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News release: “EPA will hold the first of two public hearings on Monday, May 18 regarding the agencys proposed findings that greenhouse gases contribute to air pollution that may endanger public health or welfare. The proposed findings identify six greenhouse gases that pose a potential threat.” More information on the proposed finding Related postings on …
“Late to arrive in the Northeast, the foreclosure crisis has swept through the New York region at an explosive pace in the past two years, destroying billions of dollars in housing wealth, according to a New York Times analysis of foreclosures filed since 2005 and federal mortgage data.” Mapping Foreclosures in the New York Region …
Financial Audit: Congressional Award Foundation’s Fiscal Years 2008 and 2007 Financial Statements, GAO-09-652, May 15, 2009 Military Housing Privatization: DOD Faces New Challenges Due to Significant Growth at Some Installations and Recent Turmoil in the Financial Markets, GAO-09-352, May 15, 2009
News release: “The U.S. Department of the Treasury today released results from its monthly bank lending survey for March with data from the top 21 recipients of government investments through the Capital Purchase Program (CPP). Overall, balance sheets continued to contract. Outstanding loan balances at these banks slipped 1 percent in March. The survey also …
Follow up to May 14, 2009 posting, FTC Files Suit to Stop Illegal Robocalls Pushing Vehicle Warranty Extensions” – “Today Judge John F. Grady of the United States District Court for the Northern District of Illinois issued a temporary restraining order stopping telemarketing company Voice Touch, Inc., its principals James and Maureen Dunne, its business …
Follow up to previous postings on Chrysler, this WSJ article, downloadable list, and graphic chart: “Chrysler will close one-quarter of its dealerships in the United States…see names, location details of the 789 dealers the embattled auto maker is seeking to drop from its retail network, according to documents filed Thursday with the U.S. Bankruptcy Court …
Depot Maintenance: Actions Needed to Identify and Establish Core Capability at Military Depots, GAO-09-83, May 14, 2009: “DOD, through its biennial core process, has not comprehensively and accurately assessed whether it has the required core capability to support fielded systems in military depots. Although DOD internally reported that its maintenance workload of 92.7 million hours …
News release: “With the Making Home Affordable (MHA) program delivering much-needed relief to homeowners and to our economy just over two months after the release of program guidelines, Treasury Secretary Tim Geithner and Housing and Urban Development (HUD) Secretary Shaun Donovan today provided an update on the program’s impact on stemming the housing crisis and …
News release: “The Federal Trade Commission is asking a federal court to shut down a telemarketing campaign that has been bombarding U.S. consumers with hundreds of millions of allegedly deceptive robocalls in an effort to sell them vehicle service contracts under the guise that they are extensions of original vehicle warranties. In two related complaints …
Audit Report: Material Loss Review of Freedom Bank, Bradenton, Florida, Posted May 12, 2009: “FB failed primarily due to bank managements aggressive pursuit of asset growth concentrated in high-risk CRE loans with inadequate loan underwriting and a lack of other loan portfolio and risk management controls. In addition, FB had a lending incentive compensation program …
News release: “Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee (JEC), and Senator Charles E. Schumer, Vice Chairman of the JEC, released a report showing unfair credit card practices are sending American families further into debt and undermining the economic recovery. The report, Vicious Cycle: How Unfair Credit Card Company Practices Are Squeezing …
News release: “Pool chemical injuries account for as many as 5,200 emergency room visits each year. A new study by the Centers for Disease Control and Prevention shows that these injuries are preventable, and during 2007 almost half of those injuries occurred at a residence. According to the study, published in CDC’s Morbidity and Mortality …
