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Wow a shocking comment that completely destroys the narrative was captured on a Youtube posted by SomethingAwful Videos. This has never happened before. It's not like SA.com is notorious for its flying penis invasions of Second Life or anything. This is such lazy reporting as to likely void your press defenses against a libel suit. Are we now going to see WWN or Onion headlines posted as serious comments?
@50 does show that she looks much better as a brunette with implants. @Anal_yst why the hate for the slores? If you keep judging the slores then we won't have anyone to play intern and MD with when we need some strange!
Nuke it from orbit. It's the only way to be sure.
Remember that Labour is a zombie government and they will enact nothing. Great sales job for moving to Toronto or Zurich though!
@29 - because Ferraris are the mark of old money... Props if its a classic GT California, but otherwise its just a nouveau riche dick on wheels. Might as well buy a lambo.
@Analyst - They're going to Switzerland for the friendly tax regime for employees. There are huge benefits for everyone who is not an American to a Swiss address - Americans get screwed by global taxation irrespective of residency. Especially nice for Brits since you can be non-dom in both Switzerland and the UK if you do the travel right and have sufficient meetings/vacations elsewhere. It's nice for the account holders too, but those worried about tax haven benefits would be invested through the offshore entity of the fund anyways. Again, the investors interests are secondary (but aren't they always). This is all besides the point, since nothing said by Brown & Co needs to be listened to. The Tories are looking at something between a large and a stupendous majority next spring. Anything not enacted by Dec 31 won't be enacted and pretty much anything enacted recently will be overturned. As mentioned above, this will also be driving an exodus from Manhattan - 60% tax rates are huge, you lose 1/3 of your net income moving from 39%. Sure lots of the really big earners are CT domiciled anyways, but this will do huge damage. As a side note - Toronto is really nice. Real estate is cheap, it's just more than an hour to Newark on Porter (a 5 minute cab ride from your office downtown). Personal income taxes are lower, corporate taxes are far lower and no stupidity over offshoring. Final benefit to running your fund from Toronto - IRS can bully Switzerland but you can't bully such a huge source of oil, uranium, NG, and potash, plus there's the control of Chicago's easiest access to the ocean.
Goddamn do I miss W and his suits all the time rule. I've seen better dressed English profs at North-West Arkansas State. Though I do like that they have a 39 yo Canadian who started his own boutique I bank at 30 as part of the new Chrysler board http://www.theglobeandmail.com/report-on-business/gosbee-brings-fresh-approach-to-chrysler-board/article1208383/
Nina's not stacked, but she's loaded. Dad is Peter Munk of Barrick Gold and formerly Trizec Properties. The Harvard implosion just shows what happens when liberals interfere with finance. Thankfully America wouldn't suffer something like that, the government isn't going to try to dictate salaries and strategies to a critical part of the economy.... Hmm anyone interested in 1 country, slightly used?
trojan you have a future in Hollywood! pure genius!
Er, EP wtf? FTFA: “It doesn’t sound like a distressed price,” said Peter Slatin, editorial director of Real Capital Analytics Inc., a New York-based firm that tracks commercial property sales. _______ So pretty much no one agrees with the premise of your post. Anyways...
@1 - it's pretty much the GS model, no? Excellent model if you've got really good drivers, and your alumni control the relevant state and federal governments...
16 is Steve Rattner. Focus on your upcoming felony trial big boy, instead of defending Obama's honor.
@35/66/79 I'm rather surprised about the Mayfair fund using Jersey since you're not supposed to be able to escape from Inland Revenue using the local tax havens. Same reason why you don't see the French in Monaco - their Serene Highnesses tell Paris about bank accounts. Jersey/Channel Islands are targeted to Euros and Americans while Monaco focuses on the UK and Northern Europe. Nice little division of labor on the part of L'Entente Cordiale. The good news about this whole tax announcement is that there will be an election next year just as/just after the rate goes into effect and the current government is in unimaginable trouble. They're looking at annihilation and putting their last kicks in rather than governing responsibly.
@Anal_yst There's a bunch of good people there, who've been hampered by legacy deals and culture. Most of the bright parts in the lineup are politically verboten as gas guzzlers/fun to drive/useful for a family. Far better to start over with a whole new company than try to resurrect that zombie. Use Jet Blue/Porter/South West/WestJet as models instead of the AA/United perpetual bailout model. A new firm can fix ALL of the problems and only hire the best and most motivated people without the personnel issues of a rescue. They'd also be able to get out of Detroit for better climate, schools, right-to-work, low taxes... Cars 2.0 should be based in Texas/Arizona/Nevada/New Mexico... Austin would probably be a good bet for an HQ. Tesla is interesting, but California is a hellishly unfriendly climate for business and circling the drain like Michigan 20 years ago.
Huge screw up by the husband. I have no sympathy for him in fully renegotiating the settlement, despite being a guy. Their divorce is final and he could have liquidated his shares on the date of its finalization. He should get some leeway on the future cash payments, but as a suspension rather than a cancellation. He obviously CAN'T pay now, so attempting to make him would be ludicrous. Just give him a few years to get his shit together. This is in contrast to the Canadian problem where a date of valuation was established (around the date of filing, not finalization). Judges would then issue orders that could not be completed since so much time could elapse between the valuation date and the day a contested divorce settled. Letting anyone do post-hoc rewrites of settlements is a BAD idea. Final divorces should be final, so that no one can come back for money due to changed circumstances, except for cash flow issues that make payments temporarily impossible.
#11 - learn to spell, unless you minored in several sciences, then you have my apologies. Since when do poli-sci minors do something useful like look at game theory? That's a real subject that actual scholars investigate - math and engineering profs do work in the area, rather than ignorant arts faculty. My thesis had some applied game theory work in it. And since the readership here actually has a clue, sit down and stop getting so excited when you actually recognize the problems being discussed here.
@28 Your utter divorce from the real world is demonstrated by your comment on offshoring. All white collar professions are outsourcing as much as possible to India. It's actually a great thing since they get a lot of the makework and provide 24 hour coverage. Even regulated professions are using outsourcing heavily since most of the hours don't actually require a designation or can be supervised by a certified professional. There are also many certified professionals who live in/will move to India and work for less than a North American salary. Radiology work is being outsourced right now, to grab the most highly regulated example. Go back to Yahoo or Clusterstock and leave this site to the adults.
So much for OMGWTF the dollar is dying thesis. Funny to see the paranoiacs get crushed by reality.
15... er yes, yes there is Unintentional mistakes will be concentrated around a mean. Of course if people are all trying to pay the least amount possible and not investigating situations where they may be liable for extra taxes, you'd see a short bias. But then that would be intentional mistakes - or at least reckless disregard. We all know how he made these mistakes, because it's how we all do our taxes - pay what you owe on your reported income, find as many write-offs as possible, and don't mention non-reported taxable benefits that no one checks up on. We juice our expenses, don't pay taxes on per diems, and don't even try to account for the tax status of non-cash benefits. It's fine if you're in private life, but if you're a leftist politician you should really know better. Instead of re-election, every politician should be forced to account for every dollar they spent personally and publicly, with a 50 year jail term and total asset forfeiture for any discrepancies. We should also eliminate salaries for politicians, White House staff, and confirmable appointees, and ban them from any lobbying or public salaries for ten years. Make public servants really be SERVANTS.
I'm sure anyone who did well this year knows it, but if you put up numbers this year, move! Start a fund ("I was up in '08" is the new "I called Black Monday") or join a fund. BAC is death as you've noticed!