Statement on Golden Parachute Payments: “September 14, 2008 – the Federal Housing Finance Agency notified former Fannie Mae Chief Executive Officer Daniel Mudd and former Freddie Mac Chief Executive Officer Richard Syron that golden parachute payments contemplated under their contracts [[$10 million and $15 million respectively] would not be paid. The Agency, serving as conservator,… Continue Reading
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Monthly Archives: September 2008
State Statutes of Limitation for Credit Card Debt
State statutes of limitation for credit card debt – Collectors have a limited time to file lawsuits over unpaid card debts, by Emily Starbuck Gerson and Connie Prater: “CreditCards.com compiled a state-by-state listing of credit card debt statutes of limitations. Click on a state; more information will appear below the map…The chart is current as… Continue Reading
Congress Passes ADA Amendments Act
From the CRS summary of S. 3406, passed by the Senate on September 11, 2008: “ADA Amendments Act of 2008 – (Sec. 4) Amends the Americans with Disabilities Act of 1990 (ADA) to redefine the term “disability,” including by defining “major life activities” and “being regarded as having such an impairment.” Sets forth rules of… Continue Reading
An Economic Model to Estimate the Profits Resulting from the Employment of Illegal Aliens
An Economic Model to Estimate the Profits Resulting from the Employment of Illegal Aliens [and Decision-Support Tool – Java 1.5 or later required], by Claude Berrebi, Stephen J. Carroll, Jeffrey Sullivan “The employment of illegal aliens is a crime in the United States, and federal law provides for forfeiture of the proceeds from this offense.… Continue Reading
Rand: Meeting America's Security Challenges Beyond Iraq: A Conference Report
Meeting America’s Security Challenges Beyond Iraq – A Conference Report, by Sarah Harting “On December 4, 2007, the RAND Corporation and the Center for Naval Analyses Corporation cohosted a conference at which members of the U.S. defense community discussed approaches to meeting the challenges of a demanding future security environment. Conferees broadly agreed on the… Continue Reading
SEC Investor Alert – 401(k) Debit Cards: What You Might Not Know
SEC Fact Sheet: “A number of companies are beginning to offer a 401(k) debit card to employees who invest in 401(k) retirement programs. A 401(k) debit card allows you to borrow up to $50,000 or 50% of the value of your retirement plan, whichever is less, through use of a debit card. Unlike a debit… Continue Reading
DOJ OIG Audit of ATF Controls Over Its Weapons, Laptop Computers
The Bureau of Alcohol, Tobacco, Firearms and Explosives Controls Over Its Weapons, Laptop Computers, and Other Sensitive Property, Audit Report 08-29, September 2008 (142 pages, PDF) Continue Reading
DOD IG Audit: Approval Process, Tracking, and Financial Management of DoD Disaster Relief Efforts
D-2008-130 Approval Process, Tracking, and Financial Management of DoD Disaster Relief Efforts, September 17, 2008 (Project No. D2007-D000CG-0117.000) “DoD provided disaster relief through 121 Federal Emergency Management Agency mission assignments totaling more than $2 billion. DoD has taken several steps to improve the overall mission assignment process. Despite notable improvements, DoD continues to have issues… Continue Reading
OMB Releases Annual Program Assessment Rating Tool Results for Federal Agencies
News release: “The Office of Management and Budget (OMB) today released the annual Program Assessment Rating Tool (PART) results for Federal agencies. New this year, agencies have added summary and detailed plans of how they are addressing the GAO High Risk issues. To further increase transparency and create a web archive of ExpectMore.gov, this release… Continue Reading
New GAO Reports: Electronic Waste, Health Information Technology, Digital Television Transition, Stabilizing and Rebuilding Iraq
Electronic Waste: EPA Needs to Better Control Harmful U.S. Exports through Stronger Enforcement and More Comprehensive Regulation, GAO-08-1044, August 28, 2008 Electronic Waste: Harmful U.S. Exports Flow Virtually Unrestricted Because of Minimal EPA Enforcement and Narrow Regulation, GAO-08-1166T, September 17, 2008 Health Information Technology: HHS Has Taken Important Steps to Address Privacy Principles and Challenges,… Continue Reading
SEC Issues New Rules to Protect Investors Against Naked Short Selling Abuses
News release: “The Securities and Exchange Commission today took several coordinated actions to strengthen investor protections against “naked” short selling. The Commission’s actions will apply to the securities of all public companies, including all companies in the financial sector.” New Short Selling Rules and related postings Related postings on financial system Continue Reading
GovExec: Comparing McCain, Obama Positions on Key Federal Issues
Via Government Executive: “… summary of where each [candidate] stands on issues of importance to government workers…” [thanks TM] See also: “this side-by-side comparison of the candidates’ positions on health care was prepared by the Kaiser Family Foundation with the assistance of Health Policy Alternatives, Inc. and is based on information appearing on the candidates’… Continue Reading
