http://assets.opencrs.com/rpts/R40877_20091028.pdf
Discusses the meaning of systemic risk, the causes or sources of such concerns, and whether the Federal Reserve is already authorized to regulate activities that are linked to risk concerns. Also discusses whether the Federal Reserve or some other executive branch agency should be a systemic risk regulator. From the Congressional Research Service, posted by OpenCRS.org.
http://liber8.stlouisfed.org/newsletter/2009/200911.pdf
Examines three modern schools of economic thought, the new Keynesian approach, the monetarist viewpoint, and the new classical school of thought, and what each school would advise as the best way to resolve the recent economic crisis. From the Stl Louis Federal Reserve Bank.
Claims that 640,000 jobs were created or saved by the spending of $160 billion in Recovery Act funds, which represents less than half of the funds used by September 30, 2009. Since recipient reports cover only directly created jobs, the administration estimates that more than one million jobs were created or saved. From the White House.
http://www.cbo.gov/ftpdocs/105xx/doc10525/11-03-HousingPrograms.pdf
Describes the array of federal activities that support housing and the recent expansion of these programs up to a cost of $300 billion in FY 2009 due to the placement into conservatorship of Fannie Mae ( the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corporation). From the Congressional Budget Office.
http://edocket.access.gpo.gov/2009/pdf/E9-25766.pdf
Federal Register notice which requests public comments on proposed federal guidelines which would ensure that compensation policies at large banks would not encourage excessive risk-taking by executives. From the Office of the Federal Reserve.
http://www.financialstability.gov/latest/tg_102220009e.html
Reviews the decisions of the Special Master for the Troubled Assets Relief Program. Reduces compensation for five top executives and the next 20 most highly compensated employees for each of the seven recipient companies of exceptional assistance funds: AIG, Citigroup, Bank of America, Chrysler, GM, GMAC, and Chrysler Financial. From the Department of the Treasury.
http://assets.opencrs.com/rpts/RL34742_20091002.pdf
Latest update on the U.S. view of the global financial crisis. Also discusses the effects of the crisis on other parts of the world, especially Europe, Asia, and Latin America. From the Congressional Research Service, posted by OpenCRS.org.
http://www.sec.gov/news/press/2009/report102109.pdf
Reviews the funding and liquidity central to the recent financial crisis and explores critical areas of risk management practice warranting improvement across the financial services industry. From senior financial experts from seven countries; posted by the Securities and Exchange Commission.
http://www.whitehouse.gov/assets/documents/DPC_Education_Report.pdf
Describes how approximately $100 billion in emergency education funding was provided to states with ARRA funds. Also describes the educational benefits and employment outcomes resulting from the emergency funding. From the Domestic Policy Council and the Department of Education.
http://www.whitehouse.gov/assets/documents/Recovery_Through_Retrofit_Final_Report.pdf
Offers plans and recommendations for using Recovery Act funds and developing a self-sustaining energy efficiency retrofit market to make American homes more efficient. Also involves the development of a standardized home energy performance measure applicable to every American home. From the Office of the Vice-President.
http://www.sec.gov/news/press/2009/cftcjointreport101609.pdf
Responds to June 2009 administration White Paper on financial regulatory reform by describing the differing roles of securities and futures markets in capital formation. Also reviews and analyzes the current statutory and regulatory structure of the Commodity Futures Trading Commission and the Securities and Exchange Commission and offers recommendations for strengthening oversight, enhancing consumer protection, and improving regulatory coordination. From the Securities and Exchange Commission.
