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Boatyzaffa
JPM
James Dimon bought 500,000 shares July 20th @ 34.22 that's $17M of his company's stock.
7/21/12
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DaLatin
:
Hope you all saw ! Saw what ? In assoiciated TRUSs ! Forget WILLs- LLCs Get yourselfs a trust. Offshore is better ! Like Buffet,Gates,me etc
7/21/12
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DaLatin
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Many worry about the"death tax"going to 55% in 2013 ! Should you rush to die in 2011? The rich use Foundations & trusts.They r not affected
7/21/12
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DaLatin
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Sorry 2012 not 2011 and poor spelling. I dont see until I read it again ! Dont get old guys/gals
7/21/12
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1980XLS-2.0
:
Yes, But he sold $13M worth of
JPM
prefferred stock to finance it.
7/26/12
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DaLatin
:
From what I rem he got them around TARP @ higher price.This was typ
TAX
avoidance move.Div tax of 40% coming,so,switch 2 common put in trust
7/27/12
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DaLatin
:
Common cheap now & when it goes back up it's now in trusts ! I used trusts 4 same reason then Foundation gobbled up trusts ! :>) legal game
7/27/12
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