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Daily Archives: March 18, 2009

Department of Labor guidance for employment and training programs under Recovery Act

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News release: “The U.S. Department of Labor today issued policy guidance to states and outlying areas for the implementation of American Recovery and Reinvestment Act of 2009 (ARRA) investments in core employment and training programs. This critical investment of $3,514,500,000 in the nation’s workforce system and network of One-Stop Career Centers is intended to help unemployed Americans upgrade their skills and get back to work.”

Employment and Training Administration: “To better serve the workforce system and its efforts to support green jobs and the American Recovery and Reinvestment Act, ETA has developed a draft green jobs framework for action. The framework identifies the foundational and operational elements required for serving the needs of the workforce system and its customers. It is designed to promote the development of new and existing green jobs, and hasten widespread employment in green careers across several industry sectors.

New Jersey Files Suit Against Executives and Directors of Lehman Brothers

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News release – New Jersey Files Suit Against Executives and Directors of Lehman Brothers. Eight-count complaint charges company misrepresentations led to state losing millions on stock investments in 2008. “With this suit we intend to hold Lehman executives and directors accountable for the fraud and misrepresentation that caused more than $100 million in losses to… Continue Reading

VP Biden Annnounces Release of Nearly $100 Million in Recovery Act Funding to Support Senior Nutrition Programs

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News release: “Vice President Joe Biden announced today that the Department of Health and Human Services will award $100 million in Recovery Act funding to provide meals to tens of thousands of low-income older Americans in need. The funding is expected to provide nearly 14 million meals nationwide…The [American Recovery and Reinvestment Act of 2009]… Continue Reading

New GAO Reports: DOD Weapon System Acquisitions, Assistance Provided to AIG, TSA's Progress

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Defense Acquisitions: DOD Must Prioritize Its Weapon System Acquisitions and Balance Them with Available Resources, GAO-09-501T, March 18, 2009 Federal Financial Assistance: Preliminary Observations on Assistance Provided to AIG, GAO-09-490T, March 18, 2009 Aviation Security: Preliminary Observations on TSA’s Progress and Challenges in Meeting the Statutory Mandate for Screeining Air Cargo on Passenger Aircraft. GAO-09-422T,… Continue Reading

New Survey: Three Out of Five Employers Maintain 401(k) Match Despite Economic Crisis

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News release: “Seven in ten eligible employees participated in 401(k) plans in 2008: A new survey of employers released by WorldatWork and the American Benefits Council, Trends in 401(k) Plans, presented today at a National Press Club Newsmakers press conference in Washington, DC, finds that the financial crisis has not significantly discouraged 401(k) contributions or… Continue Reading

April 17 Public Hearing in Washington, DC to Focus on Intellectual Property

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News release: “The Federal Trade Commission announced the fourth in a series of public hearings exploring the evolving market for intellectual property. These hearings, to be held April 17, 2009, in Washington, DC, will explore how corporations, inventors, and patent intermediaries value and monetize patents, strategies for buying and selling patents, and the role of… Continue Reading

Federal Open Market Committee Statement

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News release: “Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending. Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and… Continue Reading

Eleventh Periodic Mortgage Fraud Case Report To: Mortgage Bankers Association

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MARI®Mortgage Asset Research Institute Eleventh Periodic Mortgage Fraud Case Report To: Mortgage Bankers Association, by Denise James, Jennifer Butts Michelle Donahue, March 2009 “The year proved to be a swift introduction to how the industry must and will soon change in order to correct the financial turmoil that so quickly flipped the entire American economy… Continue Reading

National Marine Sanctuaries Media Library Online

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“The National Marine Sanctuaries Media Library is an online vault where a comprehensive collection of select video clips and high-resolution still images from America’s underwater treasures are securely stored and available for searchable access and download.” Key work search by: categories, subcategories, sanctuaries, images for web, images for print, and video Continue Reading

First Data from the 2007 Economic Census Released

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News release: “The U.S. Census Bureau [March 17, 2009] released preliminary data from the 2007 Economic Census. This advance report is the first in a series of industry and geographic area data, including information for more than 1,000 communities not available from previous censuses. The economic census is conducted every five years and is the… Continue Reading