S screenstruck Jan 11, 2008 #1 http://money.cnn.com/2008/01/11/news/companies/sloan_countrywide.fortune/index.htm?cnn=yes
T thecalip Jan 11, 2008 #2 This is a common practice. Buy debt to offset income. If you know anything about business and taxes, this is quiet common. I wish there is such a tax break for individual. I will sell you my debt to offset your income.
This is a common practice. Buy debt to offset income. If you know anything about business and taxes, this is quiet common. I wish there is such a tax break for individual. I will sell you my debt to offset your income.