Suggestions(1)
Exact(3)
But the Madoff investors who withdrew more than they invested do not deserve to recoup their fictitious gains.
Tax is also paid on capital gains, with no allowance for inflation; thus, fictitious gains are taxed, and a tax may even be levied when no real gain has occurred.
Investors were also battered and ended up paying taxes on fictitious gains when they sold securities–even though, when adjusted for inflation, those gains were actually losses.
Similar(53)
Picard, armed with what he says is evidence that Katz and Wilpon knew or should have known that Madoff was a potential fraud, can seek not only what he defines as some $300 million in "fictitious profits" — the net gains in scores of Madoff accounts held by Katz and Wilpon and their businesses — but also some $700 million in Katz and Wilpon money that was invested with Madoff over the years.
Bankruptcy law, he has argued, authorized him to try to recover from the owners of the Mets not only what he has called "fictitious profits" — their net gains from individual accounts maintained with Madoff over the years — but also hundreds of millions of dollars in principal that had been invested with Madoff over 25 years.
In accusing them of willful ignorance of Madoff's scam, Picard said that the victims he represents were entitled additional hundreds of millions beyond the $300 million in what he calls "fictitious profits" — the net gains achieved in scores of Madoff investment accounts over the years.
He created fictitious trades to conceal his gains on SocGen's balance sheet, but the fake trades did not hide the cash flow.
In changing its view of the bonds, Moody's said it was looking at the trustee's demands for $300 million from the Mets' owners in "fictitious profits" — their suspected net gains in Madoff investment accounts — and $700 million more for what the trustee said was their willful ignorance of the Ponzi scheme.
For guidance purposes four thresholds (20,000, 30,000, 50,000, and 100,000 Euros per QALY gained) representing different fictitious willingness to pay (WTP) levels were implemented within the scatter plot of the PSA considering costs per QALY gained.
No evidence has been found to suggest that they did lobby ministers on behalf of this fictitious US lobbyist for financial gain.
The LMMSE channel gain estimate coincides with the MAP channel gain estimate for the (fictitious) case where h SRD is ZMCSCG distributed with variance H SR H RD and N SRD is replaced by N SRD, avg.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com