Greek black hole [updated]
Seller beware and all that, but there’s (totally-unconfirmed) talk of a €3.5bn black hole in Greece’s austerity plan.Now, were are not taking it too seriously....
Doubling a losing bet, Greek tax edition
There are reports at pixel time that Greece has agreed to around €6.4bn in fresh austerity measures in 2011, notably including tax hikes.Quick question.Here’s a chart...
Going Dutch, with NYSE and D Börse
BUT WILL NYSE COME FIRST IN THE NAME?Ahem, sadly for Chuck Schumer, we don’t know yet. NYSE Euronext and Deutsche Börse just unveiled their vision for a Premier Global...
Taxing times for MBS
Back in the 1980s — when Lewis Ranieri was still fighting for the legal status of MBS — something seminal happened for the mortgage securitisation market.The Tax...
Unusual economic indicators, Brazilian plastic surgery edition
Hollywood cheered when the Obama administration’s proposed ‘botox tax‘ didn’t make it into the final version of the mammoth health care reform bill. On the other hand,...
Tax evasion, Greek style
On Tuesday, the Greek finance ministry announced it would be “improving operation and transparency in tax administration”, because, as they put it (with some understatement),...
[CFA in Boston] Enhancing returns with attention to tax
From Philip Marcovici chief executive officer of LawInContext, who is presenting at the CFA Institute 2010 Annual Conference, which begins on Sunday in Boston…Cross-border...
Companies Offering Free Food and Drinks on Tax Day
Filed under: Starbucks (SBUX)
Are you one of those Americans who likes to wait until the last minute to file your taxes? Do you like to go to the post office at midnight? Would your day be better if you could get a free bite to eat or...Greece’s personal wealth comedy
Just to put some extra pressure on Greece’s finances, Fitch reminded at the beginning of February that a newly proposed Greek draft law was seeking to establish a personal...
How the IRS sort-of-saved Citi
Who says the IRS isn’t, umm, understanding?The US tax authority exempted the Citigroup, and some other bailed-out companies, from rules which would otherwise have led to the troubled bank losing $38bn worth of tax credits.Citi had planned to repay the US government’s Tarp stake, and under IRS regulation,...
Home values could creep up next year
Filed under: Economic data, Housing
If you're worried about the value of your home, 2010 could bring a little bit of good news. The National Association of Realtors reported Friday that home prices could edge 4% higher next year. In 2009, home...
