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Monthly Archives: March 2009

Treasury IG Report: Material Loss Review of First National Bank of Nevada and First Heritage Bank, National Association

Treasury OIG-09-033, Safety and Soundness: Material Loss Review of First National Bank of Nevada and First Heritage Bank, National Association, February 27, 2009 “The primary cause of the failure of FNB Nevada was the significant losses within its commercial real estate loan portfolio as well as the losses from the residential mortgage division operations of… Continue Reading

EFF Releases How-To Guide to Fight Government Spying

The Electronic Frontier Foundation (EFF) launched its Surveillance Self-Defense project today — an online how-to guide for protecting your private data against government spying. EFF created the Surveillance Self-Defense site to educate Americans about the law and technology of communications surveillance and computer searches and seizures, and to provide the information and tools necessary to… Continue Reading

EPA Unveils Top 25 U.S. Cities with the Most Energy Star Buildings

News release: “The U.S. Environmental Protection Agency today released a list of U.S. metropolitan areas with the largest number of energy efficient buildings in 2008 that have earned EPA’s Energy Star. The list is headed by Los Angeles, San Francisco, Houston, Washington, D.C., Dallas-Fort Worth, Chicago, Denver, Minneapolis-St Paul, Atlanta and Seattle. In 2008, more… Continue Reading

President Obama Announces $27 Billion In Funding for Infrastructure

Recovery.gov: “President Obama and Transportation Secretary LaHood have announced that $27 billion in American Recovery and Reinvestment Act (ARRA) funds are headed to states to provide critical repairs to our nation’s crumbling roads and bridges. Parts of the allocation are set aside to make sure that urban, suburban, and rural areas alike all get a… Continue Reading

Hearing on the President's Fiscal Year 2010 Budget Overview

U.S. Treasury Secretary Tim Geithner Written Testimony – As Prepared for Delivery to the Committee on Ways and Means:…”What I propose to do in the remarks that follow is to: Describe the economic and financial challenges that greeted us upon our arrival in office, and discuss how we are addressing them; Lay out the intermediate… Continue Reading

Estimated Macroeconomic Impacts of the American Recovery and Reinvestment Act of 2009

Estimated Macroeconomic Impacts of the American Recovery and Reinvestment Act of 2009, March 2, 2009. Letter to the Honorable Charles E. Grassley. Difference Between Potential GDP in CBO’s Baseline and Actual GDP Without and With the Impact of the American Recovery and Reinvestment Act of 2009 (Pct. difference in 4th qtr. of each yr.) “By… Continue Reading

U.S. Treasury and Federal Reserve Board Announce Launch of Term Asset-Backed Securities Loan Facility

News release: “In carrying out the Financial Stability Plan, the Department of the Treasury and the Federal Reserve Board are announcing the launch of the Term Asset-Backed Securities Loan Facility (TALF), a component of the Consumer and Business Lending Initiative (CBLI). The TALF has the potential to generate up to $1 trillion of lending for… Continue Reading

New GAO Reports: Defense Management, Managing Nuclear Weapons Stockpile, Disaster Recovery,

Defense Acquisitions: DOD Must Balance Its Needs with Available Resources and Follow an Incremental Approach to Acquiring Weapon Systems, GAO-09-431T, March 03, 2009 Defense Management: DOD Needs to Increase Attention on Fuel Demand Management at Forward-Deployed Locations, GAO-09-300, February 20, 2009 Defense Management: Increased Attention on Fuel Demand Management at DOD’s Forward-Deployed Locations Could Reduce… Continue Reading