“This quarterly survey (formerly known as the Finances of Selected State and Local Government Employee Retirement Systems Survey) provides national summary statistics on the revenues, expenditures and composition of assets of the 100 largest state and local public employee retirement systems in the United States. These 100 systems comprise 89.4 percent of financial activity among… Continue Reading
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Author Archives: Sabrina I. Pacifici
Defense Federal Acquisition Regulation Supplement: Proposal Adequacy Checklist
Defense Federal Acquisition Regulation Supplement: Proposal Adequacy Checklist (DFARS Case 2011-D042) – A Rule by the Defense Acquisition Regulations System on 03/28/2013 “DoD is issuing a final rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to incorporate a proposal adequacy checklist for proposals in response to solicitations that require submission of certified cost or… Continue Reading
CFBP Consumer Complaint Database now includes federal and private student loans
CFPB – Consumer Complaint Database – “These are complaints weve received about financial products and services. Learn about the complaint process. We dont verify all the facts alleged in these complaints but we do take steps to confirm a commercial relationship between the consumer and company. Complaints are listed here after the company responds or… Continue Reading
New Study via AT&T – Nearly Half of Commuters Admit to Texting While Driving
“Nearly half of commuters self-reported texting while driving in a recent poll, and 43% of those who did called it a habit. Commuters are texting and driving even more than teens 49%1, compared to 43%2. And the problem has gotten worse. Six in 10 commuters say they never texted while driving three years ago.… Continue Reading
Allegations Concerning Contracting for Services of Former Employees at Sandia National Laboratories
Department of Energy IG Report – Allegations Concerning Contracting for Services of Former Employees at Sandia National Laboratories, INS-L-13-04 “Sandia National Laboratories (Sandia) subcontracts with various suppliers for services not available at the Laboratories. The Office of Inspector General received an anonymous complaint alleging that: (1) Sandia hired former employees as consultants at salaries exceeding… Continue Reading
What should economists and policymakers learn from the financial crisis?
What should economists and policymakers learn from the financial crisis? Dr. Ben S Bernanke, Chairman of the Board of Governors of the Federal Reserve System, London School of Economics and Political Science, March 25, 2013 “For me, perhaps the central insight is that the recent crisis, despite its many exotic features, was in fact a… Continue Reading
Supreme Court Oral Argument – Audio and Transcript – United States v. Windsor
“United States v. Windsor challenges a key section of the 1996 Defense of Marriage Act (DOMA) – The Defense of Marriage Act (DOMA) (Pub.L. 104199, 110 Stat. 2419, enacted September 21, 1996, 1 U.S.C. § 7 and 28 U.S.C. § 1738C)” Continue Reading
Financial Development: New Book Shows that Low-Income People Are Bankable
World Bank: “More than 800 million unbankable low-income people already are actively using banking and other financial services, suggesting that expanding financial access can not only benefit the poor but create millions of new customers for the financial industry, according to a new book. The book, Banking the World: Empirical Foundations of Financial Inclusion, shows… Continue Reading
BBC News – Global internet slows after 'biggest attack in history'
“The internet around the world has been slowed down in what security experts are describing as the biggest cyber-attack of its kind in history. A row between a spam-fighting group and hosting firm has sparked retaliation attacks affecting the wider internet. It is having an impact on popular services like Netflix – and experts worry… Continue Reading
Federal Reserve survey provides information on mobile financial services
News release: “The use of mobile phones to access a bank account, credit card, or other financial account became more prevalent in the Unites States last year, according to the Federal Reserve Board’s latest report on the use of mobile financial services. As of November 2012, 28 percent of all mobile phone users and 48… Continue Reading
Is Job Polarization Holding Back the Labor Market?
Is Job Polarization Holding Back the Labor Market? by Stefania Albanesi, Victoria Gregory, Christina Patterson, and Ayşegül Şahin – New York Fed “More than three years after the end of the Great Recession, the labor market still remains weak, with the unemployment rate at 7.7 percent and payroll employment 3 million less than its pre-recession… Continue Reading
EFF Commentary on Expanded Powers of Computer Fraud And Abuse Act Reform
EFF: “Law professor and historian Tim Wu has called the Computer Fraud and Abuse Act (CFAA) the worst law in technology. The Ninth Circuit Court of Appeals has described the governments interpretation of it expansive, broad, and sweeping. And Orin Kerr, former federal prosecutor and law professor, has detailed how the government could use it… Continue Reading
