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Market Tantrums and Monetary Policy, Michael Feroli, Anil K Kashyap, Kermit Schoenholtz, and Hyun Song Shin, February 2014 Conference Draft – released February 28, 2014. “The Initiative on Global Markets conference began with this year’s report “Market Tantrums and Monetary Policy,” written by Michael Feroli (JP Morgan Chase), Anil Kashyap (Chicago Booth), Kim Schoenholtz (NYU) and Hyun Song Shin (Princeton).”
News release: “Identity theft continues to top the Federal Trade Commission’s national ranking of consumer complaints, and American consumers reported losing over $1.6 billion to fraud overall in 2013, according to the FTC’s annual report on consumer complaints released today. “Americans of all ages are vulnerable to identity theft, and it remains the most common consumer …
CRITICAL INFRASTRUCTURE PROTECTION: Observations on DHS Efforts to Identify, Prioritize, Assess, and Inspect Chemical Facilities, GAO-14-365T: Published: Feb 27, 2014. Publicly Released: Feb 27, 2014. DEFENSE TRANSPORTATION: DOD Can Better Ensure That Federal Agencies Fully Reimburse for Using Military Aircraft, GAO-14-189: Published: Feb 27, 2014. Publicly Released: Feb 27, 2014. ELECTRONIC HEALTH RECORDS: VA and DOD Need to Support Cost and …
The Atlantic – Svati Kirsten Narula: “On Saturday, he spent five hours handing out flyers on the street and talking to people about the library—specifically, the NYPL’s plan to renovate the main branch and sell two other branches, which Zadrozny thinks will be “a disaster.” He was recruiting participants for the “work-in” protests he’s started organizing on behalf of the grassroots Committee …
Fox, Edward G. and Fox, Merritt B. and Gilson, Ronald J., Economic Crisis and Share Price Unpredictability: Reasons and Implications (February 19, 2014). Columbia Law and Economics Working Paper No. 468; Stanford Law and Economics Olin Working Paper Forthcoming; ECGI – Law Working Paper Forthcoming. Available at SSRN: http://ssrn.com/abstract=2401712 “During the recent financial crisis, there …
Report by the Permanent Subcommittee on Investigations (PSI) of the United States Senate, Majority and Minority Staff, February 26, 2014: Offshore Tax Evasion: The Effort To Collect Unpaid Taxes On Billions In Hidden Offshore Accounts. “…On the negative side of the ledger, despite evidence of widespread misconduct by Swiss banks in facilitating U.S. tax evasion, Switzerland has …
U.S. PIRG – Closing the Billion Dollar Loophole – How States Are Reclaiming Revenue Lost to Offshore Tax Havens: “Every year, corporations use complicated gimmicks to shift U.S. earnings to subsidiaries in offshore tax havens – countries with minimal or no taxes – in order to reduce their state and federal income tax liability by billions of dollars. …
INFORMATION TECHNOLOGY: Leveraging Best Practices and Reform Initiatives Can Help Defense Manage Major Investments, GAO-14-400T: Published: Feb 26, 2014. Publicly Released: Feb 26, 2014: “The federal government reportedly plans to spend at least $82 billion on IT in fiscal year 2014. Of that, Defense plans to spend over $39 billion—$5.5 billion on classified systems, $9 billion on acquisitions, …
Tim Alberta writes in a new series in the National Journal: “It started as a school project for Veronika Scott, who at age 20 was studying design downtown at the College for Creative Studies. One of Scott’s professors challenged students to create a design that would meet people’s “needs” instead of just following “trends.” So, Scott, a …
“As part of its engagement with the business community, the New York Fed’s Outreach Team surveys small firms twice a year about their financing and credit needs. Responses to the Small Business Credit Survey provide insight into the dynamics behind aggregate lending trends. The survey probes firms’ credit application decisions, strategies for obtaining credit or …
“The Federal Reserve Board on Tuesday announced that results from the latest supervisory stress tests conducted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act will be released on Thursday, March 20, and the related results from the Comprehensive Capital Analysis and Review, or CCAR, will be released on Wednesday, March 26. …
William C. Dudley, President and Chief Executive Officer, Remarks at the Tenth Asia-Pacific High Level Meeting on Banking Supervision, Auckland, New Zealand. “Today, I am going to talk about the challenges that face us in ensuring stability in the global financial system. While we have made considerable progress in strengthening the financial system—for example, large global …
