SI
SI
discoversearch

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.
Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Michael M who wrote (70813)1/4/2000 6:20:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 108807
 
Sorry Michael, but to reference the "payout" the airlines had to pay for that anti-trust settlement a few years ago, giving someone 15% off fares for a year is not the same as $300. in cash, no matter how much the lawyers involved claim to have retreived for their clients.

Can I pay you in my unused frequent flyer miles? You're hired!



To: Michael M who wrote (70813)1/4/2000 6:30:00 PM
From: Edwarda  Read Replies (2) | Respond to of 108807
 
Hey, cool off, Mike!

First of all, it's not fully tax deductible by a long shot any longer.

Moreover, when it's not abused, this is a normal part of T&E expenses and it's such a small part of the budget that it has no effect on prices to consumers. Used as they should be, occasions such as this are like business lunches and dinners: They mix business with the social so that the people involved are getting to know more about each other in order to deal more effectively in future business settings.

As you yourself know, one learns more about a person in a semi-social setting than one can usually in a purely business milieu. What one learns may be crucial when selecting a consultant--to use Lizzie as an example--from a number of qualified candidates for the business. Or Lizzie herself may learn in apparently social conversation that there is something about the key personnel with whom she is considering working that she finds unreliable or professionally untrustworthy, a potential sink hole for her time and efforts. There can be a great deal of economic value in what may appear to some to be a frivolous couple of hours.