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Monthly Archives: July 2010

CEBS publishes implementation guidelines on large exposures exemptions for money transmission

News release: “The Committee of European Banking Supervisors (CEBS) today publishes its implementation guidelines on Article 106(2) (c) and (d) of Directive 2006/48/EC (Capital Requirements Directive) as amended by Directive 2009/111/EC. As a consequence of the deletion of the general preferential treatment for inter-bank exposures in the large exposures rules, the Capital Requirements Directive (CRD)… Continue Reading

Analysis Shows Coast Guard Allowed BP, Spill Response Officials to Excessively Use Dispersants

Follow up to postings on the Gulf Coast oil spill, this news release: “Rep. Edward J. Markey (D-Mass.), Chairman of the House Energy and Environment Subcommittee, [on July 30, 2010] released a letter sent to National Incident Commander Thad Allen and documents revealing that the U.S. Coast Guard, tasked with limiting BP’s use of toxic… Continue Reading

Google With Direct Dictionary Result

Via Google Blogscoped: “Perhaps bad news for the traffic of dictionary sites, which often don’t show the actual word definition in the search engine snippets: Google now has a onebox of their own immediately offering the definition(s) for certain words you’re searching for. Try enter e.g. pleasant into Google.com and the top will read: “pleas·ant/ˈplezənt/Adjective… Continue Reading

SkyRiver Technology Solutions vs OCLC: Complaint for federal and state antitrust violations

Via Marshall Breeding this news release: “In a move that could have far-reaching implications for competition in the library software and technology services industry, SkyRiver Technology Solutions, LLC has filed suit in federal court in San Francisco against OCLC Online Computer Library Center, Inc. The suit alleges that OCLC, a purported non-profit with a membership… Continue Reading

BEA: National Income and Product Accounts Gross Domestic Product

National Income and Product Accounts – Gross Domestic Product: Second Quarter 2010 (Advance Estimate) Revised Estimates: 2007 through First Quarter 2010: “Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 2.4 percent in the second quarter… Continue Reading

EPA Report: 22 Million Cataract Cases Will Be Prevented by Stronger Ozone Layer Protection

News release: “The U.S. Environmental Protection Agency marked the beginning of Cataract Awareness Month by announcing a new peer-reviewed report predicting that more than 22 million additional cataract cases will be avoided for Americans born between 1985 and 2100 due to the Montreal Protocol. The environmental treaty, signed by 196 countries, was designed to reduce… Continue Reading

Monthly Energy Review , July 2010

Monthly Energy Review — July 30, 2010: “EIA’s primary report of recent energy statistics: total energy production, consumption, and trade; energy prices; overviews of petroleum, natural gas, coal, electricity, nuclear energy, renewable energy, and international petroleum; carbon dioxide emissions; and data unit conversions. Preliminary MER data show that U.S. biofuels consumption in the transportation sector… Continue Reading

New GAO Reports: Defense Infrastructure, Border Security, Military Naturalizations, Wastewater Infrastructure Financing

Defense Infrastructure: Army’s Privatized Lodging Program Could Benefit from More Effective Planning, GAO-10-771, July 30, 2010 Management Report: Improvements Needed in Controls over the Preparation of the U.S. Consolidated Financial Statements, GAO-10-757, July 30, 2010 Mandate on Department of Housing and Urban Development’s, Alternative Credit Pilot Program, GAO-10-876R, July 30, 2010 Medicare Payments to Federally… Continue Reading

FTC Issues Final Rule to Protect Consumers in Credit Card Debt

News release: “Amendments to Telemarketing Sales Rule Prohibiting Debt Relief Companies From Collecting Advance Fees Will Take Effect in October 2010 – Starting on October 27, 2010, for-profit companies that sell debt relief services over the telephone may no longer charge a fee before they settle or reduce a customer’s credit card or other unsecured… Continue Reading

New GAO Reports: Aviation Safety, Defense Acquisitions, Foreign Language Capabilities, Iran Sanctions

Aviation Safety: Improved Planning Could Help FAA Address Challenges Related to Winter Weather Operations, GAO-10-678, July 29, 2010 Defense Acquisitions: DOD Needs to Develop Performance Criteria to Gauge Impact of Reform Act Changes and Address Workforce Issues, GAO-10-774, July 29, 2010 Foreign Language Capabilities: Departments of Homeland Security, Defense, and State Could Better Assess Their… Continue Reading

SEC Charges Corporate Insider Brothers With Fraud

News release: “The Securities and Exchange Commission today charged brothers Samuel E. Wyly and Charles J. Wyly, Jr. of Dallas with violating federal securities laws governing ownership and trading of securities by corporate insiders. The Wyly brothers reaped more than $550 million in undisclosed gains while sitting on corporate boards by trading stock in those… Continue Reading