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Daily Archives: January 19, 2009

Report: Unemployment Will Rise in Metro Areas in 2009

The United States Conference of Mayors – American Recovery and Reinvestment: The Role of Metro Areas, January 17, 2009

  • “The U.S. economy enters 2009 in crisis. The financial system meltdown of last Fall is unresolved. The economy is now in a deep recession, with all industries and regions suffering. A new administration is taking office with the promise of shoring up our economy, and is poised to propose unprecedented initiatives to do so. In this report we examine the state and fate of metro economies as we begin 2009, and discuss factors policy makers should
    consider as recovery plans relate to metro economies. We conclude that the Recovery and Reinvestment plan can best achieve its goal of jump-starting the economy and setting the stage for strong future economic expansion by explicitly targeting metro areas.”

  • Related postings on financial system
  • GPO's Federal Digital System Replacing GPO Access

    “GPO’s Federal Digital System (FDsys) provides public access to government information submitted by Congress and Federal agencies and preserved as technology changes. The migration of information from GPO Access into FDsys will be complete in mid-2009. The migration is occurring on a collection-by-collection basis. Collections currently available on FDsys are: Compilation of Presidential Documents (1993… Continue Reading

    Treasury Issues Additional Executive Compensation Rules Under TARP

    News release: “The U.S. Department of the Treasury issued interim final rules for reporting and recordkeeping requirements under the executive compensation standards of the Troubled Asset Relief Program’s (TARP) Capital Purchase Program (CPP). The new rule issued requires the chief executive officer (CEO) to certify annually within 135 days after the financial institution’s fiscal year… Continue Reading

    Treasury Announces TARP Investments in Chrysler Financial

    News release: “The Treasury Department today announced that it will make a $1.5 billion loan to a special purpose entity created by Chrysler Financial to finance the extension of new consumer auto loans as part of a broader program to assist the domestic automotive industry in becoming financially viable.” Automotive Industry Financing Program Chrysler LB… Continue Reading

    U.S. Labor Department finalizes rule on investment advice for 401(k) plans and IRAs

    News release: “The U.S. Department of Labor announced publication of a final rule to make investment advice more accessible for millions of Americans in 401(k) type plans and individual retirement accounts (IRAs). The final rule will be published in the Jan. 21, 2009, edition of the Federal Register. The rule includes a regulation that implements… Continue Reading

    Watch the Swearing-in Ceremony on the Web

    Presidential Inaugural Committee: “Don’t miss it when Barack Obama takes the Oath of Office next Tuesday, January 20th. As part of our commitment to making this the most open inauguration in history, we’ll be streaming the swearing-in ceremony on our site using Microsoft’s Silverlight. You can view high quality Silverlight streams, in full screen, and… Continue Reading

    NIST: Guide to Protecting the Confidentiality of Personally Identifiable Information

    Guide to Protecting the Confidentiality of Personally Identifiable Information (PII) (Draft), Recommendations of the National Institute of Standards and Technology, January 13, 2009. “Breaches of personally identifiable information (PII) have increased dramatically over the past few years and have resulted in the loss of millions of records. Breaches of PII are hazardous to both individuals… Continue Reading