Archive for March, 2009

New TARP documents released

The Government Accountability Office (GAO) released this morning a number of items relating to the Troubled Asset Relief Program (TARP).  You can find them linked below. Report Troubled Asset Relief Program: March 2009 Status of Efforts to Address Transparency and Accountability Issues. GAO-09-504, March 31.  Highlights. Related Product: Troubled Asset Relief Program:  Capital Purchase Program [...]


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CBO’s Preliminary Analysis of President’s Budget

Take a look at the CBO’s Prelimiary Analysis of the President’s Budget and an Update of the CBO’s Budget and Economic Outlook in PDF format. You can also keep up with all of the CBO news by reading the CBO Director’s blog.


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A trillion dollars?

One trillion dollars here and one trillion dollars there.  We’ve heard these number thrown out for the past few months but few of us can really visualize that amount of money.  If you’re having trouble getting your mind around the numbers, take a look at this web site from Page Tutor.  It will help you [...]


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Researching Company Histories Online

At one time, there were only a few comprehensive sources for company histories.  Today, there are a number of free and reputable sources available on the web. Company Histories from Funding Universe includes histories for thousands of companies, both domestic and foreign.  Another comprehensive site is Reference for Business Company History.  Here you will find an incredible amount [...]


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SCOTUS to Revisit Freelance Copyright Issue

If you are a freelance writer for a newspaper or magazine, you might want to keep an eye on this case now before the U.S. Supreme Court.  From the New York Times: Supreme Court to Revisit a Case on Breach of Copyright By ADAM LIPTAK Published: March 2, 2009 WASHINGTON — The Supreme Court agreed [...]


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S&P/Case-Shiller Home Price Indices

With the burst of the housing bubble, you may have heard the S&P/Case-Shiller Home Price Indices mentioned in the news.  The Case-Shiller Index, as it is commonly called, measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan regions across the United States. These indices use [...]


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Secrecy Surrounds Fed Lending Data

From Bloomberg.com: Fed Refuses to Release Bank Lending Data, Insists on Secrecy By Mark Pittman March 5 (Bloomberg) — The Federal Reserve Board of Governors receives daily reports on loans to banks and securities firms, the institution said in response to a Freedom of Information Act lawsuit filed by Bloomberg News. The Fed refused yesterday [...]


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DJIA Falls Below 7,000

For the first time since the “mini-crash” of October 1997, the Dow Jones Industrial Average (DJIA) slipped below the 7,000 mark today.   You can follow the markets in real time with Yahoo! Finance. On October 27, 1997, the DJIA dropped 554 points causing the exchange officials to close the markets early.  CNN has a good [...]


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