Your Bank Has Failed: What Happens Next? – “What would happen if your local bank failed? Scott Pelley and “60 Minutes” were given extraordinary access, as the Federal Deposit Insurance Corporation moves in to take over a failed bank in Chicago.” “EDIE the Estimator can calculate your FDIC insurance coverage for each FDIC-insured bank where… Continue Reading
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Monthly Archives: March 2009
World Bank: Crisis Reveals Growing Finance Gaps for Developing Countries
News release: “Developing countries face a financing shortfall of $270-700 billion this year, as private sector creditors shun emerging markets, and only one quarter of the most vulnerable countries have the resources to prevent a rise in poverty, the World Bank said. In a paper for next Saturdays meeting of the Group of 20 finance… Continue Reading
2009 Country Commercial Guide for U.S. Companies
Doing Business in China – 2009 Country Commercial Guide for U.S. Companies, U.S. Department of State. “…China is still a developing country, albeit one with vast potential. Spread over a population of 1.3 billion, Chinas colossal economy does not represent a large amount of disposable income for each person. Annual per capita income in China… Continue Reading
Climate Savers Computing Initiative
Official Google Blog: “Do you leave your fridge door open after grabbing what you need? Do you leave your vacuum cleaner running when you aren’t cleaning? Of course not. The idea of doing either of these things sounds silly, yet many people don’t think to turn off their computers after using them. By using power… Continue Reading
NPR: Treasury Secretary Tim Geithner Talks Nationalization
NPR: “The debate over whether the U.S. government will end up nationalizing the banks is usually presented as an either/or proposition either the government takes over the banks to keep them from becoming insolvent or it leaves the banks in private hands…Treasury Secretary Tim Geithner, who made the government’s position plain. “It’s not the… Continue Reading
White House – Fighting Crime, Improving the Justice System
“[March 6, 2009] President Obama and Attorney General Holder announced the allocation of $2 billion in funds from the American Recovery and Reinvestment Act to control crime and improve the criminal justice system.” Track funds going to your state and local government using this map provided by the Department of Justice – Recovery Act: Justice… Continue Reading
Report: Colon Cancer State Rankings
Via CBSNews.com: “Colorectal cancer is the second leading cause of cancer deaths for men and women in this country, killing nearly 50,000 people annually.” How Does Your State Rank?: Check out the report card on efforts to pass laws requiring insurers to cover colon cancer screening.” Continue Reading
President Obama Presses the Case for Bold Action to Address the Economic Crisis
Transcript – Obama Radio Address, Saturday, March 7, 2009: “My administration inherited a $1.3 trillion budget deficit, the largest in history. And we’ve inherited a budgeting process as irresponsible as it is unsustainable. For years, as Wall Street used accounting tricks to conceal costs and avoid responsibility, Washington did, too…For the first time in many… Continue Reading
WSJ: How to Twitter
The Decoder: “Twitter is a mass text-messaging service that allows you to send short 140-character updates — or “tweets” — to a bunch of people at once. They are your “followers.” It was designed to be read on a cellphone, though many people read it online, too.” Continue Reading
Investigative Report: Crime no barrier for loan sellers Law requiring background checks too late for many homeowners
Eric Nalder, Seattle Post-Intelligencer: “Numerous convicts — including embezzlers, robbers, meth dealers and rapists — sold mortgage loans to unsuspecting homeowners in Washington in recent years while state lawmakers and members of Congress debated and tabled requirements for licensing and background checks, records show…Criminals who were barred from the mortgage business in other states continued… Continue Reading
American Library Association: American Recovery and Reinvestment Act 101
ARRA 101: “Completing the American Recovery and Reinvestment Act was a long and arduous process for the Obama Administration and the new Congress. Now that President Obama has signed the bill into law, our nation can begin the journey of restoring our economic stability through the programs and initiatives this law will make possible. Throughout… Continue Reading
New GAO Reports: Census Bureau Testing, 2010 Census, Influenza Pandemic
Information Technology: Census Bureau Needs to Strengthen Testing of 2010 Decennial Systems, GAO-09-413T, March 05, 2009 2010 Census: Fundamental Building Blocks of a Successful Enumeration Face Challenges, GAO-09-430T, March 05, 2009 Influenza Pandemic: Sustaining Focus on the Nation’s Planning and Preparedness Efforts, GAO-09-334, February 26, 2009 Continue Reading
