Hints and tips:
...Silvergate has announced it’s “voluntarily” liquidating. From the bank: LA JOLLA, Calif....
...The outsourcing of much government activity to the private sector began with Margaret Thatcher, prime minister 1979-90, alongside the privatisations of public corporations....
...— Card prices are falling, game stores are losing money, collectors are liquidating and large retailers are cutting orders. Oof!...
...Ackman notified shareholders on Monday that he will be returning the money to investors and liquidating the Spac....
...He was most recently chief risk officer at WSFS Financial Corporation. Smart reads Sale pending The US government has swiftly seized a treasure trove of assets from Russian oligarchs....
...In such circumstances, to get the stuff a person or corporation wants or needs, they must give up “potential claims” upon something else to acquire the thing that is highly sought after....
...He was quoted in local media as saying: “Some of the debts incurred are self-liquidating....
...This article has been amended to correct the name of Sumitomo Mitsui Banking Corporation...
...Related Links: The Apple story is about corporate bonds, not cash or capex - FT Alphaville US companies might be liquidating their offshore bond hoards - FT Alphaville...
...Lam Research said it was “essentially liquidating” its overseas holdings of bonds, and experienced a $47m loss as a result....
...She wants to force the companies to pay the level of corporation tax that applied at the time they closed their PFI deals....
...Labour views PFI as delivering poor value for taxpayers, but escaping these deals is likely to prove costly....
...At the same time, some business people are alarmed about Labour’s plans to increase taxes on high earners and on corporations and to return industries to state control....
...But Edwin Morgan, director of policy at the Institute of Directors, said there were still “big areas of difference on corporation tax, personal tax, PFI, nationalising various industries”....
...I can announce that the Government will abolish the use of PFI and PF2 for future projects....
...And of course, the nationalisations, the high corporation tax at 26 p, and the high personal rates of income tax for the very wealthy as well....
...I have never signed off a PFI contract as chancellor and I can confirm today that I never will. I can announce that the Government will abolish the use of PFI and PF2 for future projects....
...But today he is facing debts instead, after liquidating factories and other properties. The circles under his eyes suggest it has not been an easy few years....
...Shadow chancellor John McDonnell said in September that “We’ll bring [PFI] contracts and staff back in-house”. Business says: “It isn’t a bad idea....
...The Labour leadership also sent jitters through the business world by vowing to nationalise main utilities and take most PFI contracts back in-house....
...The rate of corporation tax would be restored to 26 per cent....
...In fact all would be paid for by reversing cuts to corporation tax. Likewise Labour said the Tories were wrong to claim that Labour would “buy out” NHS PFI contracts....
...Corporation tax chips in about 10 per cent. Taxes on wealth, such as stamp duty, inheritance tax and capital gains tax, contribute 5 per cent....
...Labour suggests its election manifesto from June was mainstream: “Corporation tax would be lower than under Tony Blair....
...But in April, the external administrator of Bahrain’s The International Banking Corporation’s, Trowers & Hamlins, won a $1.5bn judgment against Ahab....
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