News release: “Customer satisfaction with credit unions breaks all prior records this year, according to a report released [December 14, 2011] by the American Customer Satisfaction Index (ACSI). Customers are more satisfied then ever before with credit unions, as the industrys score soars 8.7% to 87 (on a scale of 0 to 100)the highest score ever reached by any of ACSIs 47 industries. In just one year, credit unions have tripled their ACSI lead over banks.”
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Daily Archives: December 18, 2011
CBO Reports on Troubled Asset Relief Program
Report on the Troubled Asset Relief Program – December 2011: “In October 2008, the Emergency Economic Stabilization Act of 2008 (Division A of Public Law 110-343) established the Troubled Asset Relief Program (TARP) to enable the Department of the Treasury to promote stability in financial markets through the purchase and guarantee of “troubled assets.” Section… Continue Reading
Chimpanzees in Biomedical and Behavioral Research: Assessing the Necessity
Chimpanzees in Biomedical and Behavioral Research: Assessing the Necessity, December 15, 2011. Institute of Medicine of the National Academies. “For many years, experiments using chimpanzees have been instrumental in advancing scientific knowledge and have led to new medicines to prevent life-threatening and debilitating diseases. However, recent advances in alternate research tools have rendered chimpanzees largely… Continue Reading
BEA – County Compensation by Industry, 2010
County Compensation by Industry, 2010: “Compensation increased in 2,480 counties and declined in 633 counties in the U.S. in 2010, as the average annual compensation per job increased 2.7 percent to $58,451, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Total compensation of U.S. workers increased 2.2 percent in 2010,… Continue Reading
Basel III definition of capital – Frequently asked questions
Basel III definition of capital – Frequently asked questions, Basel Committee on Banking Supervision, December 2011 “The Basel Committee on Banking Supervision has received a number of interpretation questions related to the 16 December 2010 publication of the Basel III regulatory frameworks for capital and liquidity and the 13 January 2011 press release on the… Continue Reading
FTC Warns That Rapid Expansion of Internet Domain Name System Could Leave Consumers More Vulnerable to Online Fraud
News release: “The Federal Trade Commission today sent a letter to the Internet Corporation for Assigned Names and Numbers (ICANN), the organization that oversees Internet domain names, expressing concern that the organization’s plan to dramatically expand the domain name system could leave consumers more vulnerable to online fraud and undermine law enforcers’ ability to track… Continue Reading
EIA: Smart Grid Legislative and Regulatory Policies and Case Studies
Smart Grid Legislative and Regulatory Policies and Case Studies, December 12, 2011 [299 pages, PDF] “In recent years, a number of U.S. states have adopted or are considering smart grid related laws, regulations, and voluntary or mandatory requirements. At the same time, the number of smart grid pilot projects has been increasing rapidly. Recent activity… Continue Reading
Federal Reserve: Are Recoveries from Banking and Financial Crises Really So Different?
Are Recoveries from Banking and Financial Crises Really So Different? , Greg Howard, Robert Martin, and Beth Anne Wilson, (November 2011) “This paper studies the behavior of recoveries from recessions across 59 advanced and emerging market economies over the past 40 years. Focusing specifically on the performance of output after the recession trough, we find… Continue Reading
Federal Reserve: Tossed and Turned: Wealth Dynamics of U.S. Households 2007-2009
Tossed and Turned: Wealth Dynamics of U.S. Households 20072009, Arthur B. Kennickell “For many years, the cross-sectional Survey of Consumer Finances (SCF) has shown relatively weak or inconsistent changes in the shape of the distribution of net worth, despite many shifts in income and other economic factors. In 2009, households that had taken part in… Continue Reading
EIA Reports: Energy & Financial Markets – What Drives Crude Oil Prices?
“As part of its Energy and Financial Markets Initiative, EIA is assessing the various factors that may influence oil prices physical market factors as well as those related to trading and financial markets. This website describes 7 key factors that could influence oil markets. The analysis explores possible linkages between each factor and oil… Continue Reading
