“Standard & Poor’s downgrading of the U.S. governments credit rating does not have any impact on individual states ratings, meaning those states that have the highest AAA rating won’t have to face an automatic downgrade. There are 13 states that have the coveted Triple A credit rating by S&P, and many other states that have the same AA+ credit rating as the U.S., but with a “stable” outlook rather than the “negative” outlook of the U.S. Thats because bond issuers that have little dependence on the federal government, or that are likely to manage federal budget cuts without hurting their credit, should be able to hold on to their top ratings, an S&P analyst wrote.” [via the Business Journals]
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Daily Archives: August 15, 2011
New GAO Reports: Federal Protective Service, Nursing Homes – Private Investment Homes
Federal Protective Service – Actions Needed to Resolve Delays and Inadequate Oversight Issues with FPS’s Risk Assessment and Management Program. GAO-11-705R, July 15, 2011 Federal Protective Service – Progress Made but Improved Schedule and Cost Estimate Needed to, Complete Transititon, GAO-11-554, July 15, 2011 Nursing Homes – Private Investment Homes Sometimes Differed from Others in… Continue Reading
A Good Quarrel. America's Top Legal Reporters Share Stories from Inside the Supreme Court
A Good Quarrel. America’s Top Legal Reporters Share Stories from Inside the Supreme Court Timothy R. Johnson and Jerry Goldman (eds.) – Reviewed by Molly Selvin. Association of American Law Schools Journal of Legal Education, Volume 60, May 2011, Number 4 “This modest volume is as much an experience as a book. Envisioned as… Continue Reading
TeleNav survey examines Americans' attachment to mobile phones; finds iPhone users are least willing to let go of their devices
TeleNav survey examines Americans’ attachment to mobile phones; finds iPhone users are least willing to let go of their devices “Results of a recent national survey* commissioned by TeleNav, Inc. indicate that Americans are willing to give up some of life’s greatest pleasures in order to hang on to their mobile phones. Not surprisingly, smartphone… Continue Reading
EPA Affirms National Air Quality Standards for Carbon Monoxide Are Protective of Public Health
News release: “After a careful review of the science, the U.S. Environmental Protection Agency (EPA) is affirming the current national air quality standards for carbon monoxide (CO). The science shows that the current standards protect public health, including those who are most susceptible, and the environment. Since 1980, levels of CO in the air have… Continue Reading
Outcome of investigation into conduct of PwC in respect of preparation of reports to FSA regarding JP Morgan Securities Ltf
“On September 2010 the AADB [The Accountancy and Actuarial Discipline Board] commenced an investigation into the conduct of PricewaterhouseCoopers LLP, auditors to JP Morgan Securities Limited (JPMSL), in relation to the preparation of reports to the FSA in respect of JPMSLs compliance with the FSAs Client Asset Rules (the CASS Rules) for the periods ended… Continue Reading
CSBS Announces Availability of Federally Registered Mortgage Loan Originator Information on NMLS Consumer AccessSM
News release: “…the Conference of State Bank Supervisors (CSBS) announced information for federally registered insured depository institutions and mortgage loan originators employed by such institutions and their subsidiaries, is now available on NMLS Consumer AccessSM. With the addition of federal registrants, NMLS Consumer AccessSM is a comprehensive record of individuals, companies, and financial institutions licensed… Continue Reading
Half of Young Children in the U.S. are Read to at Least Once a Day
News release: “Many young children are getting a head start on acquiring the skills needed to read, as family members take time out of their day on a regular basis to read aloud with them, the U.S. Census Bureau reported today. In 2009, half of children age 1 to 5 were read to seven or… Continue Reading
