3 ms·

Let's assume he lost the money, how would this show up in the companies books? I'd be more curious how the winnings were reported on the books. That's a lot

Let's assume he lost the money, how would this show up in the companies books? I'd be more curious how the winnings were reported on the books. That's a lot of back tax penalties.

ewang1 12y ago
The company books would probably just show a loan. Then he could loan/repay the company with his winnings.
- refurb 12y ago
  You usually can't issue a loan to an executive without some sort of director oversight. See Tyco.