Assistant House Majority Leader Andre Cushing, R-Hampden, has been selected to serve as chairman of a new Blue Ribbon Commission on Affordable Housing. The 17-member panel will study Maine's housing situation and "develop a plan to maximize investments to meet a number of severe problems in the state," according to the House Republican Office.
There will be a 4-day meeting of the Federal Insecticide, Fungicide, and Rodenticide Act Scientific Advisory Panel (FIFRA SAP) to consider and review scientific issues concerning chlorpyrifos health effects.
NEW YORK (Reuters) - An arbitration panel found Socit Gnrale SA liable for $153 million in damages and interest stemming from a dispute with a fund manager over how to value a derivative instrument that matured during the 2008 financial crisis. The ruling ranks as one of the largest ever awarded by a Financial Industry Regulatory Authority arbitration panel, securities lawyers said.
In an panel discussion, several financial services executives shared their views on "the Ideal Basel." Michael Roster, former Executive VP and General Counsel, Golden West Financial, said that the Ideal Basel is probably one that management, boards of directors, regulators and the markets understand. Karen Shaw Petrou, managing partner of Federal Financial Analytics, said that it has been suggested that perhaps they should just keep the Basel I regime in place with its leverage requirement, but she thinks they will find that increasingly dangerous precisely because the cycle is turning. Wayne Abernathy, the Executive Director for Financial Institutions Policy and Regulatory Affairs at the American Bankers Association, said that the idea behind Basel I was that you should have one set of...
This article examines the macroeconomic factors influencing the flow of remittances to selected English-speaking Caribbean countries. A balanced two way fixed effects (FE) model, a random effects (RE) model and the adjusted fully modified ordinary least squares (FMOLS) model (designed to correct biases in OLS)are employed in estimating a relationship between per capita remittances and selected macroeconomic variables. This article also examines the time series properties of the data within a panel unit root and cointegration framework and in this respect, adds an important new dimension to the time series models on remittances by removing the possibility of a spurious relationship (Pedroni 1995,1997, 2000). The results strongly suggest that there is cointegration among the variables, an...
There will be a 4-day meeting of the Federal Insecticide, Fungicide, and Rodenticide Act Scientific Advisory Panel (FIFRA SAP) to consider and review Problem Formulation for the Reassessment of Ecological Risks from the Use of Atrazine.
This paper provides a comprehensive study of the causality between pay and performance for professional sports teams. By using the total salary payment, as well as the dispersion of salary payment of the baseball teams in Taiwan, we engage in a simultaneous regression of a Granger Causality Test for each team's salary structures and their corresponding performance. Our empirical results show that the causality only runs from the dispersion of salary payment to team performance, and not vice versa. As such, both the tournament hypothesis, which emphasizes the effect of salary dispersion, and the Yankee paradox, which proposes the negative externality for a team with high payroll, are thus confirmed. The one-way causality results suggest that teams must rely more on internal wage adjustme...
There will be a 3-day meeting of the Federal Insecticide, Fungicide, and Rodenticide Act Scientific Advisory Panel (FIFRA SAP) to consider and review Common Effects Assessment Methodology developed in the Office of Pesticide Programs and Office of Water.
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