Congressional Budget Office: H.R. 1, American Recovery and Reinvestment Act of 2009, February 9, 2009. Cost estimate for an amendment in the nature of a substitute by Senator Reid for Senators Nelson and Collins, February 7, 2009.
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Daily Archives: February 9, 2009
New GAO Reports: Baby Boom Retirement Challenges, Private-Sector Airport Screening
Social Security Administration: Service Delivery Plan Needed to Address Baby Boom Retirement Challenges, GAO-09-24, January 09, 2008 Aviation Security: TSA’s Cost and Performance Study of Private-Sector Airport Screening, GAO-09-27R, January 09, 2009 Continue Reading
Federal Reserve releases additional terms and conditions of the Term Asset-Backed Securities Loan Facility
News release: “The Federal Reserve Board on Friday released additional terms and conditions–including loan rates and collateral haircuts–of the Term Asset-Backed Securities Loan Facility (TALF). The additions were determined after further analysis and consultation with issuers, investors, and dealers in asset-backed securities (ABS). The new terms and conditions also include a revised definition of eligible… Continue Reading
SBA Quarterly Indicators: The Economy and Small Business
Quarterly Indicators: The Economy and Small Business, 4th Quarter 2008, Released February 2009 “Provides recent monthly and quarterly data from a wide variety of sources relevant to small businesses. Economic activity of small firms is examined at the national level.” Continue Reading
Federal Housing Finance Agency Releases November Foreclosure Prevention Report
News release: “James B. Lockhart, Director of the Federal Housing Finance Agency today released the November monthly Foreclosure Prevention Report, which provides comprehensive monthly data on the loss mitigation efforts of Fannie Mae and Freddie Mac as well as information on delinquencies, foreclosures initiated and foreclosures completed. Loan modifications for October and November, which were… Continue Reading
Federal Housing Finance Agency Director's Speech to American Securitization Forum
American Securitization Forum Speech, Las Vegas, Nevada, February 9, 2009, James B. Lockhart III, Director, Federal Housing Finance Agency “The biggest challenge we face is the stabilization of the housing market. Declining prices will demand continued concentrated action by the public sector, including the new Obama Administration and its Treasury Department, the Federal Reserve, the… Continue Reading
Conference Board Employment Trends Index (ETI) Continues to Decline Sharply
News release: “The Conference Board Employment Trends Index (ETI) fell further in January. The index now stands at 96.6, down 1.0 percent from the December revised figure of 97.5, and down 18.6 percent from a year ago. The Employment Trends Index has recently been declining faster than at any time since the 1974 recession, said… Continue Reading
AARP: A New Perspective on Saving for Retirement Research Report
A New Perspective on “Saving” for Retirement, Research Report, February 2009: “The concepts of “saving” and “wealth” are examined in this AARP Public Policy Institute Insight on the Issues. Author John Gist explains how our standard measure of saving provides little insight into household retirement wealth accumulation and draws implications for understanding retirement preparation.” Continue Reading
SEC Litigation: Bernard L. Madoff and Bernard L. Madoff Investment Securities LLC
News release: “The United States Securities and Exchange Commission announced that on February 9, 2009, it submitted to the Honorable Judge Louis L. Stanton, a federal judge in the Southern District of New York, the consent of Bernard L. Madoff to a proposed partial judgment imposing a permanent injunction and continuing relief previously imposed in… Continue Reading
Social Security Administration – Income of the Population 55 or Older, 2006
Income of the Population 55 or Older, 2006 (released February 2009) “This report provides a broad income picture of a cross section of the population aged 55 or older, with special emphasis on income of the population aged 65 or older. The tabulations focus on the major sources and amounts of income in 2006, both… Continue Reading
