Totally Disconnected: US Government Risk, Ratings, Bonds and Equities

As part of his seemingly ongoing program to remove systemic risks within the financial and corporate matrix, ... ; Poor’s reiterated its “AAA” rating for the United States, credit default swaps spreads for 10-year [more...]

Date: 2009-01-14 06:52:43

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Goldman Sachs lowered tax rate from 34% to 1%

It's good to be the king. Now most people with money in the market have lost badly this year, that much is no surprise ... will kindly extend a piddly few thousand dollar tax credit to offset your loss, regardless of how steep ... - but they've managed to drop their corporate tax rate from 34% down to 1% courtesy of enablers in Congress [more...]

Date: 2008-12-20 01:03:00

Is it Always a Good Time for a Holiday?

Is it Always a Good Time for a Holiday? by Rosanne Altshuler on Mon 12 Jan 2009 02:29 PM EST U.S ... , U.S. multinational corporations can defer U.S. income tax on profits earned abroad in their foreign-owned ... these profits at a greatly reduced tax rate. Instead of paying the normal rate of 35 percent (with a credit [more...]

Date: 2009-01-12 19:29:07

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