President George W. Bush has appointed Goldman Sachs Chairman Henry Paulson as Treasury Secretary to replace John Snow, reports the Washington Post. The hunt for a new Wall Street honcho to head up the economic portfolio has been in train for months but Paulson apparently took some persuading. Rumor last week was that the president was about to [...]
By Ian Mylchreest
In recent weeks, the Wall Street Journal has been reporting on SEC investigations into the timing of options grants. It began with a particularly good run of luck for grants to senior executives at UnitedHealth, where the paper estimated that the odds of grants always being made at the stock price's low point, as seemed [...]
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Tuesday, May 30, 2006
Is this a tax increase?
By Ian Mylchreest
Tax breaks was one of the great advantages of working abroad, especially in a low-tax part of Asia like Hong Kong or Singapore. But that deal has just soured a little, reports the New York Times.
The last tax bill that went through Congress and which the President signed, took away a lot of the tax benefits [...]
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