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Electronic and Transport Properties of Artificial Gold Chains (open access)

Electronic and Transport Properties of Artificial Gold Chains

Article on electronic and transport properties of artificial gold chains.
Date: August 27, 2004
Creator: Calzolari, Arrigo; Cavazzoni, Carlo & Buongiorno Nardelli, Marco
Object Type: Article
System: The UNT Digital Library

Eleven Days in Hell: the 1974 Carrasco Prison Siege in Huntsville, Texas

Access: Use of this item is restricted to the UNT Community
From one o’clock on the afternoon of July 24, 1974, until shortly before ten o’clock the night of August 3, eleven days later, one of the longest hostage-taking sieges in the history of the United States took place in Texas’s Huntsville State Prison. The ringleader, Federico (Fred) Gomez Carrasco, the former boss of the largest drug-running operation in south Texas, was serving life for assault with intent to commit murder on a police officer. Using his connections to smuggle guns and ammunition into the prison, and employing the aid of two other inmates, he took eleven prison workers and four inmates hostage in the prison library. Demanding bulletproof helmets and vests, he planned to use the hostages as shields for his escape. Negotiations began immediately with prison warden H. H. Husbands and W. J. Estelle, Jr., Director of the Texas Department of Corrections. The Texas Rangers, the Department of Public Safety, and the FBI arrived to assist as the media descended on Huntsville. When one of the hostages suggested a moving structure of chalkboards padded with law books to absorb bullets, Carrasco agreed to the plan. The captors entered their escape pod with four hostages and secured eight others to …
Date: August 15, 2004
Creator: Harper, William T.
Object Type: Book
System: The UNT Digital Library

Rattler One-Seven: A Vietnam Helicopter Pilot's War Story

Access: Use of this item is restricted to the UNT Community
Rattler One-Seven puts you in the helicopter seat, to see the war in Vietnam through the eyes of an inexperienced pilot as he transforms himself into a seasoned combat veteran. When Chuck Gross left for Vietnam in 1970, he was a nineteen-year-old Army helicopter pilot fresh out of flight school. He spent his entire Vietnam tour with the 71st Assault Helicopter Company flying UH-1 Huey helicopters. Soon after the war he wrote down his adventures, while his memory was still fresh with the events. Rattler One-Seven (his call sign) is written as Gross experienced it, using these notes along with letters written home to accurately preserve the mindset he had while in Vietnam. During his tour Gross flew Special Operations for the MACV-SOG, inserting secret teams into Laos. He notes that Americans were left behind alive in Laos, when official policy at home stated that U.S. forces were never there. He also participated in Lam Son 719, a misbegotten attempt by the ARVN to assault and cut the Ho Chi Minh Trail with U.S. Army helicopter support. It was the largest airmobile campaign of the war and marked the first time that the helicopter was used in mid-intensity combat, with …
Date: August 15, 2004
Creator: Gross, Chuck
Object Type: Book
System: The UNT Digital Library
Workplace Safety and Health: OSHA's Oversight of Its Civil Penalty Determination and Violation Abatement Processes Has Limitations (open access)

Workplace Safety and Health: OSHA's Oversight of Its Civil Penalty Determination and Violation Abatement Processes Has Limitations

A letter report issued by the Government Accountability Office with an abstract that begins "This report presents the findings of our study of the Department of Labor's Occupational Safety and Health Administration's (OSHA) determination of civil penalties and abatement of violations. The objective of the study was to assess the extent of OSHA's oversight of the civil penalty determination and the violation abatement processes. In addition, we developed a statistical model, known as a multivariate analysis, to better understand factors that influenced variation in penalty amounts. On July 7, 2004, we briefed Labor officials on the results of our study. This letter report formally conveys the information we presented at that briefing. To assess the extent of OSHA's oversight of the civil penalty determination and violation abatement processes, we (1) reviewed 2002 and 2003 regional audits from the five regions with the most inspections, (2) visited one of these regional offices and one area office within this region to interview officials and review documents and procedures, (3) conducted telephone interviews with the four remaining regional offices and one area office within each of those regions, (4) interviewed OSHA officials to identify relevant policies and procedures, and (5) reviewed relevant policies …
Date: August 13, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Commercial Aviation: Legacy Airlines Must Further Reduce Costs to Restore Profitability (open access)

