Category «Economy»

Paper – Corporate Espionage Against Nonprofit Organizations

Spooky Business: Corporate Espionage Against Nonprofit Organizations, by Gary Ruskin, November 20, 2013 “Many different types of nonprofits have been targeted with espionage, including environmental, anti-war, public interest, consumer, food safety, pesticide reform, nursing home reform, gun control, social justice, animal rights and arms control groups. Corporations have been linked to a wide variety of espionage tactics. The most prevalent tactic …

Subjects: Civil Liberties, Congress, Cybercrime, Defense, Economy, Financial System, Internet, Knowledge Management, Legal Research, Privacy

Global Corruption: The 2013 Index by Transparency International

“Transparency International’s Corruption Perceptions Index 2013 offers a warning that the abuse of power, secret dealings and bribery continue to ravage societies around the world. More than two thirds of the 177 countries in the 2013 index score below 50, on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be …

Subjects: Censorship, Civil Liberties, Cybercrime, Defense, Economy, Financial System, Government Documents, Internet, Knowledge Management

The FDIC’s Progress in Implementing Systemic Resolution Authorities under Dodd-Frank Act

FDIC Office of Audits and Evaluations Report No. AUD-14-001 – The FDIC’s Progress in Implementing Systemic Resolution Authorities under the Dodd-Frank Act, November 2013. “The Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) created a comprehensive new regulatory and resolution framework designed to avoid the severe consequences of financial instability. Among other things, the Dodd-Frank Act gave the FDIC broad …

Subjects: Congress, Economy, Financial System, Government Documents, Legislation

CFPB to Oversee Nonbank Student Loan Servicers

News release: “The Consumer Financial Protection Bureau (CFPB) issued a rule today that allows the Bureau to supervise certain nonbank student loan servicers for the first time. The rule brings new oversight to the nation’s second largest consumer debt market – student loans – which have seen a rise in borrower delinquency in recent years. “Student …

Subjects: Economy, Education, Financial System, Government Documents

International Review of OCC’s Supervision of Large and Midsize Banks

An International Review of OCC’s Supervision of Large and Midsize Banks, Recommendations to Improve Supervisor Effectiveness. December 4, 2013. “The U.S. financial supervisory system in which the OCC operates is complicated. Commercial banks in the United States, particularly the large complex institutions, may be subject to multiple supervisory agencies including the Federal Reserve Board and district Federal Reserve …

Subjects: Economy, Financial System, Knowledge Management

McKinsey – Maximizing the potential of resource-driven economies

Reverse the curse: Maximizing the potential of resource-driven economies, by Richard Dobbs, Jeremy Oppenheim, Adam Kendall, Fraser Thompson, Martin Bratt, and Fransje van der Marel. December 2013 “Rising resource prices and expanded production have raised the number of countries where the resource sector represents a major share of the economy, from 58 in 1995 to 81 …

Subjects: Economy, Financial System, Government Documents

Trickle-Down Economics and Broken Promises

How Inequality Is Holding Back Our Economy By Ben Olinsky and Asher Mayerson | December 4, 2013 “For more than 30 years, conservative politicians have tried to sell Americans on the notion that giving tax cuts to the wealthy will spur economic growth and job creation, generating broad-based economic prosperity. Their marketing of this “trickle-down economics” has been successful: After decades of …

Subjects: Congress, Economy, Financial System, Government Documents

Gallup – Nearly Half of Younger Southern Europeans Underemployed

Steve Crabtree and Anita Pugliese: “The scarcity of good jobs has been one of the most troubling aspects of the economic crisis facing southern Europe, particularly for younger people with little job experience. In 2013, nearly half of 15- to 29-year-olds in six southern European countries are underemployed — meaning they are either unemployed or …

Subjects: Economy, Education, Financial System, Government Documents

Assessing the Adequacy of CCPs’ Default Resources

Cumming, Fergus and Noss, Joseph, Assessing the Adequacy of CCPs’ Default Resources (November 15, 2013). Bank of England Financial Stability Paper No. 26. Available at SSRN “Central counterparties (CCPs) maintain financial resources that can absorb losses in the event of their members defaulting. These include initial margin collected from members and default funds designed to …

Subjects: Economy, Financial System