Replies to post #116244 on Lehman Brothers Financial SA (LEHNQ)

[indepth05]

Easy! ..Dealing with Section 357 simply means structuring transfers so liabilities never exceed the tax basis of the assets at the moment they’re moved. In practice, that’s done by pairing liabilities with higher-basis assets, adjusting structure before the transfer, and sequencing internal reorganizations carefully so no taxable gain is triggered under 357(c), keeping the entire process tax-neutral and preserving value.

[cottonisking]

+9 The Federal Bureau of Investigation (FBI) is the primary federal law enforcement agency and domestic intelligence service of the United States. Operating under the Department of Justice, it investigates federal crimes, protects against national security threats (terrorism, espionage, cybercrime), and upholds U.S. law. The FBI also has the motto "Fidelity - Bravery - Integrity".Key Aspects of the FBI:Mission: Protect the American people and uphold the U.S. Constitution.Responsibilities: Investigates counterintelligence, cybercrime, public corruption, civil rights violations, organized crime, and major violent crimes.Structure: Headed by a director appointed by the president and confirmed by the Senate, the bureau employs over 37,100 people, including special agents and professional staff.Origin: Established in 1908 as the Bureau of Investigation, it was designated as the FBI in 1935.Distinction: Unlike the CIA (which acts abroad), the FBI focuses on domestic security and law enforcement, though it operates internationally to support partners.The FBI operates field offices in major cities nationwide and abroad, providing services like the Fingerprint Identification Program and the National Crime Information Center to law enforcement partners.