By Joseph Tanfani - December 25, 2014 When Jeb Bush completed two terms as governor of Florida in 2007, he reported his net worth at $1.3 million, about $700,000 less than when he took office. Today, nearly eight years later, he is a wealthier man. He has plunged into business and entrepreneurial ventures involving consulting, … Continue reading Los Angeles Times – Jeb Bush Eases Out of Some Businesses, such as firm helped by Obamacare
In 2012 I reviewed Mitt Romney's IRA for Mark Maremont of the Wall St. Journal, explaining the mechanics regarding how he amassed $100 million in this tax deferred account. This and related follow up stories in other publications after Maremont broke the story prompted the Senate Finance Committee to commission the Government Accounting Office (GAO) … Continue reading Creating Large IRA Balances by Manipulating Stock Values, Example YELP, Par Value .000001
In a January 16, 2014 blogpost Parish & Company produced an analysis that suggested Intel should make a few significant changes to one of its key benefits, the retirement plan. This was followed up with a specific recommendation to top management. Here is a link to the analysis: http://blog.billparish.com/2014/01/16/intel-q4-2013-earnings-time-to-fix-pension-plan/ The analysis included recommending that … Continue reading Intel Improves Retirement Plan – Demonstrates Strong Corporate Governance
By Margaret Collins and Richard Rubin - September 17, 2014 If it seems impossible to amass a fortune in an IRA during your lifetime, think again. The Government Accountability Office reported yesterday that about 9,000 U.S. taxpayers have each accumulated at least $5 million in individual retirement accounts. While the GAO didn’t say how they managed to … Continue reading Bloomberg – How to Join 9,000 U.S. Taxpayers With Romney-Sized IRAs
This Friday a meeting is scheduled to be held in Hillsboro, Oregon to vote on the proposed merger between Triquent Semiconductor and RF Micro Devices. In a September 3, 2014 article the Oregonian notes "Investors love the deal, which the companies say will save $150 million over its first two years." Translation - Doing … Continue reading Triquent RF Micro Devices. This and other forms of tax inversions analyzed
By Brent Hunsberger - August 30, 2014 I recently looked inside Intel’s workplace retirement fund. My logic board just about locked up. Intel Corp. is Oregon's largest private employer and, as a result, carries a big burden. Nearly 18,000 employees in the state rely heavily on the company's three retirement plans to ensure they will … Continue reading The Oregonian – What’s inside Intel’s retirement plans? Hedge funds. Lots of ’em.
The following analysis of the personal financial disclosures of Monica Wehby and Jeff Merkley was done for the Oregonian newspaper. The story by Jeff Mapes resulting from the analysis can be accessed here: Senate Candidates Financial Disclosure- Part I Also note that the analysis was updated after Wehby disclosed her final statement on August 15, … Continue reading Monica Wehby and Jeff Merkley Financial Disclosures Reviewed – Oregon US Senate Race
Disclosure: Intel is currently the largest single individual equity holding in both my personal and most of my clients' portfolios. No shares will be recommended for sale based upon this original research. Intel CEO Brian Krzanich The purpose of this post, which will be accompanied with an email directly to top management, is to … Continue reading Intel Q4 2013 Earnings – Time to Fix Pension Plan