The Obama - Clinton Disaster Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wayners who wrote (9678)	3/20/2009 2:12:30 PM
From: DuckTapeSunroof	of 103300

(They - AIG - are also suing the United States over a couple of hundred million in back taxes that the IRS claims they owe....) Similar to the Enron episode, much of the AIG/IRS tax argument centers over 'SPEs' --- special purpose entities, mostly structured in tax havens as ways to try to avoid paying Uncle Sam's taxes. (As far as the Countrywide [now BAC, right?] vs. AIG case, there I believe that AIG has a pretty good case. Quite a large number of the Countrywide mortgages were issued and then resold fraudulently me thinks.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next