UK TimesOnline: “Hitwise, the internet industry tracker, announced that Facebook had dethroned Google as the worlds most popular website. For the week ending March 13, the social networking site set up by wunderkind Mark Zuckerberg got more traffic than Google in America. It was a milestone likely to be revisited as Facebook and Google limber up for what looks set to be this decades defining technology battle.”
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Daily Archives: March 20, 2010
OMB Memo for CFOs on the Financial Systems Integration Office
Danny Werfel, Controller, March 18, 2010 – Update on the Financial Systems Integration Office “Improving the cost, quality, and performance of financial management operations and systems is one of the Administrations management priorities. Over the past several years, efforts to achieve these objectives have been conducted under the Financial Management Line of Business (FMLoB) and… Continue Reading
Brookings Papers on Economic Activity – The Crisis, by former Federal Reserve Chairman Alan Greenspan
The Crisis, Alan Greenspan, Second Draft: March 9, 2010 “To prevent a future financial crisis, the primary imperative must be increased regulatory capital and liquidity requirements on banks and significant increases in collateral requirements for globally traded financial products, irrespective of the financial institutions making the trades, Greenspan says. He offers his views about regulatory… Continue Reading
FTC Submits Comments on Proposed Guidance to Help Consumers Avoid Reverse Mortgage Deception
News release: “Federal Trade Commission staff has filed comments with the Federal Financial Institutions Examination Council (FFIEC) supporting a measure designed to protect consumers from deceptive claims and to help them make better-informed decisions about whether to obtain a reverse mortgage. Reverse mortgages, typically available only to borrowers age 62 or older, allow them to… Continue Reading
