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28 Resources for

Governor

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Washington State to Discuss Countrywide Probe
NEW YORK (Reuters) - The governor of Washington state plans to hold a news conference on Wednesday to "address allegations of repeated discriminatory lending practices" by Countrywide Financial Corp CFC, the governor's office said in a press advisory. The alleged activity...
Tags: Governor, Countrywide Financial Corp., conference, New York, Thomson Reuters Corp., financial
News items 2008-06-25
NY Governor Sees Wall Street Bonus Cuts
ALBANY, New York (Reuters) - Wall Street banks and brokerages may cut bonuses for their highly-paid workers by some 20 percent this year, New York Gov. David Paterson said on Monday, estimating that each 10 percent reduction in bonus pay costs...
Tags: Taxes, Free trade, Construction, HEALTHCARE, payroll solutions, Benefits, Albany, Governor, Medicaid, Bear Stearns & Co. Inc., New York, Lehman Brothers Inc., brokerage, tax, wall, bond, food price, income, income tax, worker, health insurance, financial, Thomson Reuters Corp.
News items 2008-07-21
Condominium at 77 Governors Road
The Condominium at 77 Governors Road in Dundas brings higher-quality design and construction to the speculative condominium market. This building, owned by Urban Horse Developments, is the first phase of a larger Spencer Creek Development located on a 0.5 ha abandoned industrial site. Project architects McCallum Sather Architects Inc. of...
Tags: condominium, Governor, benefit
Case studies
Central Bankers on High Alert Against Inflation
By Krista Hughes and Natsuko Waki BASEL, Switzerland (Reuters UK) - Central bankers issued a stern warning on Sunday against the dangers of surging inflation, saying rising energy costs risk damaging growth in rich and poor countries alike. Policymakers attending talks at the annual meeting of...
Tags: Bank, Banker, Governor, Inflation, Currency & Foreign Exchange, Finance, Oukbs
News items 2008-06-29
Central Bankers Unite Vs Inflation
By Krista Hughes and Natsuko Waki BASEL, Switzerland (Reuters) - Central bankers issued a stern warning on Sunday against the dangers of surging inflation, saying rising energy costs risk damaging growth in rich and poor countries alike. Policymakers attending talks at the annual...
Tags: Currency & Foreign exchange, Financial accounting, Financial services, Asset management, Investment, inflation, financial market, Bank for International Settlements, interest rate, bond, policymaker, financial, bank, commodity price, asset price, asset, liquidity, U.S., st
News items 2008-06-29
How Leaders Go Bad (i.e. Spitzer)
Two interesting views on the career suicide of former New York Governor Eliot Spitzer. Writing in BusinessWeek, Harvard Business School professor Bill George fits Spitzer into a failed leadership type he terms "rationalizer." I believe Spitzer's profile closely fits the rationalizer, one who gets so caught...
Tags: Sean Silverthorne, Spitzer, leadership, leader
Blog posts 2008-03-20
Crisis Management Strategy: Prayer?
The south's drying out in a drought, and government officials are starting to wonder if the devil went down to Georgia. Sonny Perdue, the state's governor, is doing everything in his power -- including invoking a higher one -- to combat the drought. Today he'll join lawmakers and ministers on the...
Tags: Leadership, Financial accounting, Lori Deschene, crisis management, drought, Sonny Perdue, Prayer
Blog posts 2007-11-13
Are Longer Bankruptcies Really More Costly?
We test the widely held assumption that longer restructurings are more costly. In contrast to earlier studies, we use instrumental variables to control for the endogeneity of restructuring time and creditor return. Instrumenting proves critical to our finding that creditor recovery rates increase with duration for roughly 1½ years following...
Tags: Litigation, bankruptcy, benefit
White papers 2006-06-01
Mapping Uncharted Issues
The World Economic Forum piloted a new poll in December 2005 with Food & Beverage, Consumer Goods and Retail Governors to find out what was on their minds. By January 12, 2005, 19 Governors had responded, and their top five interests included the falling dollar, doing business in China and...
Tags: Bain & Co., Governor, food, marketing, industry
White papers 2005-01-27
Global Financial Integration: A Collection of New Research
This paper summarizes and draws together the work reported in eight research papers written by staff economists of the BoardÆs Division of International Finance as part of a project on global financial integration. The eight papers are also International Finance Discussion Papers, the numbers of which are specified on the...
