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How the Wealthy Are Saving Billions in Taxes by Skirting a Century-Old Law

Goldman Sachs helped billionaires dodge taxes by selling stocks and replacing them with nearly identical investments.

New yorkUnited statesSam waltonLawrence zelenakSteve ballmerBrian actonSteve rosenthalMark zuckerbergBryan skarlatosJean brunelJim waltonKostelanetz finkDavid schizerDustin moskovitzDivesh makanMorgan stanley

How the Wealthy Sidestep Wash Sale Ban to Reap Tax Savings — ProPublica

Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.

New yorkUnited statesSam waltonLawrence zelenakSteve ballmerBrian actonSteve rosenthalMark zuckerbergBryan skarlatosJean brunelJim waltonKostelanetz finkDavid schizerDustin moskovitzDivesh makanMorgan stanley

Sequoia, Marc Andreessen back early-stage fund Kearny Jackson

Sequoia Capital and Bain Ventures are among the high-profile investors that have backed the venture firm Kearny Jackson’s second fund.

New yorkUnited statesSan franciscoBlackrock mark woolleyAlexis ohanianKearny jacksonKleiner perkinsChris dixonSriram krishnanManik guptaJaynti kananiGreg stangerSunil chhayaMarc andreessenDivesh makanArnav bhimbet

Madison Realty Capital Sells Minority Stake to Iconiq

Madison Realty Capital Sells Minority Stake to Iconiq
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesSheryl sandbergBrian shatzDivesh makanJosh zegenAdam tantleffMark zuckerbergMadison realty capitalGoldman sachsRealty capitalIconiq investment managementFrancisco based iconiqSilicon valleyNew york city

FTX Trading Raises $420m - Traders Magazine

FTX Trading Raises $420m - Traders Magazine
tradersmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradersmagazine.com Daily Mail and Mail on Sunday newspapers.

Acklins and crooked islandsSam bankmanAmy wuDivesh makanRamnik aroraOlivia steedmanAlfred linTom loverroFtx trading ltdSequoia capitalOntario teacher pension plan boardTeacher innovation platformSea capitalTiger globalRibbit capitalLightspeed venture partners