Buffett donates fortune to charity, is accused of avoiding estate tax

A few days ago, super-investor Warren Buffett announced he would be donating the majority of his considerable assets to Bill Gates’ Foundation, and he’s been rightly commended in the media for his generosity. But for some reason, the ordinarily smart-minded folks at the Tax Policy Foundation have a bone to pick with Buffett over hisContinue reading “Buffett donates fortune to charity, is accused of avoiding estate tax”

Now that’s a severance package!

Departing Senior VP and General Counsel Timothy Stevens of Borland Software has worked a deal whereby he gets to keep the “Company-issued laptop computer, monitor, printer and docking station used by Executive prior to the Separation Date together with the related loaded software, accessories and power cords.” If I left my firm I wouldn’t wantContinue reading “Now that’s a severance package!”

Toronto becoming more expensive to live

Not through any direct experience of my own, although my landlord did take the opportunity to raise my rent the maximum allowable by law a month ago, but the city has been moving up the ranks of the most expensive on the planet. Toronto of course ranks first in Canada as the most expensive placeContinue reading “Toronto becoming more expensive to live”

Tangled web they wove

Over at the AAO Weblog, there’s an interesting post concerning the Adelphia fraud and an “enabler”, Scientific-Atlanta, which is now a unit of Cisco. Around August 2000, Adelphia asked Scientific-Atlanta to increase the price of digital cable television set-top boxes it was selling to Adelphia – then kick back the difference to Adelphia in asContinue reading “Tangled web they wove”