19 Comments
- inactive, on 10/12/2007, -0/+13Tell you what. When you have enough money to effect the US economy, I'll talk the government into giving you a tax break.
- venir, on 10/12/2007, -0/+6From TFA: "At stake for Mountain View, Calif.-based Google is the chance to move more of its money from low-yielding U.S. government bonds to investment-grade municipal and corporate debt. That would help Google match the investment returns of rivals such as Microsoft Corp., which obtained a similar exemption in 1988."
I think this is a smart move for Google. With as much cash as they have on hand they might as well try to maximize the return on their investments. - wistar, on 10/12/2007, -0/+5I'll see your effect and raise you one affect. ;-)
- CurtHowland, on 10/12/2007, -0/+4A corporation is already a government-granted limited liability structure.
When there is enough money to re-elect politicians, politicians get interested in dipping into the money.
Google is just trying to reduce the arbitrary regulations placed upon it, something I don't see any reason to nay-say. - waytoorandomx, on 10/12/2007, -3/+7If Google gets an exception, I should get a tax reduction. It's unfair that corporate entities can negotiate laws, no matter how much return they can get on their investments. Mutual fund? Bah!
- vajra918, on 10/12/2007, -10/+11FTA: "Oh, no! Two women love me. They're both gorgeous and sexy. My wallet's too small for my fifties, and my diamond shoes are too tight!"
... Okay, not really, but I've always wanted to plug that Friends quote. - cmilki, on 10/12/2007, -2/+3No one beats Homer J. Simpson period.
- dalkor, on 10/12/2007, -1/+2I think that if Google qualifies for our current definition of a "mutual fund" then they should be re-classified. If they want an exception, then we have a political system where you can lobby for change and participate in the debate.
.02
P.S. Homer Rocks! - merm, on 10/12/2007, -1/+2>anyone know if Microsoft with it's $40bil. in cash is regulated as a Mutual Fund? Just curious.
According to the article Microsoft got an exemption from the SEC to not be regulated like a mutual fund. Google is thinking that they'll get the same treatment since Microsoft got it.
Pretty incredible what a 1% rate difference makes when you have a few billion sitting in the bank. - RetroRufio, on 10/12/2007, -10/+10Chandler is quite possibly the best character ever written for television.
- gd007, on 10/12/2007, -1/+1invest in my hedge fund!
- vajra918, on 10/12/2007, -4/+3Lucille Ball takes the crown if you want to talk about best character for TV ever.
- MtnScott, on 10/12/2007, -2/+1I second Gob from AD..
"Its an Illusion Micheal, tricks are something whores ..." - reshmachugani, on 10/12/2007, -1/+0I just read that they might be challenging the wall street fund managers. Google with their tremendous computing power might have developed modeled the stock market and they might just start a trading platform. http://convergence.in/blog/archives/152
- noodlez, on 10/12/2007, -4/+2boo chandler
yay gob from arrested development. - GreenPlastik, on 10/12/2007, -7/+5As for the article, anyone know if Microsoft with it's $40bil. in cash is regulated as a Mutual Fund? Just curious.
As for Chandler being the best character ever written for television, it really makes me wonder how large of a sample size and time era of shows you are pulling from. Sure Chandler is the best character on Friends, but in the grand scheme of archievements in TV writing, calling him the best in TV history MAY be pushing it a little bit.
Just sayin...
Please check out:
Greg House on House
Sawyer, Locke, Sayiid on Lost
Many West Wing characters
Frazier Crane on Frazier
Many characters on the new Battlestar Galactica
Denny Crane on Boston Legal
And all of these are just recent shows. If you go back any amount of time, you'd be amazed. - memememe, on 10/12/2007, -3/+1@noodlez
so right... so right.
"Hello Monfrair, thats french for brother, i dont know why i know that, i took 4 years of spanish" - cambrown99, on 10/12/2007, -3/+1It would be a burden, but I'd be willing to take some of Google's cash to help them out.
- josegutz, on 10/12/2007, -7/+3I say why not Girls Gone Google?
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