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Accounting and Management Problems at Freddie Mac

Description: This report summarizes the extent of accounting and management problems at Freddie Mac. The report highlights the issues of selecting policies to report constant earnings, and undertaking certain transactions for the sake of creating a facade of reported earnings. Finally, the report discusses the consequences of these problems by stating that many of the Freddie Mac's executives have been replaced, fines were issued, and a lawsuit occurred.
Date: November 15, 2005
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
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Accounting Problems at Fannie Mae

Description: On September 22, 2004, the Office of Federal Housing Enterprise Supervision (OFHEO) made public a report that was highly critical of accounting methods at Fannie Mae, the government-sponsored enterprise that plays a leading role in the secondary mortgage market. OFHEO charged Fannie Mae with not following generally accepted accounting practices in two critical areas: (1) amortization of discounts, premiums, and fees involved in the purchase of home mortgages and (2) accounting for financial der… more
Date: November 15, 2005
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
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Assignments to Senate Subcommittees

Description: This report discusses the rules and process for establishing subcommittees. One of the first orders of business for Senate committees is deciding whether to establish subcommittees, and if so, determining their number, sizes, party ratios, chairs, ranking minority members, and other members. There are no direct limits on the number of subcommittees that may be created.
Date: November 15, 2005
Creator: Schneider, Judy
Partner: UNT Libraries Government Documents Department
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H.R. 2830: The Pension Protection Act of 2005

Description: This report discusses about The Pension Protection Act of 2005 on H.R. 2830. Amendments passed by the committee on ways and means would delay the effective date of the new funding requirements for defined benefit plans by one year.
Date: November 15, 2005
Creator: Purcell, Patrick
Partner: UNT Libraries Government Documents Department
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The Middle East Peace Talks

Description: This report includes information regarding Middle East peace talks. The role of the United States, the Israel-Jordan peace treaty, and congressional aid are among topics discussed in this report.
Date: November 15, 2005
Creator: Migdalovitz, Carol
Partner: UNT Libraries Government Documents Department
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Military Base Closures: Role and Costs of Environmental Cleanup

Description: This report provides an overview of cleanup requirements for the transfer and reuse of base closure properties, discusses the status of property transfer on bases closed under prior rounds, examines costs to clean up bases closed under these prior rounds, and discusses cleanup costs and issues for the 2005 round.
Date: November 15, 2005
Creator: Bearden, David M.
Partner: UNT Libraries Government Documents Department
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Stock Options: The Accounting Issue and Its Consequences

Description: The Financial Accounting Standards Board (FASB) has issued a long-anticipated rule that stock options must be recognized as an expense on corporation income statements. The previous accounting rule permitted but did not require recognition; corporations that elected to omit the cost of options, as most did, have been able to report higher earnings. This report examines the debate surrounding the issue and discusses the potential consequences.
Date: November 15, 2005
Creator: Lyke, Bob & Shorter, Gary
Partner: UNT Libraries Government Documents Department
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Bankruptcy Relief and Natural Disaster Victims

Description: This report considers whether bankruptcy law in general, and the BAPCPA in particular, may present unique challenges to financial recovery for those whose life, livelihood, and/or home have been damaged or destroyed.
Date: November 14, 2005
Creator: Jeweler, Robin
Partner: UNT Libraries Government Documents Department
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Bosnia: Overview of Issues Ten Years After Dayton

Description: On November 21-22, 2005, the United States will host a meeting with Bosnia’s collective leadership to commemorate the 10th anniversary of the Dayton accords, an agreement brokered under U.S. leadership that ended the 1992-1995 conflict in Bosnia- Herzegovina. Since early 2005, the Bush Administration has given renewed emphasis to “unfinished business” in the western Balkan region, such as the unresolved status of Kosovo, a U.N.-run province of Serbia. The United States also seeks to bolster Bos… more
Date: November 14, 2005
Creator: Kim, Julie
Partner: UNT Libraries Government Documents Department
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Millennium Challenge Account: Implementation of a New U.S. Foreign Aid Initiative

Description: This report discusses the Millennium Challenge Account (MCA), which provides assistance, through a competitive selection process, to developing nations that are pursing political and economic reforms in three areas: ruling justly, investing in people, and fostering economic freedom.
Date: November 14, 2005
Creator: Nowels, Larry
Partner: UNT Libraries Government Documents Department
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