Search Results

open access

China's "Hot Money" Problems

Description: China has experienced a sharp rise in the inflow of so-called "hot money," foreign capital entering the country supposedly seeking short-term profits, especially in 2008. Chinese estimates of the amount of "hot money" in China vary from $500 billion to $1.75 trillion. The influx of "hot money" is contributing to China's already existing problems with inflation. Efforts to reduce the inflationary effects of "hot money" may accelerate the inflow, while actions to reduce the inflow of "hot money" … more
Date: July 21, 2008
Creator: Martin, Michael F. & Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department
open access

Fannie Mae's and Freddie Mac's Financial Problems: Frequently Asked Questions

Description: Recent turmoil in the housing and financial markets have caused concern over the future of Fannie Mae and Freddie Mac, which are chartered by Congress as government-sponsored enterprises (GSEs) and are widely believed to have an implicit guarantee from the federal government. The Office of Federal Housing Enterprise Oversight (OFHEO) -- the GSEs safety and soundness regulator -- has repeated assurances that Fannie and Freddie have adequate capital, but as highly leveraged financial intermediari… more
Date: July 15, 2008
Creator: Weiss, N. Eric
Partner: UNT Libraries Government Documents Department
open access

Hedge Funds: Should They Be Regulated?

Description: In view of the growing impact of hedge funds on a variety of financial markets, the Securities and Exchange Commission (SEC) in October 2004 adopted a regulation that requires hedge funds to register as investment advisers, disclose basic information about their operations, and open their books for inspection. The regulation took effect in February 2006, but on June 23, 2006, a court challenge was upheld and the rule was vacated. S. 1402 and H.R. 2586 would reinstate the SEC's authority. H.R. 2… more
Date: July 2, 2007
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
open access

Campaign Finance and Prohibiting Contributions by Tax-Exempt Corporations: FEC v. Beaumont

Description: This report provides an analysis of the Court's decisions, including a brief discussion of possible implications for a pending Supreme Court case, McConnell v. FEC, which involves the constitutionality of the Bipartisan Campaign Reform Act (BCRA).
Date: July 16, 2003
Creator: Whitaker, L. Paige
Partner: UNT Libraries Government Documents Department
open access

The Global Financial Crisis: Analysis and Policy Implications

Description: The world has entered a global recession that is causing widespread business contraction, increases in unemployment, and shrinking government revenues. The process for coping with the crisis by countries across the globe has been manifest in four basic phases. The first has been intervention to contain the contagion and restore confidence in the system. The second has been coping with the secondary effects of the crisis, particularly the global recession and flight of capital from countries in … more
Date: July 2, 2009
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department
open access

Islamic Finance: Overview and Policy Concerns

Description: The international market for Islamic finance has grown between 10% to 15% annually in recent years. Islamic finance historically has been concentrated in the Persian Gulf countries, but has expanded globally to both Muslim and non-Muslim countries. There is a small but growing market for Islamic finance in the United States. Through international and domestic regulatory bodies, there has been effort to standardize regulations in Islamic finance across different countries and financial instituti… more
Date: July 29, 2008
Creator: Ilias, Shayerah
Partner: UNT Libraries Government Documents Department
open access

Auditing and Its Regulators: Proposals for Reform After Enron

Description: Auditors are regulated by both governmental agencies and professional organizations, though many now question whether this oversight is adequate. Enron’s auditor, Arthur Andersen, has been investigated by the U.S. Securities and Exchange Commission (SEC), several congressional committees, and other agencies, and it is facing numerous law suits. A federal jury convicted the firm on obstruction of justice charges on June 15, 2002. Other corporations and their auditors are also under scrutiny. Num… more
Date: July 11, 2002
Creator: Lyke, Bob
Partner: UNT Libraries Government Documents Department
open access

Auditing and Its Regulators: Proposals for Reform After Enron

Description: Auditors are regulated by both governmental agencies and professional organizations, though many now question whether this oversight is adequate. Enron’s auditor, Arthur Andersen, has been investigated by the U.S. Securities and Exchange Commission (SEC), several congressional committees, and other agencies, and it is facing numerous law suits. A federal jury convicted the firm on obstruction of justice charges on June 15, 2002. Other corporations and their auditors are also under scrutiny. Num… more
Date: July 16, 2002
Creator: Lyke, Bob
Partner: UNT Libraries Government Documents Department
open access

The Enron Collapse: An Overview of Financial Issues

Description: This report briefly examines the accounting system that failed to provide a clear picture of the firm’s true condition, the independent auditors and board members who were unwilling to challenge Enron’s management, the Wall Street stock analysts and bond raters who missed the trouble ahead, the rules governing employer stock in company pension plans, and the unregulated energy derivatives trading that was the core of Enron’s business. The report also describes related legislation that has recei… more
Date: July 24, 2002
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
open access

Campaign Finance Reform: A Legal Analysis of Issue and Express Advocacy

Description: Issue advocacy communications have become increasingly popular over the federal election cycles. Often these advertisements could be interpreted to favor or disfavor certain candidates, while also serving to inform the public about a policy issue. However, unlike communications that expressly advocate the election or defeat of a clearly identified candidate, the Supreme Court has ruled that issue ads are constitutionally protected First Amendment speech and cannot be regulated in any manner. Ac… more
Date: July 10, 2001
Creator: Whitaker, L. Paige
Partner: UNT Libraries Government Documents Department
open access

Trade Promotion Authority (TPA): Issues, Options, and Prospects for Renewal

Description: This report presents background on the development of TPA, a summary of the major provisions under the recently expired authority, and a discussion of the issues that have arisen in the debate over TPA renewal. It also explores the policy options available to Congress and will be updated as the congressional debate unfolds.
Date: July 12, 2007
Creator: Hornbeck, J. F. & Cooper, William H.
Partner: UNT Libraries Government Documents Department
open access

Risk Management and Critical Infrastructure Protection: Assessing, Integrating, and Managing Threats, Vulnerabilities and Consequences

Description: This report is meant to support congressional oversight by discussing, in more detail, what this task entails and issues that need to be addressed. In particular, the report defines terms (e.g., threat, vulnerability, and risk), discusses how they fit together in a systematic analysis, describes processes and techniques that have been used to assess them, and discusses how the results of that analysis can inform resource allocation and policy.
Date: July 17, 2007
Creator: Moteff, John
Partner: UNT Libraries Government Documents Department
open access

Financial Services and General Government (FSGG): FY2008 Appropriations

Description: This report is a guide to a new appropriations bill that Congress is considering for the first time this year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Financial Services and General Government. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity.
Date: July 20, 2007
Creator: Hatch, Garrett L.
Partner: UNT Libraries Government Documents Department
open access

The Depreciating Dollar: Economic Effects and Policy Response

Description: This report addresses the concern about the health of the U.S. economy regarding the depreciation of the dollar and examines the likely reasons for the dollar's fall, the effects the depreciating currency could have on the economy, and possible policy responses that could be considered to attempt to alter the dollar's path if needed.
Date: July 17, 2008
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department
open access

Public-Private Partnerships in Highway and Transit Infrastructure Provision

Description: This report begins with a brief discussion of the surface transportation system and its financing needs as background to the debate on public-private partnerships (PPPs). That is followed by sections describing the different types of PPPs, with details of a few prominent examples, and the development of federal legislation with respect to PPPs. The report then discusses the main issues of contention with the construction and longterm leasing of highways by the private sector, particularly as th… more
Date: July 9, 2008
Creator: Mallett, William J.
Partner: UNT Libraries Government Documents Department
Back to Top of Screen