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Federal funds to help unemployed financial workers in N.J. find jobs
New Jersey, New York and Connecticut have been awarded a joint $22 million grant to help unemployed financial sector workers, New Jersey Gov. Jon S. Corzine announced Monday.
Bizjournals.com

Move over monopoly
A good sign that no ones in the mood to invest right now is probably the cartoon of the new recession game thats doing the rounds on the internet. The board game, like monopoly, has the usual places you land on depending upon the throw of the die. Its what each place says that makes the game unique Sales Go Down Move One Space, and Layoff More Workers Move One Space are some examples. The Chance/Community Chest cards of this game are also different from those in your standard monopoly. Samplers: Receive Tarp Funds Try To Buy Corporate Jet Lose Turn.
Business Standard

Junk Funds Dabble in Best of the Worst
Some junk-fund managers are dabbling in the market, seeing opportunity after average yields hit 18% late last year.
WSJ.com

A Bad Day for Death
From the stock market to the political world, this past year has demonstrated the folly of plenty of old maxims. Still, credit crisis or not, there's nothing more reliable than death.So it was a little surprising to see today Service Corporation International (SCI) warn of falling profits. SCI is the biggest funeral and cemetery company in the world. It owns 1,300 funeral homes and 350 cemeteries.Death may be inevitable, but the death business apparently hasn't matched the reliability of other consumer staples like cereal (Kellogg) and shampoo (Procter & Gamble).SCI lowered fourth quarter earnings guidance, blaming the decline on weaker pre-need cemetery sales and lower income from trust funds. The stock plunged 13% on Feb. 9 to a share price of 4.25, and all told shares are off 63% in the past 12 months.A heavy debt load seems to be a problem for SCI. And, Raymond James (RJF) analyst John Ransom sees the firm's recurring free cash flow plunging, from $252 million in 2007 to an
Businessweek.com

The Icelandic Volcano Erupts: A New Era of People Power in the Streets? - AlterNet
Can a hedge-fund island lose its shirt and gain its soul?
NewsRack

Searching For Support (DIA,SPY,QQQQ,ONEQ)
Searching for support is harder than dollar-cost averaging your way into an index fund.
Investopedia.com

Reclaiming tax from the Netherlands
Mon, 09 Feb 2009 Wragge & Co Jason Coates UK pension funds which received dividends from Dutch companies on or before 31 December 2006 can now reclaim tax that was withheld on those dividends by the Netherlands tax authorities. It is expected that claims will be possible for tax withheld as far back as 2003. Jurisdiction United Kingdom, Netherlands Practice Area Pensions and Employee Benefits, Tax
Linex Legal

Cross-Whitehall funding for third sector action plan
No new money, but £42.5m fund includes savings and contributions from other government departments.
Third Sector

The Small-Cap Mutual Funds to Own Now
Past performance has shown that these small value funds can outperform the S&P 500 during good times and bad.
The Street

Tech Funds Rebound on Earnings Surprises
Shares of Amazon, eBay and Yahoo! jumped last week, pulling along tech-focused mutual funds.
The Street

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