Commercial Aviation: Legacy Airlines Must Further Reduce Costs to Restore Profitability

A letter report issued by the Government Accountability Office with an abstract that begins "Since 2001, the U.S. airline industry has confronted financial losses of previously unseen proportions. From 2001 to 2003, the industry lost $23 billion, and two of the nation's biggest airlines have gone into bankruptcy. To assist airlines, the Congress provided U.S. airlines with $7 billion of direct financial assistance--most recently in the form of $2.4 billion of financial assistance under the 2003 Emergency Wartime Supplemental Appropriations Act. Under the Act and its accompanying conference report, the conferees directed GAO to review measures taken by airlines to reduce costs, improve revenues and profits, and strengthen their balance sheets. The Congress also tasked airlines receiving assistance to report their cost-cutting plans to GAO. GAO was also required to report on the financial condition of the U.S. airline industry by Vision 100--Century of Aviation Reauthorization Act, which became law in January 2004. In consultation with the Congress, GAO agreed to satisfy these directives and report to the Congress on (1) the major challenges to the airline industry since 1998, (2) measures airlines report taking to remain financially viable, (3) the current financial and operating condition of the industry, and …
Date: August 11, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Job Access and Reverse Commute: Program Status and Potential Effects of Proposed Legislative Changes (open access)

Job Access and Reverse Commute: Program Status and Potential Effects of Proposed Legislative Changes

Correspondence issued by the Government Accountability Office with an abstract that begins "The Transportation Equity Act for the 21st Century (TEA-21) authorized the Job Access and Reverse Commute (JARC) program to increase the transportation options of low-income workers. The act created JARC, in part because, as the act states, two-thirds of all new jobs were located in the suburbs, while three-fourths of welfare recipients lived in rural areas or central cities, and even in metropolitan areas with excellent public transportation systems, less than half of the jobs were accessible by transit. Under JARC, the Federal Transit Administration (FTA) provides grants to transit agencies, local human service agencies, and others to fill gaps in transportation services for welfare recipients and other low-income individuals. Both houses of Congress have approved separate legislation to reauthorize surface transportation programs including JARC. TEA-21 also required us to provide regular updates on the status of JARC. This letter addresses (1) changes in program funding since fiscal year 1999 and the possible effects of further changes proposed in bills to reauthorize JARC, (2) the possible effects of proposed legislative changes to program coordination requirements, and (3) FTA's 2003 evaluation of the program and plans for future evaluations."
Date: August 20, 2004
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Border Security: Consular Identification Cards Accepted within United States, but Consistent Federal Guidance Needed (open access)

Border Security: Consular Identification Cards Accepted within United States, but Consistent Federal Guidance Needed

A letter report issued by the Government Accountability Office with an abstract that begins "Several state and local government agencies and financial institutions accept consular identification (CID) cards, which are issued by foreign governments to their citizens living abroad. Mexico issued more than 2.2 million CID cards in 2002-2003 and Guatemala issued approximately 89,000 from mid-2002 to 2003. Critics of CID cards say their acceptance facilitates the unlawful stay within the United States of undocumented aliens and may provide opportunities for terrorists to remain undetected in this country. GAO examined (1) the purpose of a CID card and how Mexican and Guatemalan CID cards are being used in the United States, (2) steps Mexico and Guatemala have taken to verify the identities of CID card applicants and incorporate security features in CID cards now used in the United States, and (3) the positions and policies of federal agencies regarding CID cards."
Date: August 24, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Homeland Security: Efforts Under Way to Develop Enterprise Architecture, but Much Work Remains (open access)

Homeland Security: Efforts Under Way to Develop Enterprise Architecture, but Much Work Remains

