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Author Archives: Sabrina I. Pacifici

New poll on anniversary of Dodd Frank finds majority of Americans identify Wall Street with risk

“On the 4th anniversary of the passage of the Dodd-Frank law and nearly 6 years since the financial collapse of 2008, American voters still distrust Wall Street and big banks and strongly support tough financial regulation of them, according to a new national survey of likely 2014 voters. The result is a strong majority of voters supporting stricter regulations of the… Continue Reading

Almost 17 percent of outstanding past-due balance of student loans is held by those over 50

Becky Yerak and Kristin Samuelson, Chicago Tribune reporters: “A report released Wednesday by Barclays notes that 15.5 percent of outstanding student loan debt is owed by people 50 and older, including 4.2 percent held by people 60 and older. Those are staggering amounts given that outstanding student loan debt has surpassed $1 trillion, exceeding the… Continue Reading

2014 Financial literacy annual report – CFPB

“Empowering people to take more control over their economic lives is essential to our mission. That’s why we’ve made financial education a critical component of our work. Our financial education strategy focuses on providing information and tools to help consumers navigate financial choices, and integrating financial capability training into other programs and services where consumers… Continue Reading

FAA Statement–Expanded Notice to Airmen Released

“On the evening of July 17, the Federal Aviation Administration issued a Notice to Airman (NOTAM) prohibiting U.S. flight operations until further notice, in the airspace over eastern Ukraine, due to recent events and the potential for continued hazardous activities. The restricted area includes the entire Simferopol and Dnepropetrovsk flight information regions (FIRs).  This action… Continue Reading

Global Cybercrime: The Interplay of Politics and Law

The Centre for International Governance Innovation (CIGI) – Aaron Shull, June 2014 “Examining global cybercrime as solely a legal issue misses an important facet of the problem. Understanding the applicable legal rules, both domestically and internationally, is important. However, major state actors are using concerted efforts to engage in nefarious cyber activities with the intention of… Continue Reading

Analysis of Recent Mass Shootings Released by Advocacy Group

“In 2013, Mayors Against Illegal Guns and Moms Demand Action for Gun Sense in America came together to tackle our shared goals. We’ve combined the best minds in policy-making with a grassroots movement of more than 2 million motivated members…Using FBI data and media reports, Everytown for Gun Safety developed an analysis of mass shootings… Continue Reading

Afghanistan Midyear Report 2014: Protection of Civilians in Armed Conflict

“Ground combat among parties to the armed conflict in Afghanistan surpassed improvised explosive devices (IEDs) as the leading cause of conflict-related death and injury to Afghan civilians in the first six months of 2014, according to a major report of the United Nations Assistance Mission in Afghanistan (UNAMA), launched today in the Afghan capital of… Continue Reading

NOAA – Climate data from air, land, sea and ice in 2013 reflect trends of a warming planet

NOAA news release: “In 2013, the vast majority of worldwide climate indicators—greenhouse gases, sea levels, global temperatures, etc.—continued to reflect trends of a warmer planet, according to the indicators assessed in the State of the Climate in 2013 report, released online today by the American Meteorological Society. Scientists from NOAA’s National Climatic Data Center in Asheville, N.C., served as… Continue Reading

UN – The Right to Privacy in the Digital Age

“Advances in information communication technology are dramatically improving real-time communication and information-sharing. By improving access to information and facilitating global debate, they foster democratic participation. By amplifying the voices of human rights defenders and helping to expose abuses, these powerful technologies offer the promise of improved enjoyment of human rights. But at the same time it… Continue Reading

Mapping and Sizing the U.S. Repo Market

Mapping and Sizing the U.S. Repo Market – Adam Copeland, Isaac Davis, Eric LeSueur, and Antoine Martin “The U.S. repurchase agreement (repo) market is a large financial market where participants effectively provide collateralized loans to one another. This market played a central role in the recent financial crisis; for example, both Bear Stearns and Lehman Brothers experienced problems borrowing… Continue Reading

Agencies Finalize Technical Correction of Risk-Based Capital Rules

“The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) on Wednesday announced the finalization of a technical correction to the definition of “eligible guarantee” in the agencies’ risk-based capital rules. In April, the agencies proposed a rule to correct the definition of eligible guarantee by… Continue Reading

Report – Elite Russian hackers breached Nasdq and inserted a digital bomb

BloombergBusinessWeek – Mike Riley: “In October 2010, a Federal Bureau of Investigation system monitoring U.S. Internet traffic picked up an alert. The signal was coming from Nasdaq. It looked like malware had snuck into the company’s central servers. There were indications that the intruder was not a kid somewhere, but the intelligence agency of another country.… Continue Reading