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. Throughout his entire tenure on the Supreme Court, Justice Thomas has checked a box titled “none” on his annual financial disclosure forms, indicating that his wife had received no income, despite the fact that his wife had in fact earned nearly $700,000 from the Heritage Foundation from 2003-2007 alone.”
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Daily Archives: September 29, 2011
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
New GAO Reports: UN Food & Ag Reform Plan, Warfighter Support
United Nations – Improved Reporting and Member States’ Consensus Needed for Food and Agriculture Organization’s Reform Plan, GAO-11-922, September 29, 2011 Warfighter Support – Improved Cost Analysis and Better Oversight Needed over Army Nonstandard Equipment, GAO-11-766, September 29, 2011 Continue Reading
2011 Investment Company Fact Book
2011 Investment Company Fact Book, 51st Edition. A Review of Trends and Activity in the Investment Company Industry. “U.S.-registered investment companies play a significant role in the U.S. economy and world financial markets. These funds managed over $13 trillion in assets at the end of 2010 for over 91 million U.S. investors. Funds supplied investment… Continue Reading
UK Government Discussion Paper on Executive Pay
UK Department for Business, Innovation and Skills (BIS) – BIS discussion paper: executive pay, URN: 11/1287, 19 Sep 2011. Responses by 25 November 2011. “Seeks views on wide-ranging proposals on how to link executive pay more closely to company performance. Aims to build a stronger understanding of the issues. Published in conjunction with a consultation… Continue Reading
BLS: Metropolitan Area Employment and Unemployment Summary
News release: “Unemployment rates were lower in August than a year earlier in 262 of the 372 metropolitan areas, higher in 84 areas, and unchanged in 26 areas, the U.S. Bureau of Labor Statistics reported today. Nine areas recorded jobless rates of at least 15.0 percent, while 10 areas registered rates of less than 5.0… Continue Reading
Procedural Review of EPAs Greenhouse Gases Endangerment Finding Data Quality Processes
Procedural Review of EPAs Greenhouse Gases Endangerment Finding Data Quality Processes, Report No. 11-P-0702, September 26, 2011 “EPA met statutory requirements for rulemaking and generally followed requirements and guidance related to ensuring the quality of the supporting technical information. Whether EPAs review of its endangerment finding TSD met Office of Management and Budget (OMB) requirements… Continue Reading
State budgets under stress: Paths to sustainability
State budgets under stress: Paths to sustainability, by Richard H. Mattoon, senior economist and economic advisor. Federal Reserve Bank of Chicago, Chicago Fed Letter, October 2011 “State governments have been noticeably absent in contributing to U.S. economic growth since the recession of 200809. Despite some recovery in tax revenues, many states are still reporting budget… Continue Reading
Bankrates 2011 Checking Account Survey
Bankrates 2011 Checking Account Survey: “Free checking is on the way out in 2011, while the banking industry ushered in increases in checking account fees, ATM charges and penalties for account overdrafts. This is the banking landscape revealed by Bankrate’s 2011 Checking Account Survey. Just 45 percent of noninterest checking accounts are now free, down… Continue Reading
