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Monthly Archives: July 2011

FTC Testifies on Consumer Protection and the Rent-to-Own Industry

News release: “The Federal Trade Commission testified today on consumer protection issues relating to the rent-to-own industry. The testimony described the agency’s role in enforcing laws relating to financial issues, provided background on the rent-to-own industry, and described key findings of a 2000 report published by the FTC’s Bureau of Economics on the rent-to-own industry.… Continue Reading

BIS: Preliminary international banking statistics at end-March 2011

Statistical commentary on preliminary locational and consolidated banking statistics at end-March 2011. Detailed tables at end-March 2011, preliminary data and CSV data files on locational and consolidated banking statistics. “Between end-December 2010 and end-March 2011, the cross-border claims of BIS reporting banks rebounded by 1.5% ($466 billion) after a drop of similar magnitude in the… Continue Reading

BLS: Employee Benefits in the United States March 2011

News release: “Paid leave benefits continued to be the most widely available benefit offered by employers, with paid vacations available to 91 percent of full-time workers in private industry in March 2011, the Bureau of Labor Statistics reported today. Access to these benefits, however, varied by employee and establishment characteristics. In private industry, paid vacation… Continue Reading

Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies

Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies, Xavier Debrun, July 2011. IMF Working Paper. “Despite growing interest among policymakers, there is no theory of independent fiscal institutions. The emerging literature on “fiscal councils” typically makes informal parallels with the theory of central bank independence, but a very simple formal example shows that such a… Continue Reading

NARA Guidance on Managing Mixed-Media Files

NARA Bulletin 2011-04, July 18, 2011. TO: Heads of Federal Agencies; SUBJECT: Guidance on Managing Mixed-Media Files; EXPIRATION DATE: July 31, 2014 “What is the purpose of this Bulletin? Agencies frequently manage files with records created or received in more than one type of medium. This Bulletin provides agencies with guidance about the records management… Continue Reading

The Post-Foreclosure Experience of U.S. Households

The Post-Foreclosure Experience of U.S. Households, Raven Molloy and Hui Shan, Federal Reserve Board of Governors [last update July 14, 2011] “Despite the recent flood of foreclosures on residential mortgages, little is known about what happens to borrowers and their households after their mortgage has been foreclosed. We study the post-foreclosure experience of U.S. households… Continue Reading

New GAO Reports: Criminal Cartel Enforcement, DOD and Cyber Activities, Millennium Challenge Corporation, Missing Children

Criminal Cartel Enforcement – Stakeholder Views on Impact of 2004 Antitrust Reform Are Mixed, but Support Whistleblower Protection GAO-11-619, July 25, 2011 DOD Faces Challenges In Its Cyber Activities, GAO-11-75, July 25, 2011 Millennium Challenge Corporation, Compacts in Cape Verde and Honduras Achieved Reduced Targets, GAO-11-728, July 25, 2011 Missing Children – DOJ Could Enhance… Continue Reading

Manhattan has the lowest percentage of seriously delinquent mortgages in New York City

Federal Reserve Bank of New York – Regional Mortgage Briefs: “While several zip codes have foreclosure rates more than two times the borough rate, even these rates are low relative to the rest of New York City. Also distinctive is Manhattan’s house price index, which has had relatively fewer years of annual decline. The borough’s… Continue Reading

White House: Strategy to Combat Transnational Organized Crime

Eric H. Holder, Jr. the Attorney General of the United States: The Strategy to Combat Transnational Organized Crime A White House Fact Sheet on the Strategy The Executive Order Blocking Property of Transnational Criminal Organizations A Presidential Proclamation: Suspension of Entry of Aliens Subject to United Nations Travel Bans and International Emergency Economic Powers Act… Continue Reading