Tags: Financial accounting, financial integration, finance, financial
White papers 2004-10-01
Cash Flows and Discount Rates, Industry and Country Effects, and Co-Movement in Stock Returns
This paper examines the relative importance of global, country-specific, and industry specific factors in both the cash flow and discount rate components of equity returns between 1995 and 2003. The framework draws upon previously separate literatures on country versus industry effects and (forward- looking) cash flow versus discount rate components...
Tags: Strategy, Investment, cash flow, industry, stock, equity
White papers 2004-09-01
Look at Me Now: The Role of Cross-Listing in Attracting U.S. Investors
This paper uses a comprehensive 1997 survey to examine U.S. investors' preferences for foreign equities. It provides a variety of firm characteristics that can influence U.S. investment, but the most important determinant is whether the stock is cross-listed on a U.S. exchange. All else equal, the paper finds that firms...
Tags: Financial accounting, Investment, Financial services, U.S., investor, equity, accounting, survey, stock
White papers 2004-08-01
Is the Corporate Loan Market Globally Integrated? A Pricing Puzzle
The study offers evidence that interest rate spreads on syndicated loans to corporate borrowers are economically significantly smaller in Europe than in the U.S., other things equal. Differences in borrower, loan and lender characteristics associated with equilibrium mechanisms suggested in the literature do not appear to explain the phenomenon. Borrowers...
Tags: Pricing, Marketing research, Financial services, borrower, pricing strategy, interest rate, bank
White papers 2004-07-28
Capital Controls and the International Transmission of U.S. Money Shocks
This paper assess whether capital controls effectively insulate countries from U.S. monetary shocks, looking simultaneously at a large range of country experiences in a unified estimation framework. The paper estimates the effect of identified U.S. monetary shocks on the exchange rate and foreign country interest rates, and test whether countries...
Tags: interest rate, U.S.
White papers 2003-09-01
Does Mortgage Hedging Amplify Movements In Long-term Interest Rates?
The growth of the mortgage market in recent years has raised the question of what effects, if any, the hedging of mortgage portfolios has on the behavior of long-term interest rates. This paper finds that the volatility of the ten-year swap rate implied by swaptions increases when the prepayment risk...
Tags: Mortgages, volatility, interest rate
White papers 2003-08-01
Monetary Policy And The Economic Outlook
The subpar performance of the U.S. economy extended into the first half of 2003. Although accommodative macroeconomic policies and continued robust productivity growth helped to sustain aggregate demand, businesses remained cautious about spending and hiring. The Federal Reserve expects economic activity to strengthen later this year and in 2004, in...
Tags: Currency & Foreign exchange, inflation, economic activity, hiring, financial, performance
White papers 2003-07-15
U.S. Investor's Emerging Market Equity Portfolios: A Security-Level Analysis
This paper analyzes a unique data set and uncovers a remarkable result that casts a new light on the home bias phenomenon. The data are comprehensive, security-level holdings of emerging market equities by U.S. investors. It documents, as expected, that at a point in time U.S. portfolios are tilted towards...
Tags: Marketing research, Financial services, emerging market, U.S., equity, benefit
White papers 2003-07-01
Putting I.T. on the Short List
Advanced technology offers state governments one of the best tools to drive through this change by its ability to cut costs, enhance service delivery and create a citizen-centered government. For this reason, information technology should be a key component of each governor's management agenda. But beyond this bold statement about...
Tags: Deloitte & Touche, Governor, information technology, tool
White papers 2003-05-14
The Effects of War Risk on U.S. Financial Markets
These paper measures the effects of the risks associated with the war in Iraq on various U.S. financial variables using a heteroskedasticity based estimation technique. The results indicate that increases in what we call the “war risk” factor caused declines in Treasury yields and equity prices, a widening of lower-grade...
Tags: equity, financial
White papers 2003-04-23
Spillovers Across U.S Financial Markets
Movement in the prices of assets is likely to directly influence one another. This paper develops a model that identifies the contemporaneous interactions between asset prices in the U.S financial markets by relying on the hetroskedascticity in their movements. In particular it estimates a structural form GARCH model that includes...
Tags: Asset management, Financial Planning, Financial services, Investment, asset price, asset, risk management, interest rate, stock market, accounting, stock
White papers 2003-04-23
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