... compelling interest. These tests will generally identify an individual personal characteristic such as laziness, propensity to steal, and even sympathy to unions. 2. Polygraphs and Lie detector tests - Federal law restricts the use of such test. However, under extremely limited circumstance, such test may be performed on prospective employees of security guard firms, employees involved with handling of ... of phone calls. In either case, whenever an employer realizes that the call is of personal nature the monitoring must immediately cease. 6. Inspection of persons and property - Employ...

• Word Count: 2564
• Approx Pages: 10
• Grade Level: Undergraduate

... other big banks that face similar situations (Schwartz). The Bank of America settlement involves more than 20 investors, including asset managers Pimco, Metropolitan Life and BlackRock, as well as the Federal Reserve Bank of New York. They hold a combined $100 billion in home loans from mortgage-backed securities from Bank of America, the nation's biggest bank by assets. The securities affected by ... are also looking for reimbursement. They say that the original mortgages were underwritten with false information and did not conform to normal standards (Schwartz). Sheila C. Bair, the ch...

• Word Count: 793
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

... to enact an economic stimulus package, the potential GDP growth rates "have been revised downwards" and, therefore, "unemployment rate would continue at 6 percent for the rest of 2002". "The Federal Reserve reduced the federal funds rate for the third time since September 11 to 1.75 percent on December 31, the eleventh cut in 2001". Despite the drastic cuts, however, long-term interest rates ... ...

• Word Count: 616
• Approx Pages: 2
• Grade Level: Undergraduate