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Bizreader

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Bizreader

Re: dragon52 post# 2721

Saturday, 05/30/2009 4:11:51 PM

Saturday, May 30, 2009 4:11:51 PM

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The NOLs are valuable assets because they reduce any purchasers tax liability. That's like money in the bank.

But if there are expenses for acquiring WMI that might offset the benefit of the NOLs then the NOLs are not as attractive.

I many BK situations there may be NOLs but what is the unknown is the cost of acquistion, not just the assets.

This is the unknown I think.

http://www.sec.gov/complaint/selectconduct.shtml

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