Thursday, February 17, 2011
A governor who didn't vaporize
when he suggested that Social Security age should be raised. http://www.nj.com/news/index.ssf/2011/02/nj_gov_christie_says_us_should.html
Monday, February 7, 2011
GAO 2010 audit is critical of the SEC
and Congress is not wanting to give it a budget hike; also noted some accounting weaknesses http://www.allheadlinenews.com/briefs/articles/90033133?GAO%20report%20hits%20SEC%20for%20accounting%20weaknesses
Thursday, February 3, 2011
Some IRS 990 errors
causine certain NFP forms at Guidestar to be inaccurate http://www.bkd.com/media/articles/insights/npg/2011/2011-02alertsNPG-1.htm
Tuesday, February 1, 2011
State pension obligations
to be factored and looked at differently by Moodys. More like a real debt. Illinois is specifically mentioned.in this blog related to The Economist. http://www.economist.com/blogs/freeexchange/2011/01/fiscal_policy
Thursday, January 27, 2011
Japan debt and bond rating
First time in nine years to have bond rating decreased by Standard and Poorshttp://www.bloomberg.com/news/2011-01-27/japan-s-debt-rating-lowered-to-aa-by-standard-poor-s-outlook-is-stable.html
Saturday, January 22, 2011
Pew report on 5 stressed States
Yes, Illinois is of course one of them. Check out what respondents had to say. Amongst other findings, it is disturbing but maybe not surprising, to see that 2/3 of respondents said that they do not trust state government to do what is right http://www.pewcenteronthestates.org/report_detail.aspx?id=60803 At this link the full 92 page report is also available as a pdf
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