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Revisions to FHFAs House Price Index in the Recent National House Price Boom and Bust February 2010 “Each Federal Housing Finance Agency (FHFA) House Price Index (HPI) release revises previous estimates of house price appreciation contained in previous releases (Box A provides a primer on how FHFA estimates and revises the HPI). This paper examines …
News release: “Microsoft Corp. and the National Science Foundation (NSF) today announced an agreement that will offer individual researchers and research groups selected through NSF’s merit review process free access to advanced cloud computing resources. By extending the capabilities of powerful, easy-to-use PC applications via Microsoft cloud services, the program is designed to help broaden …
News release: “Corrupt foreign officials and their relatives have used gaps in U.S. law and the assistance of U.S. professionals to funnel millions of dollars in illicit money into the United States, an investigation by the Senates Permanent Subcommittee on Investigations has found…A 330-page bipartisan report released by Sen. Carl Levin, D-Mich., subcommittee chairman and …
News release: “The Federal Trade Commission today told the U.S. Senate Committee on Commerce, Science and Transportation that the agency has stepped up efforts to protect consumers affected by the economic downtown, and that additional authority would make the agency even more effective. The testimony presented by FTC Chairman Jon Leibowitz described the agencys efforts …
News release: “Attorney General Andrew M. Cuomo, joined by Special Inspector General for the Troubled Asset Relief Program Neil Barofsky, announced a lawsuit against Bank of America, its former CEO Kenneth D. Lewis, and its former CFO Joseph L. Price for duping shareholders and the federal government in order to complete a merger with Merrill …
Acting Director Edward J. DeMarco sent the following letter to Chairmen Frank and Dodd and Ranking Members Bachus and Shelby regarding the conservatorship of Fannie Mae and Freddie Mac. “The first part of the letter will review the establishment and purposes of the conservatorships, and how the conservatorships are operating. FHFA is focused on conserving …
Follow up to previous postings on government implementation of whole body scanning technology at airports, via EPIC: “The Office of Management and Budget has released the federal budget for fiscal year 2011. The budget proposes funding for several new surveillance initiatives, including over $700 million to the Department of Homeland Security for “Passenger Aviation Security“. …
Growing Americas Fuel An Innovation Approach to Achieving the Presidents Biofuels Target. Vision: “New jobs and greater economic vitality in rural America, increased energy independence, reduced economic vulnerability to volatile oil prices and uncertain supplies, technological and industrial leadership in renewable biofuels, and reduced global warming pollution all will be achieved by fulfilling the …
News release: “As part of President Obamas commitment to more effective and open government, the public can more quickly access federal regulations at Regulations.gov, thanks to comments received during the Regulations.gov Exchange online forum held last year. Regulations.gov provides one-stop public access to information related to current and forthcoming regulations issued by the federal government. …
Better Use of Terrorist Watchlist Information and Improvements in Deployment of Passenger Checkpoint Technologies Could Further Strengthen Security, GAO-10-401T, January 27, 2010 “The intelligence community uses standards of reasonableness to evaluate individuals for nomination to the consolidated terrorist watchlist. In making these determinations, agencies are to consider information from all available sources. However, for the …
The Department of Homeland Security delivered to Congress the Quadrennial Homeland Security Review (QHSR) Report, A Strategic Framework for a Secure Homeland, Februaru 10, 2010 on February 1, 2010. The QHSR outlines the strategic framework to guide the activities of participants in homeland security toward a common end. “The purpose of the first-ever Quadrennial Homeland …
Correlation in Credit Risk, Xiaoling Pu, Xinlei Zhao. Office of the Comptroller of the Currency, Economics Working Paper 2009-5, February 2, 2010. “Abstract: We examine the correlation in credit risk using credit default swap (CDS) data. We find that the observable risk factors at the firm, industry, and market levels and the macroeconomic variables cannot …
