The Quiet Coup: “The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our governmenta state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMFs staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, were running out of time” – by Simon Johnson, May 2009 Atlantic.
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Daily Archives: April 3, 2009
Key Health and Health Care Indicators by Race/Ethnicity and State
Kaiser Family Foundation: “This updated fact sheet shows variations across states and racial and ethnic groups for six key health and health care indicators. It provides a quick glance at disparities in rates of infant mortality and diabetes-related mortality and AIDS cases in all 50 states and the District of Columbia, as well as similar… Continue Reading
Overall U.S. Unemployment Rate Rises to 8.5%
“U.S. Secretary of Labor Hilda L. Solis issued the following statement on the March 2009 Employment Situation report released today: “Our economy lost another 663,000 jobs in March, bringing the total number of Americans that have lost their jobs to 5.1 million since this recession began last year. The overall unemployment rate has increased to… Continue Reading
FASB: Determining whether a market is not active and a transaction is not distressed
April 2, 2009 Board Meeting – “Determining whether a market is not active and a transaction is not distressed. The Board discussed comment letters received on proposed FSP FAS 157-e, Determining Whether a Market Is Not Active and a Transaction Is Not Distressed. In response to comment letters and additional feedback received, the Board decided… Continue Reading
Deloitte: Tax Department Challenges Tackle today, build for tomorrow
Tax Department Resource Shortages: Performing Under Pressure: “In todays economic climate, a proactive, strategic view of your tax departments capabilities is crucial to closing the gaps between current and expected performance. Yet, finance and tax department leaders are under significant pressure to add value, with limited time to identify and implement changes within their organizations.… Continue Reading
