of Europe v. Facebook, said that Facebook… Continue Reading

FTC Orders Alcoholic Beverage Manufacturers to Provide Data for Agency's Fourth Major Study on Alcohol Advertising

News release: “The Federal Trade Commission has required 14 major alcoholic beverage advertisers to provide information for the agency’s fourth major study on the effectiveness of voluntary industry guidelines for reducing advertising and marketing to underage audiences by beer, wine, and distilled spirits manufacturers. For the first time, the agency will request information on Internet… Continue Reading

New GAO Reports: Crop Insurance, Defense Health Care, Export Promotion, USPS

Crop Insurance – Savings Would Result from Program Changes and Greater Use of Data Mining, GAO-12-256, Mar 13, 2012 Defense Health Care, Applying Key Management Practices Should Help Achieve Efficiencies within the Military Health System, GAO-12-224, Apr 12, 2012 Export Promotion – The Export-Import Bank’s Financing of Dual-Use Exports, GAO-12-628R, Apr 12, 2012 U.S. Postal… Continue Reading

Peer review of supervisory authorities' implementation of stress testing principles

Peer review of supervisory authorities’ implementation of stress testing principles, April 2012 “Stress testing is an important tool used by banks to identify the potential for unexpected adverse outcomes across a range of risks and scenarios. In 2009, the Committee reviewed the performance of stress testing practices during the financial crisis and published recommendations for… Continue Reading

The Wealth Report 2012 – A Gobal Perspective on Prime Property and Wealth

The Wealth Report 2012, Knight Frank, April 2012 “Never before have wealth creation, economic risk and politics been so closely intertwined with the performance of prime residential and commercial property markets. Drawing on insight from Knight Frank, Citi Private Bank and other leading commentators, The Wealth Report 2012 pulls together all these strands and explains… Continue Reading

Rapid credit growth and international credit: Challenges for Asia

Rapid credit growth and international credit: Challenges for Asia by Stefan Avdjiev, Robert N. McCauley and Patrick McGuire, Bank for International Settlements. Working Papers No 377, April 2012 “Very low interest rates in major currencies have raised concerns over international credit flows to robustly growing economies in Asia. This paper examines three components of international… Continue Reading

How Important Is Asset Allocation to Financial Security in Retirement?

How Important Is Asset Allocation to Financial Security in Retirement? by Alicia H. Munnell, Natalia Sergeyevna Orlova, Anthony Webb – Center for Retirement Research, Boston College “Financial advice tends to focus on financial assets, but other levers may be more important for most households. This paper proceeds in three stages. The first section reports a… Continue Reading

DOJ Files Lawsuits Against Apple and Publishers Over E-Book Pricing

News release: “In recent years, we have seen the rapid growth – and the many benefits – of electronic books. E-books are transforming our daily lives, and improving how information and content is shared. For the growing number of Americans who want to take advantage of this new technology, the Department of Justice is committed… Continue Reading

Federal Reserve Beige Book, April 11, 2012

Summary of Commentary on Current Economic Conditions by Federal Reserve Districts, April 2012 “Reports from the twelve Federal Reserve Districts indicated that the economy continued to expand at a modest to moderate pace from mid-February through late March. Activity in the Boston, Atlanta, Chicago, Dallas, and San Francisco Districts grew at a moderate pace, while… Continue Reading

Two New CRS Reports on Hydraulic Fracturing

Hydraulic Fracturing and Safe Drinking Water Act Issues, Mary Tieman, Specialist in Environmental Policy; Adam Vann, Legislative Attorney – April 10, 2012: “Its application, along with horizontal drilling, for production of natural gas (methane) from coal beds, tight gas sands, and, more recently, from unconventional shale formations, has resulted in the marked expansion of estimated… Continue Reading