New York Times: Deal Reached in Congress on $789 Billion Stimulus Plan – “The package of spending increases and tax relief, intended to spur an economic recovery and create jobs by putting money back in the pockets of consumers and companies, ended up smaller than either the House or Senate had proposed.” Will the $800… Continue Reading
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Monthly Archives: February 2009
New on LLRX.com: Six Questions and a Strategy for Campus-wide Information Competence
Six Questions and a Strategy for Campus-wide Information Competence. At Cornell University Library (CUL) a committee was established in 2005 to address the issue of information literacy at the university. The committee did extensive research on this topic and developed an approach for seeking solutions. Stuart Basefsky presents three exhibits to accomplish this objective. Continue Reading
Judiciary Cmte. Hearing: The Need for Increased Fraud Enforcement in the Wake of the Economic Downturn
February 11, 2009 – The Need for Increased Fraud Enforcement in the Wake of the Economic Downturn, John S. Pistole, Deputy Director, FBI, Before the Senate Judiciary Committee Hearing “Fraud Trends: The current financial crisis has produced one unexpected consequence: it has exposed prevalent fraud schemes that have been thriving in the global financial system.… Continue Reading
New GAO Reports: Weapon Systems Acquisition, FAA Reauthorization
Defense Management: Actions Needed to Overcome Long-standing Challenges with Weapon Systems Acquisition and Service Contract Management, GAO-09-362T, February 11, 2009: “Several underlying systemic problems at the strategic level and at the program level continue to contribute to poor weapon systems acquisition. The total acquisition cost of DODs 2007 portfolio of major programs has grown by… Continue Reading
Minneapolis Fed: Recession in Perspective
“This page places the current economic downturn into historical (post-WWII) perspective. It compares output and employment changes during the present recession with the same data for the 10 previous recessions that have occurred since 1946.” [Note: be sure to click links titled: Larger Image and View Data (xls)] See also Minneapolis Fed Forecasts Economic Downturn… Continue Reading
TARP Accountability Hearing: Use of Federal Assistance by the First TARP Recipients
House Financial Services Committee hearing entitled TARP Accountability: Use of Federal Assistance by the First TARP Recipients, February 11, 2009. The committee called on eight CEOs representing companies who received TARP money to testify. Witness List & Prepared Testimony: Lloyd C. Blankfein, Chief Executive Officer and Chairman, Goldman Sachs & Co. James Dimon, Chief Executive… Continue Reading
SEC Charges KBR and Halliburton for Foreign Corrupt Practices Act Violations
News release: “The Securities and Exchange Commission today announced settlements with KBR, Inc. and Halliburton Co. to resolve SEC charges that KBR subsidiary Kellogg Brown & Root LLC bribed Nigerian government officials over a 10-year period, in violation of the Foreign Corrupt Practices Act (FCPA), in order to obtain construction contracts. The SEC also charged… Continue Reading
Lloyds, Barclays, RBS and HSBC chiefs questioned
The Treasury Committee questions the heads of Lloyds, Barclays, RBS, Abbey and HSBC as part of its ongoing banking crisis inquiry Video and Audio: Lloyds, Barclays, RBS, Abbey and HSBC chiefs questioned Treasury Committee – see banking crisis page News: Former RBS and HBOS chiefs give evidence BBC: “The former bosses of the two biggest… Continue Reading
Free Searchable Database of Barack Obama Speeches – 2002-2009
askSam: “Search the full text transcripts of more than 200 speeches by United States President and former Senator, Barack Obama. Search keywords and phrases, search by speech title, speech date, or speech location in more than 200 Obama speeches.” Continue Reading
Side-By-Side Chart of Notable Differences Between Senate-Passed and House-Passed American Recovery and Reinvestment Act of 2009
Follow up to related postings on the American Recovery and Reinvestment Act of 2009, from the Senate Finance committee, this Side-By-Side Chart of Notable Differences Between the Senate-Passed and the House-Passed American Recovery and Reinvestment Act of 2009 Joint Committee on Taxation – Estimated Budget Effects Of The Revenue Provisions Contained In The American Recovery… Continue Reading
EIA Reports: Crude Oil, Energy Outlook, Petrol Supply, Crude Oil and Natural Gas Reserves
U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves 2007 Annual Report (02/10/2009): “National and State estimates of proved reserves of crude oil, natural gas, and natural gas liquids in the United States as of December 31, 2007.” OPEC Revenues Fact Sheet (02/10/2009): “Based on projections from the EIA February 2009 Short Term Energy… Continue Reading
Treasury Secretary Geithner Outlines Comprehensive Financial Stability
“On Tuesday, February 10, 2009 Treasury Secretary Timothy Geithner outlined a comprehensive plan to restore stability to our financial system. In the address, Secretary Geithner discussed the Obama Administrations strategy to strengthen our economy by getting credit flowing again to families and businesses, while imposing new measures and conditions to strengthen accountability, oversight and transparency… Continue Reading
