Here is something that hasn’t been talked about much recently; a leveraged buyout of a big public company to take it private. Dell has plans on the books to do just that right now. Its founder is on board and it has support and financing from Microsoft and Silver Lake, a private equity firm. See this article in CFO (from the Economist) for more details on this deal:http://www3.cfo.com/article/2013/2/capital-markets_dell-microsoft-lbo-the-cloud-silver-lake-seagate-technology-google-motorolaThis could mean that companies with large backers might try to take themselves private in the future. Well, we will see what develops. Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA Financial Musings: A Financial Service for People Fed Up With Banks
Can a bank that is not a bank be a bank? (Whew!) This service, called Simple, is really not a bank in itself, but provides many of the same services, with more disclosure, than other regular banks, and will not charge customers fees. They don’t provide everything, but it is an interesting alternative! See this article about it in the New York Times by Jenna Wortham:http://www.nytimes.com/2013/01/09/technology/a-financial-service-for-people-fed-up-with-banks.html?pagewanted=1&_r=0Simple could have problems or it could be hugely successful, but you have to admit it is different! Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA Tax Musings: Consumer confidence plunges as payroll taxes increase
Actually this is both a tax and financial musing – this tax increase has definite financial considerations and possibly economic repercussions as well. This article by Martin Crutsinger in MercuryNews.com gives some details:http://www.mercurynews.com/business/ci_22472473/consumer-confidence-plunges-payroll-taxes-increaseRemember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com