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of Homeland Security (DHS) is attempting to integrate 22 federal agencies, each specializing in one or more interrelated aspects of homeland security. An enterprise architecture is a key tool for effectively and efficiently accomplishing this. In September 2003, DHS issued an initial version of its architecture. Since 2002, the Office of Management and Budget (OMB) has issued various components of the Federal Enterprise Architecture (FEA), which is intended to be, among other things, a framework for informing the content of agencies' enterprise architectures. GAO was asked to determine whether the initial version of DHS's architecture (1) provides a foundation upon which to build and (2) is aligned with the FEA."
Date: August 6, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Federal-Aid Highways: Trends, Effect on State Spending, and Options for Future Program Design (open access)

Federal-Aid Highways: Trends, Effect on State Spending, and Options for Future Program Design

A letter report issued by the Government Accountability Office with an abstract that begins "In 2004, both houses of Congress approved separate legislation to reauthorize the federal-aid highway program to help meet the Nation's surface transportation needs, enhance mobility, and promote economic growth. Both bills also recognized that the Nation faces significant transportation challenges in the future, and each established a National Commission to assess future revenue sources for the Highway Trust Fund and to consider the roles of the various levels of government and the private sector in meeting future surface transportation financing needs. This report (1) updates information on trends in federal, state, and local capital investment in highways; (2) assesses the influence that federal-aid highway grants have had on state and local highway spending; (3) discusses the implications of these trends for the federal-aid highway program; and (4) discusses options for the federal-aid highway program."
Date: August 31, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Architect of the Capitol: Midyear Status Report on Implementation of Management Review Recommendations (open access)

Architect of the Capitol: Midyear Status Report on Implementation of Management Review Recommendations

A letter report issued by the Government Accountability Office with an abstract that begins "The Conference Report on the Consolidated Appropriations Resolution, 2003, directed GAO to monitor AOC's progress in implementing recommendations contained in GAO's management review of AOC's operations, issued in January 2003. This is the second status report in which GAO examines the actions taken by AOC to implement selected GAO recommendations. Additionally, the Consolidated Appropriations Resolution, 2003, mandated GAO to assess AOC's Chief Operating Officer's (COO) action plan. This report provides that assessment."
Date: August 31, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Public Key Infrastructure: Examples of Risks and Internal Control Objectives Associated with Certification Authorities (open access)

Public Key Infrastructure: Examples of Risks and Internal Control Objectives Associated with Certification Authorities

Correspondence issued by the Government Accountability Office with an abstract that begins "This letter is in response to a Congressional request that we examine our advice to executive branch agencies regarding commercial managed service public key infrastructure (PKI) solutions to see if the advice is consistent with current federal policy and private sector best practices. Specifically, over the past several years, staff from various agencies has asked for informal advice on these matters. Our informal advice was based on the control environment described to us by the agencies. This control environment, which is discussed later in this letter, resulted in the informal advice that the agencies may incur a greater burden in ensuring that a contract certification authority whose certificates are used in financial management applications has implemented an adequate system of internal controls than would be necessary if the certification authority were implemented internally. However, if agencies are willing to accept this potential increased burden by accepting and mitigating the potential risks (not all of which may be known and understood at this time) associated with commercial certification authorities contracting out, a certification authority may be able to provide the same level of security assurances as an internal certification …
Date: August 10, 2004
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Defense Management: Opportunities to Enhance the Implementation of Performance-Based Logistics (open access)

Defense Management: Opportunities to Enhance the Implementation of Performance-Based Logistics

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of Defense (DOD) is pursuing a policy that promotes performance-based logistics at the platform level as the preferred product support strategy for its weapon systems, based in part on DOD's perception that this is an industry best practice. GAO was asked to compare industry practices for activities using complex and costly equipment with life-cycle management issues similar to those of military systems to identify lessons learned that can be useful to DOD. This is the first of two reports addressing DOD's implementation of performance-based logistics and is intended to facilitate DOD's development of new guidance on the use of this approach."
Date: August 16, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Small Business: The National Veterans Business Development Corporation Faces Challenges in Planning for and Achieving Financial Self-sufficiency (open access)

Small Business: The National Veterans Business Development Corporation Faces Challenges in Planning for and Achieving Financial Self-sufficiency

