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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Perspective who wrote (2601)6/24/2003 12:59:38 AM
From: LLCF   of 4909
 
<Man, I wish I could. Would be a thing of beauty to enter into some kind of a capital gain swap...>

Ahhh, but 'people' of means are doing just that... avoiding taxes by entering into say an IBM/S&P return swap. What's that??

You swap your IBM returns for S&P returns without actually selling your IBM and paying taxes!!! Or better yet swap it for t-bills and sleep tight [single name swap].

jpmorgan.com

The Citi never sleeps.... but rich folks do.

DAK
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