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Daily Archives: September 22, 2008

Board announces the approval of a policy statement on equity investments in banks and bank holding companies

“The Federal Reserve Board on Monday announced the approval of a policy statement on equity investments in banks and bank holding companies. The policy statement provides additional guidance on the Board’s position on minority equity investments in banks and bank holding companies that generally do not constitute “control” for purposes of the Bank Holding Company Act.”

  • Related postings on financial system
  • New GAO Reports: Combating Nuclear Smuggling, NATO Enlargement, Secure Border Initiative

    Combating Nuclear Smuggling: DHS’s Program to Procure and Deploy Advanced Radiation Detection Portal Monitors Is Likely to Exceed the Department’s Previous Cost Estimates, GAO-08-1108R, September 22, 2008 Information Technology: Treasury Needs to Better Define and Implement Its Earned Value Management Policy, GAO-08-951, September 22, 2008 NATO Enlargement: Reports on Albania and Croatia Respond to Senate… Continue Reading

    Court Orders VP Cheney to Preserve Documents in Citizens Group Lawsuit

    Follow up on postings related to the White House visitor logs, this news release: “U.S. District Court Judge Colleen Kollar-Kotelly issued a preliminary injunction in CREW, et al. v. Cheney et al., requiring Vice President Cheney, the Office of the Vice President, the Executive Office of the President, that archivist and the National Archives and… Continue Reading