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FDIC Quarterly Banking Profile, Second Quarter 2009: The Industry Posts a Net Loss for the Quarter Burdened by costs associated with rising levels of troubled loans and falling asset values, FDIC-insured commercial banks and savings institutions reported an aggregate net loss of $3.7 billion in the second quarter of 2009. Increased expenses for bad loans …
2008 State Snapshots – “The State Snapshots provide State-specific health care quality information, including strengths, weaknesses, and opportunities for improvement. The goal is to help State officials and their public- and private-sector partners better understand health care quality and disparities in their State. State-level information used to create the State Snapshots is based on data …
News release: “Labor productivity (output per hour) declined in wholesale trade, retail trade, and food services and drinking places in 2008. Productivity fell in 26 of the 50 detailed industries studied. Unit labor costs rose in 29 detailed industries, and increased in all three sectors in 2008.” Related postings on financial system
News release: “Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate net loss of $3.7 billion in the second quarter of 2009, a decline of $8.5 billion from the $4.8 billion in profits the industry reported in the second quarter of 2008. Insured institutions earned $424 million in …
News release: “HHS Secretary Kathleen Sebelius today issued a new report, Americas Seniors and Health Insurance Reform: Protecting Coverage and Strengthening Medicare. The report highlights the problems with the status quo that leave seniors paying escalating costs for their health care while outlining how health insurance reform will strengthen Medicare and protect coverage for seniors. …
Release release includes highlights, technical note, and associated tables: “Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 1.0 percent in the second quarter of 2009, (that is, from the first quarter to the second quarter), …
News release: “The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less increased 19 basis points to 5.31 percent in July. The average interest rate on 15-year, fixed-rate loans of $417,000 or less increased 9 basis points to 4.89 percent in July. These …
News release: “The Department of Homeland Security (DHS) and the Information Technology Sector Coordinating Council (IT SCC) today released the IT Sector Baseline Risk Assessment (ITSRA) to identify and prioritize national-level risks to critical sector-wide IT functions while outlining strategies to mitigate those risks and enhance national and economic security…The ITSRA validates the resiliency of …
OIG-09-64 – Role of the No Fly and Selectee Lists in Securing Commercial Aviation (PDF, 63 pages] Redacted, July 2009. “Although the use of the No Fly and Selectee lists is largely successful in identifying potential terrorists who could threaten commercial aviation, some individuals not included on the lists may also present vulnerabilities to aviation …
“Welcome to our new website! As the Executive Director of the Council [Valerie Jarrett], Im very excited to launch this site as we commemorate Womens Equality Day on August 26. On this day when we remember the bravery and struggles that won women the right to vote, we are very pleased to add this website …
News release: “The CARS program came to a close Tuesday night with nearly 700,000 clunkers taken off the roads, replaced by far more fuel efficient vehicles. Rebate applications worth $2.877 billion were submitted by the 8 p.m. deadline, under the $3 billion provided by Congress to run the program. Cars made in America topped the …
News release: “The FDIC Board today adopted a final Statement of Policy on the Acquisition of Failed Insured Depository Institutions. This policy statement provides guidance to investors interested in acquiring or investing in the deposit liabilities of failed banks or thrifts about the standards they will be expected to meet in order to qualify to …
