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Statement from Federal Open Market Committee's November meeting

  • Alston & Bird LLP
  • -
  • USA
  • -
  • November 4 2009

Today, the Federal Reserve's Federal Open Market Committee (FOMC) released a statement addressing the present state of the U.S. economy and prospects for changes in the Federal Reserve's open market activities

Treasury releases twentieth Section 105(a) progress report

  • Alston & Bird LLP
  • -
  • USA
  • -
  • July 13 2010

Yesterday, Treasury released its latest monthly progress report to Congress on the Troubled Asset Relief Program (TARP

Dodd requests DOJ investigation of Lehman over accounting manipulation

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 22 2010

On Friday, Senate Banking Committee Chairman Chris Dodd (D-CT) sent a letter to U.S. Attorney General Eric Holder requesting an "investigation" of the activities at Lehman Brothers Holdings, Inc. (Lehman) and other companies that "may have engaged in accounting manipulation."

Federal Reserve adopts final rules restricting fees and expiration of prepaid gift cards

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 23 2010

Today, the Federal Reserve adopted final rules to restrict the ability of issuers of certain prepaid products, primarily retail gift cards, to impose dormancy, inactivity, or service fees and expiration dates unless certain conditions are satisfied