Archive for June, 2008

Revenue Watch Tells Lawmakers: Disclosure Fosters Security and Economic Stability

SEC Rule Change for Extractive Industries Will Protect U.S. Interests and Combat Corruption Abroad In testimony on Thursday before the House Committee on Financial Services, the Revenue Watch Institute urged lawmakers to bolster energy security at home and fight corruption abroad through new reporting standards for the oil, gas and mining industries. The low-cost rule [...]

Proposed Home Valuation Code of Conduct Will Harm Consumers and Significantly Limit Role of Independent Appraisers

Congress Urged to Safeguard Key Role of Independent Appraisers A plan under consideration in Washington will drastically curtail the valuable role of independent appraisals in home sales and harm consumers. The plan, known as the Home Valuation Code of Conduct (HVCC), was designed to prevent lenders and mortgage brokers from coercing appraisers into providing inflated [...]

Merchants Say That Visa Fee Cut is Less Than Meets the Eye

Visa’s announcement yesterday regarding new interchange policies on gasoline sales shows that interchange fees raise gas prices, but it’s not clear what else the announcement means. If Visa is willing to admit that interchange fees are causing added pain at the pump, why won’t it admit its role in rising food and other consumer prices? [...]

Boeing 737 Component Services Program to Help Caribbean Airlines Cut Costs

Boeing (NYSE:BA) has welcomed Caribbean Airlines, Ltd., into the Boeing 737 Component Services Program (CSP), a materials management and supply-chain solution designed to help airlines reduce costs, enhance efficiency and improve spare parts availability. Under the new agreement, Boeing will manage spare parts and components inventory for the Trinidad and Tobago-based airline until the parts [...]