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I think that he left out any interest just to make the statement simple, obvious, and to avoid contest. I'd be willing to bet that somebody from a background i
by smileysteve 13y ago
I think that he left out any interest just to make the statement simple, obvious, and to avoid contest.
I'd be willing to bet that somebody from a background in Wall Street and derivatives markets is not going to stuff their cash under the mattress.
If you want a complex statement that can be challenged, 10%/year on that $3.6mln last bonus would result in $360k pre tax.