[lbo-talk] Obama defends Republic workers

Andy andy274 at gmail.com
Tue Dec 9 06:11:10 PST 2008


On Tue, Dec 9, 2008 at 1:19 AM, Jordan Hayes <jmhayes at j-o-r-d-a-n.com> wrote:


>> It's a bookkeeping gimmick to write bad debt off your books by claiming
>> that you paid someone.
>
> Er, no. You're getting a big benefit out of this, just like if someone paid
> you.

Is there some combination with bankruptcy that would get around this? I mean, if your credit is fucked anyway... And I don't mean making the tax bill go away, I mean preventing it.

-- Andy



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