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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (64715)6/28/2006 10:17:56 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
so i guess the govt is paying him about 350 million up front to become SecTreas. his basis will probably get automatic stepup on his death so the taxes will never be paid. great deal, it is very important that the govt help their rich clients this way.
now it makes sense.

after all, taxes are for the little people.