Comments on: What’s in The Sausage? http://norunnyeggs.com/2008/09/whats-in-the-sausage/ The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think. Sat, 11 Feb 2012 02:40:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: dad29 http://norunnyeggs.com/2008/09/whats-in-the-sausage/comment-page-1/#comment-36240 dad29 Mon, 29 Sep 2008 19:34:47 +0000 http://norunnyeggs.com/?p=3520#comment-36240 Umnnnnhhhh...they all have reportable income (with VERY few exceptions.) If nothing else they'll have a tax-loss carryforward, which is valuable to someone who acquires them. It's certainly not a "deal maker/breaker" but it's important. Umnnnnhhhh…they all have reportable income (with VERY few exceptions.) If nothing else they’ll have a tax-loss carryforward, which is valuable to someone who acquires them.

It’s certainly not a “deal maker/breaker” but it’s important.

]]> By: Shoebox http://norunnyeggs.com/2008/09/whats-in-the-sausage/comment-page-1/#comment-36235 Shoebox Mon, 29 Sep 2008 13:14:31 +0000 http://norunnyeggs.com/?p=3520#comment-36235 You're right on how they got it and the tax implications. I just don't see the firms that need this most have any income to offset. You’re right on how they got it and the tax implications. I just don’t see the firms that need this most have any income to offset.

]]> By: dad29 http://norunnyeggs.com/2008/09/whats-in-the-sausage/comment-page-1/#comment-36234 dad29 Mon, 29 Sep 2008 12:02:35 +0000 http://norunnyeggs.com/?p=3520#comment-36234 The GSE bond gain/loss provision is quite meaningful to banks that held those stocks. Banks were "encouraged" to purchase FanFred preferred so when the stock turned to s*&^, taking the losses as "ordinary" reduces the banks' tax burden. The GSE bond gain/loss provision is quite meaningful to banks that held those stocks. Banks were “encouraged” to purchase FanFred preferred so when the stock turned to s*&^, taking the losses as “ordinary” reduces the banks’ tax burden.

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