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RIA NEWS MAR 19, 2009
13 TARP recipients owe $220M-plus in back taxes

Thirteen recipients of bailout funds from the Troubled Asset Relief Program owe more than $220 million in unpaid federal taxes.

MUTUAL FUNDS MAR 19, 2009
Vanguard says new global fund first of its kind

The Vanguard Group Inc. is offering what it says is the first of its kind: a fund that offers exposure to small-cap stocks in both emerging and developed markets outside the United States.

RIA NEWS MAR 19, 2009
Madoff's foundation victims miss out on tax break

While the IRS released new rules this week to help victims of Bernard Madoff’s Ponzi scheme recoup some of their losses with a tax break, private foundations will not be able to benefit.

RIA NEWS MAR 19, 2009
New jobless claims, at 646,000, below expectations

New jobless claims fell more than expected last week, to a seasonally adjusted 646,000.

REGULATION, LEGAL & COMPLIANCE MAR 18, 2009
Lawmakers seek taxes on pay for TARP receivers

Companies receiving taxpayer funds under the Troubled Asset Relief Program would be subject to major taxes on executive bonuses under a proposal unveiled Tuesday.

RIA NEWS MAR 18, 2009
U.S. consumer prices rose 0.4% in February

U.S. consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.

ALTERNATIVES MAR 18, 2009
$8,000 cash refund for some home buyers

<b>Situation:</b> Under the new tax act, a hefty cash refund is available to so-called &#8220;first-time&#8221; home buyers.

LIFE INSURANCE AND ANNUITIES MAR 18, 2009
Bail out construction, not banks: Survey

Most Americans and Europeans would rather see the construction companies bailed out than the banks or car manufacturers, according to a recent survey conducted by the Financial Times of London and Harris Poll.

MUTUAL FUNDS MAR 18, 2009
Industry group wants money fund safeguards

The Investment Company Institute is proposing sweeping changes to restore confidence in the $3.9 trillion money market mutual fund industry.

RETIREMENT PLANNING MAR 18, 2009
Retirement assets plunged 25% in '08

The nation's retirement assets shrank by nearly 25% last year and lost more than $2.4 trillion in market value, according to a new report from Chicago-based Spectrem Group.