Background Capital Markets is responsible for the management and disposition of securities, syndicated loans, syndicated limited partnerships, and Qualified Financial Contracts. A Capital Markets Functional Manager shall be assigned, in advance, to each failing institution. That specialist has the responsibility to identify the appropriate assets, remove any liens or encumbrances, inform the appropriate Capital Markets sales team, and make sure that the assets are managed properly until such time as sold, all subject to the appropriate delegated authority. The Manual FDIC’s DRR Capital Markets Policies and Procedures Manual, November 18, 2011 [130 Pages, 1.9MB] https://documents.theblackvault.com/documents/financial/FDICCapitalMarketsManual.pdf
Author: John Greenewald
Background This report contains the attestation review reports of the U.S. Department of Justice’s Assets Forfeiture Fund, Criminal Division, Drug Enforcement Administration, Federal Bureau of Prisons, Office of Justice Programs, Offices of the United States Attorneys, Organized Crime Drug Enforcement Task Forces Program, and United States Marshals Service’s annual accounting of drug control funds and related performance for the fiscal year ended September 30, 2016. The Office of the Inspector General performed the attestation reviews. The report and annual detailed accounting of funds obligated by each drug control program agency are required by 21 U.S.C. §1704(d), as implemented by the…
Background Dick Clark’s New Year’s Rockin’ Eve (NYRE) is an annual New Year’s Eve television special broadcast by ABC. The special broadcasts from New York City’s Times Square, and prominently features coverage of its annual ball drop event, along with live and pre-recorded musical performances by popular musicians from Times Square and Hollywood, respectively. Dick Clark hosted New Year’s Rockin’ Eve annually from 1973 through 2004, and served as a Times Square correspondent alongside Peter Jennings for ABC News’s special coverage of year 2000 celebrations. The complications of a stroke suffered by Clark in December 2004 had a major effect…
Background The Board of Governors of the U.S. Postal Service is comparable to a board of directors of a publicly held corporation. The Board normally consists of up to nine governors appointed by the President of the United States with the advice and consent of the Senate. The nine governors select the Postmaster General, who becomes a member of the Board, and those 10 select the Deputy Postmaster General, who also serves on the Board. The Postmaster General serves at the pleasure of the governors for an indefinite term and the Deputy Postmaster General serves at the pleasure of the…
Background Excerpt: The origins of the Naval Criminal Investigative Service (NCIS) date from a Navy “General Plan” prepared in 1915, which assigned to Naval Intelligence the task of securing information on the navies of probable enemies. The plan contemplated obtaining information by both overt and covert means, and, in the fall of 1916, the first branch office (a small undercover unit) was established in New York City under the supervision of the Office of Naval Intelligence (ONI). Heavy reliance was placed on reserve, active duty, and civilian operatives, many of the latter serving voluntarily and without pay. The office served…