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	<title>Comments on: WWSD (What would Superman do)?</title>
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	<link>http://www.footnoted.org/earnings-quality/wwsd-what-would-superman-do/</link>
	<description>Michelle Leder's guide to what's hiding in SEC filings</description>
	<pubDate>Tue, 06 Jan 2009 10:32:05 +0000</pubDate>
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		<title>By: Daniel</title>
		<link>http://www.footnoted.org/earnings-quality/wwsd-what-would-superman-do/comment-page-1/#comment-4127</link>
		<dc:creator>Daniel</dc:creator>
		<pubDate>Fri, 14 Dec 2007 15:16:00 +0000</pubDate>
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		<description>It's not unusual to "fund" deferred comp with corporate owned life insurance.  This allows tax free earnings on the amount paid to the insurance company.  Loans and the proceeds of the insurance polcy when the executive dies are not taxable, but the deferred income payments are deductible when paid.</description>
		<content:encoded><![CDATA[<p>It&#8217;s not unusual to &#8220;fund&#8221; deferred comp with corporate owned life insurance.  This allows tax free earnings on the amount paid to the insurance company.  Loans and the proceeds of the insurance polcy when the executive dies are not taxable, but the deferred income payments are deductible when paid.</p>
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		<title>By: Richard Jacovitz</title>
		<link>http://www.footnoted.org/earnings-quality/wwsd-what-would-superman-do/comment-page-1/#comment-4082</link>
		<dc:creator>Richard Jacovitz</dc:creator>
		<pubDate>Tue, 11 Dec 2007 17:48:09 +0000</pubDate>
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		<description>Michele,

It is interesting that you were looking at Sharper Images's 10Q while the activist investor Clinton Group announced in their 13D filing that they now own 7.2% of the company's shares.  No connection but they must think there is still something worth considering when viewing Sharper Image.

Best,
Richard
Liberum Research</description>
		<content:encoded><![CDATA[<p>Michele,</p>
<p>It is interesting that you were looking at Sharper Images&#8217;s 10Q while the activist investor Clinton Group announced in their 13D filing that they now own 7.2% of the company&#8217;s shares.  No connection but they must think there is still something worth considering when viewing Sharper Image.</p>
<p>Best,<br />
Richard<br />
Liberum Research</p>
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