The Case of Killian Hill vs The State (v)Posted: December 27, 2016
Setting: offices of Giles & Jerico Actuarial Practice
Killian Hill, high net worth individual – client of Giles & Jerico
Giles Goldstein, personal wealth manager
I suppose you’re already aware of the new administration’s tax repatriation plan…
Of course, perfect time to move some cash back into the US.
Good for business yes, but not sure about the trickle down economics claims.
Speaking as a man of wealth, I’ll let you in on a little secret: the words ‘for public benefit’ simply allude to a ‘no liability ransack’ and in this case it just means we (the rich) can use the cash for share buybacks, and cement our power even further. And I hope you’re already on top of things?
No need to panic. I’ve got it under control.
All right then, I’ve left most of the funds in the Cayman Islands in situ for now until I have clearer insight into post-Brexit volatility. However, I am moving some money out of Europe and selling off some FTSE shares to make sure we’re liquid since the S&P 500 is bound to boom in buybacks.
Well, okay. Do what you gotta…
Hark! It’s done. Don’t worry. Have some festive season fun, will ya?
I will, if you can guarantee there won’t be any controversies. Clean transactions. How about that!
Got it, no Razak – 1MDB scandal type of biz – none of that! All pizzazz!
Psst! Giles please, save it! As long as I’ve known you, you’re always optimistic this time of year. You call it festive spirit, I call it big bonus buzz. So don’t get too comfortable or this year’s might just be the last!
© Heath Muchena, 2016