April 02, 2009

Request for Dr. Kaptital

Dear Dr. Kapital,

I understand that AIG FS was using CDS's to create tax shelters in a "Son of BOSS" scheme, and that earlier Son of BOSS schemes involved "reinsurance" and "Bermuda," but I can't remember any of the details. Can you explain what a Son of BOSS scheme is?

-LoM

4 Comments:

Blogger The Sum of All Monkeys said...

Here, this link should explain it.

April 2, 2009 at 11:33 AM  
Blogger VMM said...

Hmmm... more interesting info here.

April 2, 2009 at 12:19 PM  
Blogger The Sum of All Monkeys said...

Fine: http://www.son-of-boss.com/

BTW: I found it amusing when it said "was that so hard?" right after the goatblowing query.

Huh huh.

April 2, 2009 at 12:22 PM  
Blogger The Front said...

Dr. Kapital Tweets:

"You need IRS 2000-44. There is a simple and infallible secret to this and other scaimghsyauvb,,mx ....."

April 2, 2009 at 1:19 PM  

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