A letter report issued by the Government Accountability Office with an abstract that begins "The National Veterans Business Development Corporation (The Veterans Corporation) was created under Pub. L. No. 106-50 to provide veterans with small business and entrepreneurship assistance. The Act authorized, and Congress has appropriated to the corporation, $12 million in funding over 4 years, ending September 30, 2004. The Act also required that The Veterans Corporation implement a plan to raise private funds and become a self-sustaining corporation. GAO evaluated the corporation's: (1) efforts in providing small business assistance to veterans; (2) internal controls, including strategic planning; and (3) progress in becoming financially self-sufficient."
Date: August 30, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Comprehensive Outpatient Rehabilitation Facilities: High Medicare Payments in Florida Raise Program Integrity Concerns (open access)

Comprehensive Outpatient Rehabilitation Facilities: High Medicare Payments in Florida Raise Program Integrity Concerns

A letter report issued by the Government Accountability Office with an abstract that begins "Comprehensive Outpatient Rehabilitation Facilities (CORF) are highly concentrated in Florida. These facilities, which provide physical therapy, occupational therapy, speech-language pathology services, and other related services, have been promoted as lucrative business opportunities for investors. Aware of such promotions, the Chairman, Senate Committee on Finance, raised concerns about whether Medicare could be vulnerable to overbilling for CORF services. In this report, focusing our review on Florida, we (1) compared Medicare's outpatient therapy payments to CORFs in 2002 with its payments that year to other facility-based outpatient therapy providers and (2) assessed the program's effectiveness in ensuring that payments to CORFs complied with Medicare rules."
Date: August 12, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Electricity Markets: Consumers Could Benefit from Demand Programs, but Challenges Remain (open access)

Electricity Markets: Consumers Could Benefit from Demand Programs, but Challenges Remain

A letter report issued by the Government Accountability Office with an abstract that begins "The efficient and reliable functioning of the more than $200 billion electric industry is vital to the lives of all Americans. As demonstrated in the 2003 black- out in the Northeast and the 2001 energy crisis in the West, changes in the cost and availability of electricity can have significant impacts on consumers and the national economy. The Federal Energy Regulatory Commission (FERC) supports using demand-response programs as part of its effort to develop and oversee competitive electricity markets. GAO was asked to identify (1) the types of demand-response programs currently in use, (2) the benefits of these programs, (3) the barriers to their introduction and expansion, and (4) instances where barriers have been overcome. Additionally, GAO examined the federal government's participation in these programs through the General Services Administration (GSA)."
Date: August 13, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Information Technology: FAA Has Many Investment Management Capabilities in Place, but More Oversight of Operational Systems Is Needed (open access)

Information Technology: FAA Has Many Investment Management Capabilities in Place, but More Oversight of Operational Systems Is Needed

A letter report issued by the Government Accountability Office with an abstract that begins "The Federal Aviation Administration's (FAA) mission is to promote the safe, orderly, and expeditious flow of air traffic in the United States airspace system, commonly referred to as the National Airspace System (NAS). To maintain its ability to effectively carry out this mission FAA embarked, in 1981,on a multi-billion dollar effort to modernize its aging air traffic control (ATC) system, the principle technology component of the NAS. Yet the NAS modernization has continued to be plagued by cost increases, schedule delays, and performance shortfalls. To gain insight into how FAA is meeting its management challenges, congressional requesters asked GAO to evaluate FAA's processes for making IT investment management decisions. The objectives of this review included (1) evaluating FAA's capabilities for managing its IT investments and (2) determining what plans, if any, the agency might have for improving these capabilities."
Date: August 20, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
FBI Transformation: Data Inconclusive on Effects of Shift to Counterterrorism-Related Priorities on Traditional Crime Enforcement (open access)

FBI Transformation: Data Inconclusive on Effects of Shift to Counterterrorism-Related Priorities on Traditional Crime Enforcement

