OAKS, Pa., Oct. 18 /PRNewswire-FirstCall/ -- According to an SEI white paper released today, improving compliance risk assessment and program testing should be top priorities for Chief Compliance Officers (CCOs). The paper reflects the SEC's increased focus on and scrutiny of compliance programs throughout the industry over the past year. .
Source link: http://money.cnn.com/news/newsfeeds/articles/prnewswire/NETH00218102007-1.htm
They ve been with us so long, we take them for granted, but plastic shopping bags were introduced as recently as 1977. It has been estimated that the world s annual consumption of plastic bags has reached almost a trillion, and 53 percent of those come from grocery stores. To combat the profusion of plastic, paper bags were re-introduced as an environmentally friendlier alternative. But are they?Though plastic bags are convenient and cheap, they do not biodegrade; they only photodegrade. That process, in which sunlight breaks down plastic into smaller and smaller pieces, can take up to a thousand years.Plastic bags use up natural resources, consume petroleum in order to be manufactured, create litter, choke marine life and add to landfill waste.Paper bags, though biodegradable, take more than four times as much energy to manufacture (which in turn produces greenhouse gases) than plastic bags.
Source link: http://www.brentwoodpress.com/article.cfm?articleID=17896
This week, the U.S. Treasury bullied Prince and some of his Wall Street buddies into creating a new fund, the snappily named Master Liquidity Enhancement Conduit. M-LEC is designed to keep the Structured Investment Vehicle waltz upright by reviving the asset-backed commercial-paper market, which has shrunk by a quarter in the past 10 weeks amid a buyer's strike. .
Source link: http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_gilbert&sid=a.ulmtkOVNG8
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