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Among other key questions: What percentage of the purchase price will the government fund? A senior Administration official said as much as 80% of the purchase price could be government money, but the number has not yet been fixed. And who gets to keep the profit, if there is any? Does Uncle Sam let the private player keep it all, or does the government get some? How and when does the private player have to repay the government loan? And what if the toxic asset stays worthless - does the private buyer lose his money first, or does the government...
...their NOL, or a "net operating loss" of $950,000. The NOL would then be reduced further by whatever claims recovered from SIPC. If, for example, a victim were to receive from SIPC $200,000, that victim's net operating loss would be $750,000, which would be the number used on tax returns to go back five years and forward 20 years from 2008 to recover monies against taxes paid. (Read more about Ponzi schemes...
...report, which documents cases recorded through the end of 2007, provides the first confirmed tally of city residents living with HIV or AIDS. The 15,120 people affected represent a 22% increase from 2006. As grisly as those numbers are, they most likely don't accurately convey the depths of the problem. Drawing from research indicating that from one-third to one-half of infected people are unaware they harbor the virus, the authors conclude that the number of affected residents is "certainly higher...
...follow-up to your 2006 global warming documentary? A number of things have changed, and it's getting worse, not better. We wanted to keep track of what was going on. And the bottom line is, Discovery wanted...
Though Harvard has participated in the competition for several years, the Challenge’s emphasis on the number of green kilowatt hours of power purchased is not fully compatible with the University’s current energy-saving tactics...