fitchjo

By law, any public company in the US (and most other countries) are required to have a financial statement audit. I am sure there are instances where it is not required, but substantially all private companies that have debt are required per their credit agreement to have a financial statement audit completed. I would be interested where you are getting your information that auditing a company is not a normal process.

I assume/hope the newer versions in hotels that are a little l bracket that flips are little harder to get open?

Or, most cynically, returned to owners in the form of dividends/distributions or stock buybacks

I think he is arguing the exact opposite.

Why do you feel so attacked about the subject of this article such that you have concluded this is part of a gender "war"?

If I understand your claim correctly, it is just that simply there weren't any reliable sources to verify the information because there are not any articles about these women; however, the article further examines (or at least considers) that exact fact as being part of the issue - that these women are not being written about at the same rate as men.

Am I being a bit naive to think that this has more to do with public safety? In theory, there is some increased level of regulation/review of the car and medical device manufacturers that limits the risk these repairs aren’t done to an appropriate standard? You can make a trade-off between standard of repair and price for your iPhone that only impacts the device, but cars and medical devices not properly repaired could impact a life.

NOL (net operating loss) carryforwards, which is what is being described above, would not make a difference in the situation you have laid out here - it sounds like your issue is the fact that we have a progressive tax for personal income (versus a flat tax for corporations)

As a couple other replies have mentioned, determining insolvency and when to file bankruptcy is a bit more complicated than this simple comparison. A quick counterpoint - you start a company on Day 1 and put $1 into the company; on Day 2, you borrow $10, but with the costs associated with borrowing, you only net $8 cash; at that point, you have outstanding debt (liabilities) of $10, but cash (assets) of $9; your new company is not insolvent, however - you can take that $9 and generate additional cash flows that allow you to repay the $10 debt in the future. While certainly not common, there are plenty of companies operating that have negative equity - it certainly is an indicator of a company having some challenges, but not an absolute that the company should be dissolved.

You can definitely find certain items/dishes where it is cheaper to buy already made instead of making yourself - rotisserie chickens in the US are a perfect example of that. On the whole, though, cooking at home is less expensive than eating out.

> So wait, hold on, is cooking more expensive or not? What are they eating that's supposedly healthier but significantly more expensive?

Cooking unprocessed meals is more expensive than cooking ultra-processed meals. Cooking at home, however, is less expensive than eating out, which appears to be the reference they are making in the second quote.

> What major grocery chain doesn't carry everything needed to make dinner?

For those shopping on a budget, going to multiple stores may be necessary based on pricing differences between stores (including consideration of sales or coupons for different products).

He is mentioned here pretty regularly, so many may already be aware, but Matt Levine discusses this and its variants a lot in his newsletter, most of the time under the heading "Should index funds be illegal?"

Historically, the US used CPT, which was different than the rest of the world, but since they adopted ICD-10, they use the same billing/procedure codes as the rest of the world. The entire time, though, any provider in the US was using the same set of billing codes.

Are you implying that the bankers should go to jail for the misrepresentations made by the applicant because they didn’t exercise an “appropriate” level of diligence?

What evidence have you seen that tether is backed by real money? I haven't seen "definitive" proof/evidence either way, but it would seem there are certainly strong suspicions that tether is not backed by real money (e.g., never having completed an audit and being fired by their auditing firm).