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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Looking Back at 2012 Every year, I usually write about the past year with mixed feelings, at times nostalgic for those events and at times, glad that the year is over. 2012 brought us highs, lows, and surprises. Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently.

Taxes 70
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FSB: No Govt Contracts For Big UK Firms That Pay Late

PYMNTS

According to Financial Times ( FT ), FSB National Chairman Mike Cherry said that, despite a number of government initiatives over the past several years to address late payments, the situation has only gotten worse. Our members are providing the working capital of big companies.”. Cross-Border Invoicing Initiatives.

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Lending to nonprofits: Considerations for credit analysis

Abrigo

nonprofits are also opaque, considering only a small percentage is required to file some version of Form 990, the return for organizations exempt from income tax. Based on filings with the IRS, however, reporting nonprofits’ revenues and assets grew more quickly between 2012 and 2013 than did their expenses, the Urban Institute said.

Analysis 150
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What’s Up With SMEs: Payments Fraud, Mobile Lending, And Inflation

PYMNTS

New data from Capital One found that half of SMEs surveyed said they are optimistic about current business conditions, up 9 percent from a year ago. Half also said they expect those conditions to improve in the next six months — the highest level since spring 2012, the bank said. Small business optimism in the U.S.

Fraud 100
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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. Bhutan, a Buddhist nation between India and China, began calculating the Gross National Happiness, or “GNH,” Index in 1972.

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Politics: Can We All Just Get Along?

Jeff For Banks

I think capitalism is a better solution than socialism, as the latter creates so much more of an underclass. I wouldn't stop companies from paying executives so much, but would insist on transparency and not allow a company to deduct executive comp that is greater than some multiple of company average compensation on their Federal taxes.

Taxes 60
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The US Leads In Foreign Investments To Indian Startups

CB Insights

Activity was spearheaded by Mumbai-based seed-stage venture fund Blume Ventures, which has been the most active investor (by unique companies invested in) in Indian startups since 2012. We include Mauritius, an island nation off the coast of Madagascar, in our definition of India-based investors.

US 34