Word: cds
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Solomon is a songwriter, and on Wilson’s first flight into space, Wilson brought along a copy of one of Solomon’s CDs and took a photograph of it floating in the shuttle, Solomon said...
...bartered goods and services as reportable income. The agency has even set up the Bartering Tax Center. So does everyone need to report every little swap? "There are no tax implications for the type of bartering happening on our site," says Carl Schwartz of Swaptree, which trades only books, CDs, video games and DVDs. The rule of thumb, according to the IRS: if you're bartering something you might otherwise sell at a garage sale, there's generally no need to report it. But if you're bartering instead of taking money from a client, you're supposed to report...
...strange topic of conversation. But I found that it's almost foolproof. Of course, you can't just pop it on somebody. You have to introduce it in a way that is relevant and makes sense, but almost everyone responds to it. Top tens are good. CDs on a desert island. Then you get into arguments about whether you can have whole catalogs of CDs or just one CD. Is it all of Beethoven, or just one string quartet? What happens is when you do a category like that, the discussion often deteriorates in a good way into actual substantive...
...wanted to strike with AIG would have involved the insurer and the government giving up their right to reclaim the underlying bonds. Some have argued that would have led to a worse deal for AIG. Instead, the Federal Reserve decided to give AIG the money to pay off the CDS contracts in exchange for the soured bonds. As credit markets have rebounded, those investments, most of which were risky mortgage bonds, have risen in value...
...still questionable that the Federal Reserve saved taxpayers money by paying off Goldman and others in exchange for the bonds. The government gave AIG $29.6 billion to pay off the rest of its CDS contracts, acquiring the bonds in the process. Those bonds are now worth $23.5 billion. Either way, Uncle Sam winds...