Well...has it happened during recent memory. Do you recall the last large cap that was evaluated at 0 or near zero in recent memory. Maybe AA?
Bell on Tuesday, so will YHOO.
This is just a layperson's opinion, but if YHOO wants to speed things up, all they really need to do is make SpinCo. a viable business. This way the IRS will give them a thumbs-up.
Is SpinCo. the official name of the new company, if so, the YHOO officer who thought of the name should be fired. That's like daring the IRS to change their tax provisions.
I have to admit WS doesn't take MM seriously. If it was Bezo who said everything is going fine, YHOO would have seriously popped.
Why would they need to comment if the authorized representative was accurate in their statement.
Look at Bloomberg article on front page of YHOO headlines. Jason Factor at heavyweight tax firm Cleary, Gottlieb says that there could definitely be a delay. Although, I'm not a tax attorney, common sense would tell you that there would be a delay. Why would MM say no delay recently if there was no possibility of delay.
About YHOO's Plans for Spin-offs? Just warning YHOO shareholder's about upcoming delay.
Unfortunately, the IRS can make some tax laws retroactive. So, MM better get moving and complete the details of spin-off done as soon as possible.
Now you got me speculating, what else did he changed without the press reporting?
Business is business, not surprised that Gates would support both parties at different times.
Absolutely right, we the taxpayers are footing the bill for the "bail-out of the big banks." A recent failure of capitalism. The voter knows and they want to know what the politicians are going to do about it.
It's true that government spending has increased about 6% since 2008. However, much of this extra spending was caused by the failure of capitalism i.e. big banks and other financial institutions were bailed out. It's maddening to me that a big bank can get a near 0 per cent loan from the Feds. and I have to pay 6-8%..
Yes Obamacare is expensive, but if the private sector was doing the job, it would not have been necessary. The Federal government and debt is growing because the capitalist system is not doing the job.
Individualism and the "bootstrap theory" assumes that individuals respond only to financial incentives. However, there are other incentives which can be just as powerful. Some of you may recall that many of us had a strong drive to get A's in school before we even realized that good grades sometimes led to higher paying jobs. A country like Bhutan or Denmark do fine without a capitalist system.
Even though I'm a Democrat, I think that we are on the same page when it comes to fair compensation. Without doubt Zuck deserves a good portion of what he made, does he deserve all of it...well it seems like even he doesn't think he deserves it all because he gives away a good portion of it. All politicians really do is suggest other ways that Zuck can spend his money.
Also, give Barack a break for not giving his salary to the public good. I'm sure that he has good reasons for not doing so. Just like we have good reasons not to.
Without doubt each of us have our own dreams about the future and certainly if we earned our money we have the right to use the money to make those dreams come true.
Well, basically, you're going back to the "bootstrap argument." You're saying the profits from the company should go back to the founders. However, FB is publicly-traded. The government and voters created the laws which allow FB to go public and allowed Zuck to make the great fortune which he possesses. Once you go public FB also has responsibility to shareholders. Also, how about the employee programmers that make FB the software that has made FB a success, is there a responsibility to them also? Once you take all those things into account, then there's a decent argument that the pie be split differently.
Also, think about all the people that helped that haven't been compensated. For instance, a low tech device like a light-bulb took thousands of man hours by Edison and others. Are they being compensated for providing the light-bulb that allows the programmers to see their computer screens at night. Like Obama says on occasion, we are standing on the shoulders of giants. Some of those giants did their work just for the public good and not just because they could patent the invention.
The heavy-weight tech companies are reporting early next week, maybe your fortune teller got the scoop from an insider.