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Subject: 
Anyhow, who cares about tax liability in the US? [Re: Idiots, Part Deux]
Newsgroups: 
lugnet.off-topic.debate
Date: 
Thu, 13 Feb 2003 18:22:14 GMT
Viewed: 
698 times
  
PS:  I would also say that tax liability and collateralization value of
stock are not necessarily the same thing as the "worth" of the stock.

The "bubble" taught us that much. :(

Anyhow, who cares about tax liability in the US?

See:
Enron 'bribed tax officials'
http://news.bbc.co.uk/1/hi/business/2756345.stm

"The report said Enron profited from 12 large tax deals from 1995 to 2001 that
saved the corporation more than $2bn."

If only Enron was run by socialists!

;-)

Scott A



Message is in Reply To:
  Re: Idiots, Part Deux
 
(...) It might be useful to distinguish individually-ascribed worth from market-ascribed worth. That $1000 bond may be "worth" $1500 to Buyer A, but if you go on the market and say "I'm selling this $1000 bond for $1500," you'll find out what the (...) (22 years ago, 13-Feb-03, to lugnet.off-topic.debate)

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