Archive | July, 2008

Somehow he thought he would fit

July 20, 2008

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Somehow he thought he would fit, originally uploaded by j_sanchez.

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Think your offshore tax haven is protected? Think again…

July 7, 2008

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The U.S. Senate is proposing two bills to get a stronghold on the abuse of offshore tax havens.  For those of you not sure of what this is, an offshore account is a bank account located outside the country of residence of the account holder, and typically in a low tax jurisdiction that provides financial […]

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4th of July Photos

July 5, 2008

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Posted on my Flickr account http://www.flickr.com/photos/budsblogsite/sets/72157605991323541/

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Accountants Celebrate! No New Accounting Rules for 3 Years?!

July 3, 2008

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That sounds like sweet music to my ears!  Of course, the SEC has yet to suggest a date by which U.S. companies have to adopt IFRS rules, and the thought of such a massive switch is the current topic of discussion at some of the hard partying accounting functions in the country (think fraternity keg […]

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The Simplicity of FROs (and we’re not talking about the 70’s style hair-do)

July 1, 2008

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As the opening bell was rung by Don Montanaro on May 8th, the creator of Fixed Return Options (FROs), he was hoping to see a new era of trading by bringing in a more simple way of option trading.  FROs, simply put, pays out in either an all or nothing structure that alleviates the pains […]

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