A letter report issued by the Government Accountability Office with an abstract that begins "As a result of the terrorist attacks of September 11, 2001, the Federal Bureau of Investigation (FBI) has committed to a transformation to increase its focus on national security. The FBI has shifted agent resources to its top priorities of counterterrorism, counterintelligence, and cyber crime. Some of these agent resources were shifted away from drug, white-collar, and violent crime enforcement programs. The FBI's drug program has sustained, by far, the largest reduction in FBI agent workforce--about 550 positions, or more than 80 percent of the nonsupervisory field agents who were permanently reprogrammed. In addition, the FBI has had a continuing need to temporarily redirect agents from drug, white-collar, and violent crime enforcement to address counterterrorism-related workload demands. While GAO and other organizations have focused considerable attention on the progress of the FBI's transformation, this report addresses questions about the extent to which the shift in resources has affected federal efforts to combat drug, white-collar, and violent crime and whether other agencies, including the Drug Enforcement Administration (DEA) in the drug enforcement area, are filling gaps created by FBI resource shifts."
Date: August 31, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
District of Columbia Jail: Management Challenges Exist in Improving Facility Conditions (open access)

District of Columbia Jail: Management Challenges Exist in Improving Facility Conditions

A letter report issued by the Government Accountability Office with an abstract that begins "The District of Columbia's Jail and Correctional Treatment Facility (CTF), which are the District's detention facilities for misdemeanant and pretrial detainees, have been repeatedly cited for violations of health and safety standards. The Jail also has had problems with releasing inmates before or after their official release date, in part, because of inaccuracies in its electronic inmate records. As a follow-on to problems at the Jail reported in 2002 by the District's Inspector General, GAO addressed the following questions: (1) What are the results of recent health and safety inspections? (2) What is the status of the Jail's capital improvement projects, and what policies and procedures does the Department of Corrections (DoC) use in managing the projects? and (3) What progress has been made in improving electronic inmate records at the Jail?"
Date: August 27, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Small Business Administration: SBA Followed Appropriate Policies and Procedures for September 11 Disaster Loan Applications (open access)

Small Business Administration: SBA Followed Appropriate Policies and Procedures for September 11 Disaster Loan Applications

A letter report issued by the Government Accountability Office with an abstract that begins "The Small Business Administration (SBA) played a key role in assisting small businesses affected by the September 11, 2001 terrorist attacks by providing over $1 billion in disaster loans to businesses that sustained physical damage or economic injury. Small businesses in the immediate areas of the attacks and others nationwide that suffered related economic injury were eligible to apply for disaster loans. SBA declined or withdrew about half of these loan applications. SBA's disaster loans are direct federal government loans provided at a subsidized interest rate. In response to concerns that more small businesses impacted by September 11 could have benefited from SBA's disaster loans, GAO conducted a review of its Disaster Loan Program. Specifically, GAO addressed the following questions: (1) Are the disaster program policies consistent with the law and the overall mission of SBA's Disaster Loan Program? (2) What were SBA's underwriting policies and criteria for September 11 Economic Injury Disaster Loans (EIDL) and how did they compare with those applied by nonprofit lenders that were active in New York City after September 11? (3) Did SBA correctly apply its policies and procedures in …
Date: August 31, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Credit Unions: Available Information Indicates No Compelling Need for Secondary Capital (open access)

Credit Unions: Available Information Indicates No Compelling Need for Secondary Capital

A letter report issued by the Government Accountability Office with an abstract that begins "Since the passage of the Credit Union Membership Access Act of 1998 (CUMAA), many in the credit union industry have sought legislative changes to the net worth ratio central to prompt corrective action (PCA). The current debate centers on the issue of allowing federally insured credit unions to include additional forms of capital within the definition of net worth. In light of the issues surrounding the debate, GAO reviewed (1) the underlying concerns that have prompted the credit union industry's interest in making changes to the current capital requirements, (2) the issues associated with the potential use of secondary capital in all federally insured credit unions, and (3) the issues associated with the potential use of risk-based capital in all federally insured credit unions."
Date: August 6, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Military Pay: Army Reserve Soldiers Mobilized to Active Duty Experienced Significant Pay Problems (open access)

