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Inside Washington (12/10/2007)
* WASHINGTON (12/11/07)--The Federal Deposit Insurance Corp. (FDIC) released its third-quarter banking report Friday financial on trends in all 50 states. The report shows each state’s employment growth rates, asset quality, capital and earnings, liquidity, and sensitivity and loan concentrations … * WASHINGTON (12/11/07)--The Basel II final rule will go into effect April 1, 2008, according to a Federal Deposit Insurance Corp. financial institution letter released Friday. The final rule applies to the determination of risk-based capital requirements for wholesale, retail, equity and securitization exposures and requires a financial institution to determine risk-based capital requirements for operational risk … * WASHINGTON (12/11/07)--Tax savings for small businesses will be the topic for the Small Business Administration (SBA’s) December web chat, scheduled for Dec. 20 at 1 p.m. (EST). Thomas P. Ochsenschlager, vice president of taxation for the American Institute of Certified Public Accountants (AICPA), will answer questions about the importance of year-end tax preparation and planning for small business owners. He also will provide tax tips. Participants can join the live Web chat by going online to www.sba.gov, and clicking “Online Business Chat.” Web chat participants may post questions for Ochsenschlager before the chat by visiting …


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