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      Backdated tax gifts

      Posted by SoxFirst

      Donations to charity are tax deductible. But what if they are in the form of backdated stock gifts? A new study suggests chief executives and chairmen of companies couldn't help ripping off the system. It was just well disguised as a gift to charity.

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    • On Exxon Mobil's Reported

      Posted by Villagenyc

      Reuters reported that Exxon Mobil is “interested in helping to develop Iraq’s huge oil reserves. The “Reuters” report also says that spokesperson Len D’Eramo said in an emailed statement “if the Iraqi government decides it wants international oil companies to partner with them in developing their resources, Exxon Mobil would be interested in participating."

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    SoxFirst

    Member since Sep 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne


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    Villagenyc

    Member since Sep 2008

    East Village via Bama.

    No city