Talk:Special-purpose entity

message: This article would benefit from clean-up.  First off, the coup d'etat example in the lead paragraph is quite sensational and sets the tone that SPEs are used primarily to circumvent laws and control environments.  And as we all know, the SPE would not protect the owners from prosecution for committing the crime described.  
The abuses (like Enron's) should be discussed in more detail, but so should the Itanium project and like SPEs.Bollar 12:20, Jun 23, 2005 (UTC)
:I will have to admit that the example may stuck out a bit. I honestly can't even remember reading SPE used in that manner except on a novel, Dogs of war by Frederick Forsyth. That doesn't however mean it hasn't happened. See, by giving that example, I wasn't implying that you wouldn't get in trouble for evil committed through an SPE, but it certainly make it hard to get in trouble. That is supported by the fact that, most of the SPE are doing jobs that their mother companies would not like to be associated with. i.e. It make them feel safe to decouple themselves from work that is ethically in the grey area or completely evil. I can restate your complains this way, "Sarbanes Oxley garantee companies will not lie about their financial state". That statement is however false. Sarbanes Oxley only make it hard for such event to happen. 64.229.8.117 13:32, 6 November 2005 (UTC)
thread_title: NPOV

message: I got here via the disambiguation page for "conduit". If conduit is a synonym for "special purpose entity", it probably should be mentioned briefly in the Article.--Goodmorningworld (talk) 11:47, 6 November 2008 (UTC)
thread_title: Conduit

message: This is a paragraph in "The Roaring nineties" by Joseph Stiglitz page 129
...The ethos at the time was to avoid as many taxes as possible, and the Reagan administration helpfully provided business (and affluent citizens) with host of new tax-dodging techniques. A firm was entitled to an investment tax credit, for example, when it bought a machine. But if the firm had no income to begin with, the credit had little value. To get around this difficulty, companies resulted to complex lease deals. Instead of buying a machine with borrowed money from say GE credit, a company would have GE credit buy it and rent it back to the company. The payment was the same....
Boy, i don'y feel like typing the whole section, so i will dive to the relevant section
..In the succeeding years, even more complicated devices were invented, partly to take advantage of different tax laws in different countries. It become common for numerous parties to figure in a single transaction-the kind of equipment purchase that in the past, would have entailed only one buyer and a seller or at most a buyer, a seller and a bank, which rent money. An American firm might sublease a piece of computer equipment to a foreign firm, created for that express purpose, and the foreigh firm might go to sublease it to another American firm (Also created for that purpose), who would make a single up-front payment to the foreign firm, but borrow the money from one branch of the bank and (to make sure the foreign firm didn't run off with the money) immediately deposit it into another branch of the same bank. The foreign firm might then contribute the capital - which consist of nothing more than the bank account and its pledge to pay the lease payments its obligated - to a partnership. A year later (Seemingly by agreement), the partner would buy out the new "partner," recording loss on its books on the deal. Other firms might be brought into the tax scam. This whirl of mini-transactions was meant to make the mind spin-to obscure the fact that nothing real was going on, and, to rob the US treasury.
I typed the second paragraph for two reasons:
* To support an edit i intend to include in the special purpose entity article.
* Seek assistance - I am sincerely lost. Would someone reword the paragraph above and potentially include some text graphic of what Stiglitz described above please ?
—Preceding unsigned comment added by Wk muriithi (talk • contribs) 05:41, 11 June 2005 (UTC)
thread_title: ''The Roaring Nineties'' quotation

message: I am reading this entry because I am getting into the power plant business (microgrids) and I must say that the introduction is overly negative.  If I may suggest, please make it more neutral, with the idea that SPEs may serve a positive commercial purpose.  — Preceding unsigned comment added by 75.67.114.195 (talk) 02:17, 15 January 2014 (UTC)
thread_title: Negative point of view