by steve on August 19, 2009
in General
House Democrats are probing the nation’s largest insurance companies for lavish spending, demanding reams of compensation data and schedules of retreats and conferences.
Letters sent to 52 insurance companies by Democratic leaders demand extensive documents for an examination of ‘extensive compensation and other business practices in the health insurance industry.” The letters set a deadline of Sept. 14 for the documents.
via Democratic investigators target health insurers – Carrie Budoff Brown and Mike Allen – POLITICO.com.
Welcome to the good ‘ole USofA.
by steve on June 22, 2009
in General
Two Democratic lawmakers are calling on Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery.
[...]
In a letter to the chief executives of Fannie and Freddie, Reps. Barney Frank, the Massachusetts Democrat who is chairman of the House Financial Services Committee [The Hon. Barney's fingerprints are all over this current mess. -ed.], and Anthony Weiner (D., N.Y.) warned that the 70% sales threshold “may be too onerous” and could lead condo buyers to shun new developments. The legislators asked the companies to “make appropriate adjustments” to their underwriting standards for condos.
via Changes Urged to Rules on Condo Loans – WSJ.com.
Isn’t government interference in business decisions largely to blame for the current state we’re in? If the pols would have kept their ignorant hands out of things, maybe we wouldn’t be as bad off as we are now.
The government-anointed judges of risk at Standard & Poor’s, Moody’s and Fitch inflicted upon investors the AAA-rated subprime mortgage-backed security. They also inflicted upon the world’s nest eggs the even more opaque AAA-rated collateralized debt obligation (CDO). Without the ratings agency seal of approval — required by SEC, Federal Reserve and state regulation for many institutional investors — it would have been nearly impossible to market the structured financial products at the heart of the crisis. Yet Team Obama suggests only that regulators reduce the agencies’ favored role “wherever possible.”
via A Triple-A Punt – WSJ.com.
by steve on May 28, 2009
in General
If you’re at all familiar with search engine optimization (SEO) as it relates to your traffic generation efforts, you know that if you want your individual pages to rank well in search engines they’ll need to have quite a few quality incoming links. That’s SEO 101.
While there are quite a few ways to do that, it takes a lot of time and effort. You request links from other site owners. They slap you down as a spammer. You build your social networks, traffic starts to trickle in.
It doesn’t have to be that way any more. Jonathan Leger, well known in the IM community for services like 3WayLinks, has done it again.
Visit “My Way Links” and check out his newest creation. It promises to be a killer SEO tool.
If you want GOOD incoming links, from GOOD sites, links that will pass on a little of their PR love to your pages, you owe it to yourself to check out Jonathan’s new program.
I don’t think you’ll be sorry.
