As featured In Leading Domestic and International Publications
Is Finnish Gov Policy Harming Nokia?
When AT&T recently awarded a $14 billion contract to Ericcson, removing Nokia as a key 5G vendor, most concluded the contract was granted not due to technical prowess but rather for purely financial reasons. Before proceeding, let’s ask a simple background theoretical question. Is $25 million in annual tax revenues for the government of Finland worth…
Are Les Schwab and Meritage a Good Fit?
Les Schwab Tire Centers is one of the most iconic Northwest based companies, driven by Les’ absolute long term commitment to his employees. Les was kind to me since he worked with my father, who represented one of his major vendors, for more than 40 years. Growing up I probably visited 50 Les Schwab stores…
Are 401K’s Being Looted by a Brilliant China-Based Pyramid Scheme?
The US government is now considering de-listing China based firms for lack of regulatory oversight. These firms range in size from Alibaba to Luckin Coffee. Clearly President Trump and China’s Xi are locked in what amounts to a high stakes card game. And no one is acknowledging that Trump has a “Trump card” yet to…
The Guardian – Revealed: Wife of Putin’s Spokesman Faces Questions over US Tax Affairs
By Luke Harding and Jon Swaine – February 11, 2019 Questions have been raised about the US tax affairs of the wife of Vladimir Putin’s spokesman, after records suggested she may have failed to declare her true income to US regulators and not disclosed foreign bank accounts. Tatiana Navka, a former Olympic ice dancing champion, also…
The Guardian – Offshore cash helped fund Steve Bannon’s attacks on Hillary Clinton
By Jon Swaine – November 7, 2017 Leaked documents and newly obtained public filings show how the billionaire Mercer family built a $60m war chest for conservative causes inside their family foundations by using an offshore investment vehicle to avoid US tax. The offshore vehicle was part of a network of companies in the Atlantic…
Los Angeles Times – They Teamed Up to Conquer Wall Street. Now, One is Bankrolling Clinton and the Other Trump
By Joseph Tanfani and Evan Halper – October 6, 2016 When Republican senators investigated a little-known San Francisco nonprofit steering as much as $50 million a year to climate change activists, the right-wing media outlet Breitbart News pounced on the report. Breitbart branded the organization, the Sea Change Foundation, as a vehicle for “rich liberals who are secretly…
The New York Times – Intel Lawsuit Questions Place of Hedge Funds in Retirement Plans
By Gretchen Morgenson – November 20, 2015 “We push the boundaries.” That’s how Intel Corporation, the respect Silicon Valley computing giant, describes its role as an innovator and creator of value for shareholders, customers and society. The case against Intel has a different twist. At its heart is this question: Should hedge funds, private equity…
The Wall Street Journal – Pension Plan Cut Jeb Bush’s Taxes
By Mark Maremont – July 2, 2015 In the tax returns he released Tuesday, GOP presidential candidate Jeb Bush reported large deductions for payments to “pension and profit-sharing plans.” The payments averaged $350,000 a year for the past five years, far more than most people could contribute to an individual retirement account or 401(k) plan.…
Bloomberg – How an Exclusive Hedge Fund Turbocharged Its Retirement Plan
By Richard Rubin and Margaret Collins – June 16, 2015 It’s one of the sweetest employee perks in the hedge-fund world: a chance to invest in Medallion, the wildly profitable fund created by market legend James Simons. Now, with deft legal maneuvers and a blessing from Washington, the firm Simons started is giving its employees…
Barron’s – Going for Baroque
July 14, 2003 Read full story here
Taking a Closer Look at Microsoft – Barron’s
Joined at the Hip, by Bill Parish April 21, 2003 As much as 75 percent of Microsoft’s total employee compensation was being paid by simply printing up new stock without a dime of this cost being charged to earnings. A tax deduction was taken as employees cashed in their options. Read full Barron’s story here
Is This the Most Influential Man on Wall Street- Smart Money, The Wall Street Journal Magazine
Smart Money, The Wall Street Journal Magazine
The Microsoft Pyramid Scheme, By Bill Parish
The Microsoft Pyramid Scheme, By Bill Parish Portland, Oregon, November 28, 2001 I was the first to disclose how Microsoft’s scheme works, emulated by Enron, and specifically how Microsoft pays zero federal income tax. This included discussions with leading reporters at the NY Times, Wall Street Journal and other publications and training them how to…
The New York Times – When the Numbers Just Don’t Add Up
The New York Times August 19, 2001 Read full story here: New York Times – When the Numbers Just Don’t Add Up
Bloomberg Markets – Is Citi’s Math Fuzzy?
Bloomberg Markets Is Citi’s Math Fuzzy, by Loren Steffy March 2001 Read full story here: Bloomberg – Is Citi’s Math Fuzzy? By Loren Steffy
New York Times – Hidden Costs of Stock Options May Soon Come Back to Haunt
June 13, 2000 The New York Times story by Gretchen Morgenson highlighting how powerful companies report billions in income to shareholders and owe nothing in taxes? Read full story here: Hidden Costs of Stock Options May Soon Come Back to Haunt – The New York Times
German Newspaper – Das Bild
Germany’s Largest Paper- Das Bild, did a story on Bill Gates and myself. The title of the story was “Big Bill and Little Bill.”
The Oregonian – Some 401K plans pig out on expenses, charging too much for too little
The Oregonian July 13, 1998