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Monthly Archives: August 2012

Supervisory guidance for managing risks associated with the settlement of foreign exchange transactions

Supervisory guidance for managing risks associated with the settlement of foreign exchange transactions – consultative document, August 2012 “Since the BCBS’s Supervisory guidance for managing settlement risk in foreign exchange transactions (2000) was published, the foreign exchange market has made significant strides in reducing the risks associated with the settlement of FX transactions. Substantial FX… Continue Reading

Google "I'm Feeling Lucky Search" Expands to Include New Functions

Hover your cursor over the I’m Feeling Lucky button on the Google search engine, and watch the revolving set of choices – and choose, and choose from among one of the following destinations/functions/features that spin by: I’m feeling Doodly; I’m feeling Lucky; I’m feeling Playful; I’m feeling Artistic; I’m feeling Hungry; I’m feeling Puzzled; I’m… Continue Reading

White Paper – Financing Home Ownership: Origins and Evolution of Mortgage Securitization

Financing Home Ownership: Origins and Evolution of Mortgage Securitization. Public Policy, Financial Innovations and Crises by Dimitris Karapiperis. CIPR White Paper WPS 2012-01. August 2012 “The primary purpose of this white paper is to provide an array of options for policymakers to consider in assuring insurance regulators have the best tools available to accurately value… Continue Reading

IMF – Household Production, Services and Monetary Policy

Household Production, Services and Monetary Policy, Constant Lonkeng Ngouana, August 1, 2012. “A distinctive feature of market-provided services is that some of them have close substitutes at home. Households may therefore switch between consuming home and market services in response to changes in the real wage – the opportunity cost of working at home –… Continue Reading

Afghanistan, Islamic Republic of: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding

“The following item is a Letter of Intent of the government of the Islamic Republic of Afghanistan, which describes the policies that the Islamic Republic of Afghanistan intends to implement in the context of its request for financial support from the IMF. The document, which is the property of the Islamic Republic of Afghanistan, is… Continue Reading

Justice Department Requires Changes to Verizon-Cable Company Transactions to Protect Consumers

News release: “The Department of Justice announced today that it will require Verizon and four of the nation’s largest cable companies—Comcast, Time Warner Cable, Bright House Networks and Cox Communications—to make changes to a series of agreements concerning both the sale of bundled wireless and wireline services, and the formation of a technology research joint… Continue Reading

New GAO Report – EPA Regulations and Electricity

EPA Regulations and Electricity – Better Monitoring by Agencies Could Strengthen Efforts to Address Potential Challenges, GAO-12-635, July 17, 2012 “EPA recently proposed or finalized four regulations affecting coal-fueled electricity generating units, which provide almost half of the electricity in the United States: (1) the Cross-State Air Pollution Rule; (2) the Mercury and Air Toxics… Continue Reading

Report – 2012 U.S. Book Consumer Demographics & Buying Behaviors

Via GOOD Education – Generation Read: Millennials Buy More Books Than Everybody Else: “Forget the stereotype of the tweeting, texting, YouTube-watching millennial with a short attention span. According to the 2012 U.S. Book Consumer Demographics and Buying Behaviors Annual Review, if you were born between 1979 and 1989, you spent more money on books in… Continue Reading

CDC Now Recommends All Baby Boomers Receive One-Time Hepatitis C Test

“Hepatitis C virus (HCV) is an increasing cause of morbidity and mortality in the United States. Many of the 2.7–3.9 million persons living with HCV infection are unaware they are infected and do not receive care (e.g., education, counseling, and medical monitoring) and treatment. CDC estimates that although persons born during 1945–1965 comprise an estimated… Continue Reading

NY Fed: The Untold Story of Municipal Bond Defaults

The Untold Story of Municipal Bond Defaults – Jason Appleson, Eric Parsons, and Andrew Haughwout “The $3.7 trillion U.S. municipal bond market is perhaps best known for its federal tax exemption on individuals and its low default rate relative to other fixed-income securities. These two features have resulted in household investors dominating the ranks of… Continue Reading