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Performance and Accountability Report - Fiscal Year 2007 (NUREG-1542 ...

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Table of Contents A Message from the Chairman

Chapter 1: Management's Discussion and Analysis

Introduction About the NRC Program Performance Overview Program Performance Results Future Challenges President's Management Agenda Financial Performance Overview Systems, Controls, and Legal Compliance

Chapter 2: Program Performance

Measuring and Reporting Performance Goals and Performance Measures Industry Trends Addressing the President's Management Agenda Costing to Goals, Part Reviews, and Program Evaluations Program Assessment Rating Tool Program Evaluations Data Sources and Quality

Chapter 3: Financial Statements and Auditors' Report

A Message from the Chief Financial Officer Principal Statements Notes to Principal Statements Required Supplementary Information Auditors' Reports Independent Auditors' Report on the Financial Statements Management's Response to the Independent Auditors' Report on the Financial Statements

Appendices

A Inspector General's Assessment of the Most Serious Management and Performance Challenges Facing the NRC B NRC Actions Responding to the Office of the Inspector General's Most Serious Management and Performance Challenges C Management Decisions and Final Actions on OIG Audit Recommendations D Summary of Financial Statement Audit and Management Assurances E Verification and Validation of NRC's Measures and Metrics F Agreement States G NRC Organization Chart H Glossary of Acronyms

A Message from the Chairman

I am pleased to present the Nuclear Regulatory Commission's Performance and Accountability Report for FY 2007.


Despite economic turmoil nationally, our area stable

The state's $1 billion payday-lending business continued to grow and headed off a big legal fight in the 2007 General Assembly between supporters of a ban and reforms pushed by the industry. Car-title lenders also remained unregulated after a legislative stalemate. The battles galvanized payday-lending opponents throughout the year, and a Hampton Roads group formed to lead the push for a ban in 2008. Virginians filed suits over unlawful collection practices, and credit unions pushed programs to their members to combat payday lending. The loans were banned this fall to the military, cutting a chunk of the Hampton Roads customer base.

Coliseum Mall Major changes hit the Coliseum retail area, with the Coliseum Mall getting torn down to make way for the new outdoor Peninsula Town Center.


SnapTell Gives Movie Fans the Red Carpet Treatment with Mobile Movie ...

The information consumers receive about movies on their cell phones includes reviews, DVD prices, run times, description of the movie and a link to Amazon to buy the movie.

SnapTell continues to be a pioneer in image recognition technology and our Mobile Movie Explorer application further demonstrates our leadership in the industry, said Gautam Bhargava, CEO of SnapTell. We are pushing the technology to new limits, with the ability to match an image against a database with tens of thousands of images. The unprecedented accuracy of our solution allows consumers to receive information for almost any movie, when and where they want it.

To use SnapTells Mobile Movie Explorer, take a picture of a DVD cover, send your picture to dvd@snaptell.com and receive all the information about the movie.


Artists in a time of war

The self-absorption of struggling young artists (in the book's first half) yields to those same characters' urgent, fractured reactions to a world plunged into blood and chaos (in its second half).

The artists are: Paul Tarrant, who works in a hospital near the frontlines in Belgium and, after years of floundering, finally finds his subject matter in his patients; Kit Neville, a Futurist painter who had some success before the war and now is drawn toward the front as well (although not as an ambulance driver, as he'd hoped); and Elinor Brooke, who stays in London and refuses, on principle, to let the "imposed" subject of war infiltrate any of her artistic efforts.

Both Paul and Kit are attracted to Elinor who, prewar, fended them off in ambivalent ways. Now, as Elinor becomes their link to the world back home, the rivalry between them grows more intimate and awkward.


Tough Love for Colleges

Howard P. (Buck) McKeon, described the idea as "dead in the water."

But Nicholas Donofrio, the executive vice president for innovation and technology at IBM, who is on the commission, said Thursday that it would be possible to construct a records system that would create no privacy issues whatsoever. "There are other ways," said Donofrio.

Amid much bashing of rankings by U.S. News & World Report, momentum also seemed to build on the panel for finding other ways to measure, and report to the public, on colleges’ performance, particularly in the realm of finances and student "outcomes." How such reporting would unfold — and whether it would be compelled, by making it contingent on the receipt of federal financial aid, for instance — were questions left for another day, although Miller, the panel’s chairman, said such requirements were not out of the question.


Black farmer takes to the streets to protest KKK activity on his farm

A black farmer in Western Kentucky took his message to the street Saturday, fielding a protest in front of the federal building in Owensboro, Kentucky. Eighty-year old Harry Young protested racist vandalism on his land, trying to get the world to pay attention to his plight and the plight of hundreds of black and white farmers nationwide.

Harry Young has seen a lot in his 80 years. He has seen the federal government auction his ancestral farm. He has heard a federal marshal tell him to his face, "I can’t read", when Young presented papers to the marshal at the auction of his farm, showing he had paid on his farm loan, this, despite the federal government’s claim that he hadn’t paid a dime in 20 years. He has been part of a historic meeting between black and white farmers who realize that their family farms are at risk, regardless of what race they are.


Cabot Announces Fourth Quarter and Fiscal Year Operating Results

Details of financial results, certain items, discontinued operations and the cumulative effect of accounting changes included in net income are provided in the accompanying tables.

In commenting on the results, Kennett F. Burnes, Cabot's Chairman and CEO, said, "We are pleased to have delivered improved financial results for the fiscal year, capitalizing on the favorable conditions existing in some of our businesses and managing through difficult circumstances in others. We were able to manage the significant volatility in feedstock costs that occurred during the year in our carbon black product lines and were successful at growing profitability through volume increases and cost discipline. We grew our fumed metal oxides product line to record profitability during the fiscal year due to strong demand in our niche market segment and the incremental margin generated from operating our facility in China.


Whites need fans' support, says Gudni

I dare say he wouldnt pay to watch us either along with thousands of others if hed seen us play. Add this to the fact that we are now managed by someone who the fans didnt want you dont need to be a brain surgeon to see why nobody is going to the Reebok. .


2008: Looking ahead

This will also hit the retail industry as people spend less on home-related items such as kitchens, bathrooms, furniture etc.

The government will have serious problems cause by the balance of payments deficit and the need to finance it. Added to that the tax income will fall too, plus the little black hole called Northern Rock and Gordon's going to wish he hadn't massively increased the public sector in his days of so called prudence.

As for a rise in exports - what on earth are we going to export? UK manufacturing industry hardly exists any more and all the income from the financial services industry is going to be hard hit by the credit crunch.

No, the 'miracle economy' of the last 10 years is going to be replaced by a nightmare economy for another 10 years.


Mo. student loan agency forgives loans for 510 teachers

Those covered in this most recent effort have federal Stafford loans and are either first-year teachers or provisionally certified to teach math, science or special education.

MOHELA, over the next two years, also plans to forgive many Stafford loans for engineering and pre-engineering students who live in Missouri.

Gov. Matt Blunt has used more than $300 million from the loan authority to pay for college construction projects.

©2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. .



 

 

 

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