4 ms·
It looks like he no longer sees a bright future, maybe.
by aurora72 16y ago
It looks like he no longer sees a bright future, maybe.
- patio11 16y agoLong term capital gains tax cuts sunset after 2010, right? My back of the envelope math is that if he waits one nanosecond after midnight on December 31st he gets to pay Uncle Sam an extra $65 million. I can think of things that I'd rather do with the money -- I'm guessing he can, too. Incentives change behavior.
- redthrowaway 16y agoI'm guessing this will be a common trend in the next couple months.
- staunch 16y agoThen maybe the company should award him $65 million in shares to compensate. Or he should take the hit -- he can certainly afford it. It's not a good time for Microsoft to have the CEO selling such a large stake. It looks like he's leaving and/or doesn't have confidence.
- d2viant 16y agoHim giving the appearance of leaving would not be a bad thing.
- staunch 16y agoWithout a successor it's not great. The devil you know...
- chc 16y agoThe devil we know has managed to take a company so successful that people considered it a threat to the entire industry and bring it to the brink of irrelevance, kept alive only by a nearly automatic revenue stream from entrenched 20-year-old software. An honor-roll high school student stepping in for Ballmer would probably be met with guarded optimism.
- gusf 16y agoThe change in long term capital gains tax is a drop in the bucket relative to the fact that there is no Generation Skipping Transfer Tax (GST) and a low Gift Tax in 2010. I strongly suspect this is cash to pay for gift tax on gifts to his children and grand children. That would be several hundred million in tax savings.