One proposal would expand the state controller’s power to audit how local tax, fee and bond money is spent. Another would let the state target local agencies deemed at high risk of waste or fraud. State auditors would be given new power to dig into cities’ financial books to ferret out the kinds of fraud [...]
Posts Tagged ‘risk’
Bills would give California more power to probe fiscal abuse like Bell’s
February 9th, 2011
davidguide GM adds $2 billion in shares to pension plan
January 14th, 2011
davidguide Ayinde O. Chase – AHN News Editor Detroit, MI, United States (AHN) – General Motors issued a statement Friday confirming it has completed a contribution of 60.6 million shares of GM common stock to its U.S. hourly and salaried pension plans. The deal is valued at nearly $2 billion. The contribution completes the estimated $6 [...]
Deleveraging is changing attitudes to sovereign risk
December 7th, 2010
davidguide Investors will demand more fiscal prudence from bond issuers, writes Robert Parker, senior adviser to Credit Suisse View full post on All Stories
Double-dip recession a possible risk: IMF chief
December 3rd, 2010
davidguide The global economy faces a possible risk of double-dip recession as the recovery is uneven and fragile and most advanced economies are facing high unemployment rates, the International Monetary Fund (IMF) chief said here Thursday. View full post on All Stories
Unsecured High Risk Loan-here You Can Get Them Fast
November 28th, 2010
davidguide When you have a bad credit record the lender sees this as a pattern, and decides it is riskier to lend to you than extra people. If they choose to still lend to you, they raise the interest rates according to how much of a risk they feel they are taking. To make sure agreement [...]
Fed Chairman Bernanke On The Defensive In Germany
November 19th, 2010
davidguide Federal Reserve Chairman Ben Bernanke gave a speech in Germany Friday defending the Fed’s recent move to buy $600 billion in Treasury bonds. The move is called quantitative easing — the idea is to stimulate growth in an economy that Bernanke says is still at risk.? View full post on All Stories
SA is at risk of retracing Zimbabwe’s bloody path
November 16th, 2010
davidguide Would a President Julius Malema tolerate losing power in 10 years time, once he had clawed his way into office? ||| One doesn’t know if one is living in a democracy until an election is held, the governing party changes peacefully and one goes to work the following day seamlessly. Would a President Julius Malema [...]
High Risk Unsecured Very Bad Credit Personal Loans: Get Money Without Any Risk
October 6th, 2010
davidguide High Risk Unsecured extremely Bad Credit Personal Loans are totally for the people who are out of pocket and they are pain from bad credit record, other than need cash to meet unexpected expenses or to clear off the present debts. They can obtain High Risk Unsecured Very Bad Credit Personal Loans without difficulty being [...]
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