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Monthly Archives: September 2011

NYT: With Deaths of Forests, a Loss of Key Climate Protectors

With Deaths of Forests, a Loss of Key Climate Protectors – “Across millions of acres, the pines of the northern and central Rockies are dying, just one among many types of forests that are showing signs of distress these days. From the mountainous Southwest deep into Texas, wildfires raced across parched landscapes this summer, burning millions more acres. In Colorado, at least 15 percent of that state’s spectacular aspen forests have gone into decline because of a lack of water. The devastation extends worldwide. The great euphorbia trees of southern Africa are succumbing to heat and water stress. So are the Atlas cedars of northern Algeria. Fires fed by hot, dry weather are killing enormous stretches of Siberian forest. Eucalyptus trees are succumbing on a large scale to a heat blast in Australia, and the Amazon recently suffered two “once a century” droughts just five years apart, killing many large trees. Experts are scrambling to understand the situation, and to predict how serious it may become.”

  • Related postings on climate change
  • Changing Landscape of Employment-based Retirement Benefits

    Changing Landscape of Employment-based Retirement Benefits, by William J. Wiatrowski, Bureau of Labor Statistics, September 29, 2011 As the types of retirement benefits provided by employers have changed, so too have plan features. Retirement income comes from many sources, but except for the independently wealthy and those with large inheritances, the various sources of retirement… Continue Reading

    Central banking post-crisis: What compass for uncharted waters?

    Central banking post-crisis: What compass for uncharted waters? by Claudio Borio, Working Papers No 353, Bank for International Settlement, September 2011 “The global financial crisis has shaken the foundations of the deceptively comfortable pre-crisis central banking world. Central banks face a threefold challenge: economic, intellectual and institutional. This essay puts forward a compass to help… Continue Reading

    Rediscovering the macroeconomic roots of financial stability policy: journey, challenges and a way forward

    Rediscovering the macroeconomic roots of financial stability policy: journey, challenges and a way forward, by Claudio Borio, Working Papers No 354, Bank for International Settlements, September 2011 “The recent financial crisis has triggered a major rethink of analytical approaches and policy towards financial stability. The crisis has encouraged a sharper focus on systemic risk, the… Continue Reading

    Verizon’s 2011 Payment Card Industry Compliance Report

    2011 Payment Card Industry Compliance Report – A Study Conducted By The Verizon PCI And RISK Intelligence Teams “This report analyzes findings from actual Payment Card Industry (PCI) Data Security Standard (DSS) assessments conducted by Verizon’s team of Qualified Security Assessors (QSAs). The report describes where these organizations stand in terms of overall compliance with… Continue Reading

    Slaughter, 19 Colleagues, Call for Investigation into Justice Thomas’s Non-Disclosure

    News release: “Congresswoman Louise Slaughter, Ranking Member of the House Rules Committee, together with 19 Members of Congress, today sent a letter to the Judicial Conference, requesting that the Conference follow the law and refer the matter of Justice Clarence Thomas’s non-compliance with the Ethics in Government Act of 1978 to the Department of Justice.… Continue Reading

    2011 Mortgage Fraud Trends Report

    News release: “CoreLogic, a leading provider of information, analytics and business services, announced the availability of its 2011 Mortgage Fraud Trends Report. The study analyzed 10.5 million loan applications from the first quarter of 2005 through the first quarter of 2011. In the report, CoreLogic fraud experts predict that fraud-related U.S. residential mortgage originations will… Continue Reading

    S&P – A Guide to the Loan Market

    “Standard & Poor’s Ratings Services is pleased to bring you the 2011-2012 edition of our Guide To The Loan Market – September 2011, which provides a detailed primer on the syndicated loan market along with articles that describe the bank loan and recovery rating process as well as our analytical approach to evaluating loss and… Continue Reading

    NY Dept of Environmental Conservation: Issues Draft Regulations for High-Volume Hydraulic Fracturing

    News release: “The New York State Department of Environmental Conservation today issued its draft regulations for high-volume hydraulic fracturing which are based on the proposed requirements contained in the agency’s revised draft Supplemental Generic Environmental Impact Statement released earlier this month, DEC Commissioner Joe Martens announced today…The draft regulations create a legal framework for implementing… Continue Reading

    FTC Settlement Bans Alleged Spammer from Sending Unsolicited Text Messages

    News release: An operator who allegedly sent millions of illegal spam text messages to consumers is banned from sending any unsolicited text messages, under a settlement agreement with the Federal Trade Commission entered by a federal court. According to the FTC complaint filed in February 2011, the marketer sent a “mind-boggling” number of unsolicited commercial… Continue Reading