Military Pay: Army Reserve Soldiers Mobilized to Active Duty Experienced Significant Pay Problems

A letter report issued by the Government Accountability Office with an abstract that begins "In light of GAO's November 2003 report highlighting significant pay problems experienced by Army National Guard soldiers mobilized to active duty in support of the global war on terrorism and homeland security, GAO was asked to determine if controls used to pay mobilized Army Reserve soldiers provided assurance that such payments are accurate and timely. GAO's audit used a case study approach to focus on controls over three key areas: processes, people (human capital), and automated systems."
Date: August 20, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Tax Administration: IRS Needs to Consider Options for Revising Regulations to Increase the Accuracy of Social Security Numbers on Wage Statements (open access)

Tax Administration: IRS Needs to Consider Options for Revising Regulations to Increase the Accuracy of Social Security Numbers on Wage Statements

A letter report issued by the Government Accountability Office with an abstract that begins "Inaccurate social security numbers (SSN) on wage statements contribute to growth in the Social Security Administration's (SSA) Earnings Suspense File, increase the Internal Revenue Service's (IRS) workload to ensure that wages are properly identified for those earning them, and burden individuals who must work with SSA and IRS to resolve disputes that may affect their social security benefits and tax obligations. IRS's ability to penalize employers for submitting inaccurate SSNs on wage statements is intended to promote SSN accuracy. Items GAO was asked to describe included: (1) the statutory provisions authorizing IRS to penalize employers who file wage statements with inaccurate SSNs; (2) IRS's program to penalize such employers; and (3) the extent IRS's program meets legislative requirements, the likelihood of any penalties, and any program changes being considered."
Date: August 31, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Student Consolidation Loans: Further Analysis Could Lead to Enhanced Default Assumptions for Budgetary Cost Estimates (open access)

Student Consolidation Loans: Further Analysis Could Lead to Enhanced Default Assumptions for Budgetary Cost Estimates

A letter report issued by the Government Accountability Office with an abstract that begins "The number of borrowers consolidating their federal student loans has increased substantially in recent years, with the total amount of loans being consolidated rising from $13 billion in fiscal year 1999 to over $41 billion in fiscal year 2003. This increase in consolidation loan volume and recent interest rate trends have increased the overall estimated long-term cost to the federal government of providing consolidation loans under the Department of Education's (Education) two major student loan programs--the Federal Family Education Loan Program (FFELP) and the William D. Ford Federal Direct Loan Program (FDLP). GAO is providing information on (1) the differences that exist between FFELP and FDLP consolidation loans and borrowers, (2) the extent to which borrowers with student loans under one program obtain consolidation loans under the other, and (3) how FFELP and FDLP borrower and loan characteristics and the movement of loans between the two programs are incorporated into Education's budgetary cost estimates for consolidation loans."
Date: August 20, 2004
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Environmental Disclosure: Briefing on GAO's Findings and Recommendations (open access)

Environmental Disclosure: Briefing on GAO's Findings and Recommendations

Correspondence issued by the Government Accountability Office with an abstract that begins "The Securities and Exchange Commission's (SEC) primary mission is to protect investors and the integrity of securities markets. Among other things, SEC regulations require companies to file reports with SEC disclosing information that would be considered "material" to a reasonable investor. A matter is material if there is a substantial likelihood that a reasonable person would consider it important. Environmental risks and liabilities are among the conditions that, if undisclosed, could impair the public's ability to make sound investment decisions. For example, the discovery of extensive hazardous waste contamination at company-owned facilities could expose a company to hundreds of millions of dollars in cleanup costs, while impending environmental regulations could affect a company's future financial position if the company were required to shut down plants or invest in expensive new technology. To monitor companies' disclosures, SEC reviews their filings and issues comment letters requesting revisions or additional information, if needed. Although the Environmental Protection Agency (EPA) does not have a direct role in monitoring environmental disclosures, the agency notifies companies of potential disclosure obligations and periodically shares relevant information with SEC. The report addresses (1) key stakeholders' views …
Date: August 4, 2004
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library