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Remarks by the Vice President on the 200 Days of the American Recovery and Reinvestment Act: “First, we had to stabilize the financial system. We took the unpopular but necessary step of rescuing the banks. And now, although there’s a long way to go, eight out of 10 of the largest financial institutions in America …
“The American work force is graying — and not just because the American population itself is graying. Older adults are staying in the labor force longer, and younger adults are staying out of it longer. Both trends took shape about two decades ago. Both have intensified during the current recession. And both are expected to …
“The global regulatory framework failed to prevent the build-up of risk in the financial system in the years leading up to the recent financial crisis. The sources of this failure were manifold, including insufficient capital and liquidity requirements for banking firms; inadequate and fragmented supervision and regulation of bank and non-bank financial firms that posed …
News release: “Representatives from the Forum which now numbers almost 90 jurisdictions around the world and a host of International Organisations gathering in Mexico, took concrete steps to empower the Global Forum to play the leading role in the global campaign to fight tax evasion. Building on the extraordinary progress made in the last few …
Report of Investigation, United States Securites and Exchange Commission Office of Inspector General, Case No. OIG-509 Investigation of Failure of the SEC To Uncover Bernard Madoff’s Ponzi Scheme, August 31, 2009. Executive Summary: “The OIG investigation did not find evidence that any SEC personnel who worked on an SEC examination or investigation of Bernard L. …
News release: ” American pharmaceutical giant Pfizer Inc. and its subsidiary Pharmacia & Upjohn Company Inc. (hereinafter together “Pfizer”) have agreed to pay $2.3 billion, the largest health care fraud settlement in the history of the Department of Justice, to resolve criminal and civil liability arising from the illegal promotion of certain pharmaceutical products, the …
Criminal Victimization, 2008 – “Presents the annual estimates of rates and levels of personal and property victimization and describes the year-to-year change from 2007 as well as trends for the ten-year period from 1999 through 2008. The National Crime Victimization Survey (NCVS) collects information on nonfatal crimes, reported and not reported to the police, against …
Fast-Forward: Key Issues in Modernizing the U.S. Freight Transportation System for Future Economic Growth, by Richard Hillestad et al. “Efficient movement of freight within the United States and across its borders is a critical enabler of future U.S. economic growth. The authors discuss the role of the freight-transportation system in the supply chains of various …
News release: “The Pension Benefit Guaranty Corporation (PBGC) released the Pension Insurance Data Book 2008, which offers information on statistical trends related to defined benefit retirement plans in the private sector.”
SEC OIG: The SECs Role Regarding and Oversight of Nationally Recognized Statistical Rating Organizations (NRSROs), Public Version, August 27, 2009. “The Nationally Recognized Statistical Rating Organizations (NRSRO), which are credit rating agencies that have been approved by the Commission, may have played a critical role in the current economic crisis and have been criticized in …
Department of Defense Contractors in Iraq and Afghanistan: Background and Analysis, Moshe Schwartz, Specialist in Defense Acquisition – August 13, 2009 “The Department of Defense (DOD) increasingly relies upon contractors to support operations in Iraq and Afghanistan, which has resulted in a DOD workforce in those countries comprising approximately an equal number of contractors (200,000) …
News release: “In the United States, 16.3 percent of children and adolescents between the ages of two and 19 are obese. The prevalence of obesity is so high that it may reduce the life expectancy of todays generation of children and diminish the overall quality of their lives. While parents and other adult caregivers play …
