WSJ: “Seeing Eye dogs were first systematically trained in Germany during World War I to aid blinded veterans. Today, psychiatric-service dogs are being trained to help veterans of Iraq and Afghanistan battles…Puppies Behind Bars Inc., a New York-based nonprofit that uses prisoners to train animals, has placed psychiatric-service dogs with 11 veterans and hopes to provide 14 more this year. Gloria Gilbert Stoga, the charity’s president, said it is difficult to raise the $26,000 needed to train each dog.”
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Daily Archives: July 11, 2009
Federal Agencies and Stimulus Money Spending Rates
WSJ: “Some federal departments are finding it easier to move stimulus money than others. See how much money each agency is responsible for, how much they’ve made available and how much of that has been spent.” See also related article, Stimulus Aid Is Said to Be Moving Faster. Related postings on financial system Continue Reading
Regulating UK banks – the role of capital rules
Economist.com: Regulating banks – Capital rules now seem the only way to tame the banks. They will need to be tighter than in the past. “Lenders are run for private benefit, but taxpayers underwrite them if things go wrong. Yet the scale of support that has been extended in the current financial crisis is unprecedented:… Continue Reading
OTS: Risk Management: Asset and Liability Concentrations
Memorandum: Risk Management – Asset and Liability Concentrations – Office of Thrift Supervision, July 9, 2009 “The Office of Supervision (OTS) has conducted internal reviews of recent savings association failures and has identified concerns regarding asset and liability concentrations and related risk management practices. Higher-risk asset and liability concentrations contributed significantly to the increase in… Continue Reading
