News release: “Thanks to strengthening in consumer spending and growing policy clarity at the end of 2010, the economy is finally poised to accelerate and sustain above-par, less volatile growth, according to the January 2011 Economic Outlook released today by Fannie Mae’s (FNMA/OTC) Economics & Mortgage Market Analysis Group. The economy is expected to grow by 3.6 percent in 2011, compared to an estimated 2.8 percent in 2010. The group expects some increase in housing activity during 2011, however, a growth-oriented view of housing is not expected until 2012.”
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Daily Archives: January 18, 2011
Financial Stability Oversight Council's Study and Recommendations Regarding Implementation of the Volcker Rule
Documents from the FSOC’s January 18, 2011 Meeting The FSOCs Study and Recommendations Regarding Implementation of the Volcker Rule: “As mandated by the Dodd-Frank Act, the FSOC conducted a study on how best to implement Section 619 of the Act (commonly known as the Volcker Rule), which is designed to improve the safety of our… Continue Reading
Pew Report: The Social Side of the Internet
The Social Side of the Internet – Technology use has become deeply embedded in group life and is affecting the way civic and social groups behave and the way they impact their communities, by Lee Rainie, Kristen Purcell, Aaron Smith, Jan 18, 2011 “The internet is now deeply embedded in group and organizational life in… Continue Reading
FCC Grants Approval of Comcast-NBCU Transaction
News release: “Today, the Federal Communications Commission grantswith conditions and enforceable commitmentsapproval of the assignment and transfer of control of broadcast, satellite, and other radio licenses from General Electric Company (GE) to Comcast Corporation. The approval will allow GE and Comcast to create a joint venture involving NBC Universal, Inc. (NBCU) and Comcast. An Order… Continue Reading
CBO – Unauthorized Appropriations and Expiring Authorizations (Appropriations)
Unauthorized Appropriations and Expiring Authorizations (Appropriations). “As required, the Congressional Budget Office (CBO) reports each January to the Congress on the following: All programs and activities funded for the current fiscal year for which authorizations of appropriations have expired, and All programs and activities for which authorizations of appropriations will expire during the current fiscal… Continue Reading
Improving Regulation and Regulatory Review – Executive Order
January 18, 2011 WSJ Opinion by President Obama: Toward a 21st-Century Regulatory System, introducing his initiative to streamline the regulatory process – Improving Regulation and Regulatory Review – Executive Order – By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to… Continue Reading
Law Review – Sanctions For E-Discovery Violations: By The Numbers
Sanctions For E-Discovery Violations: By The Numbers – Dan H. Willoughby, Jr., Rose Hunter Jones & Gregory R. Antine – King & Spalding, Vol. 60 Duke Law Review December 2010, 789. “This Article reviews our comprehensive survey of written opinions from cases in federal courts prior to January 1, 2010, involving motions for sanctions relating… Continue Reading
New GAO Reports: Consumer Finance, Dodd-Frank Wall Street Reform Act, Defense Acquisitions, Maritime Security, Employment Verification
Consumer Finance: Regulatory Coverage Generally Exists for Financial Planners, but Consumer Protection Issues Remain, GAO-11-235, January 18, 2011 Dodd-Frank Wall Street Reform Act: Role of the Governmental Accounting Standards Board in the Municipal Securities Markets and Its Past Funding, GAO-11-267R, January 18, 2011 Defense Acquisitions: Further Action Needed to Better Implement Requirements for Conducting Inventory… Continue Reading
2010 Year-End Electronic Discovery and Information Law Update
“Gibson Dunn 2010 Year-End Electronic Discovery and Information Law Update calls for Reform Reach Crescendo. Sanctions Granted Less Frequently. Government’s Duties Clarified. No Reasonable Expectation of Privacy In Social Media.” “There were also numerous interesting developments in e-discovery case law. This Update is based on our review of 323 decisions, which are listed in an… Continue Reading
EEOC Reports Job Bias Charges Hit Record High of Nearly 100,000 in Fiscal Year 2010
News release: “The U.S. Equal Employment Opportunity Commission (EEOC) today announced that private sector workplace discrimination charge filings with the federal agency nationwide hit an unprecedented level of 99,922 during fiscal year (FY) 2010, which ended Sept. 30, 2010. Despite the increase in overall charges filed with the EEOC last fiscal year, the Commission dramatically… Continue Reading
