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DewDiligence

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DewDiligence

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Re: DewDiligence post# 180978

Wednesday, 08/06/2014 8:47:28 AM

Wednesday, August 06, 2014 8:47:28 AM

Post# of 257302
No tax inversion for WAG:

http://www.marketwatch.com/story/walgreen-down-13-in-premarket-on-inversion-disappointment-2014-08-06

As noted in #msg-105011951, the talk in Washington re blocking new tax inversions became more threatening now that the US Treasury is thinking of taking action without Congressional approval.

p.s. I predict that no additional large companies—e.g. PFE—will do a tax inversion amid the stepped-up threats from the US government.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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