Talk:Round-tripping (finance)

	Business and economics portal This article is within the scope of WikiProject Economics, a collaborative effort to improve the coverage of Economics on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.EconomicsWikipedia:WikiProject EconomicsTemplate:WikiProject EconomicsEconomics articles
???	This article has not yet received a rating on the project's importance scale.

Finance & Investment Mid‑importance

	This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
Mid	This article has been rated as Mid-importance on the project's importance scale.

Sources[edit]

The facts in the article were unsourced. I added sources for some, will look for the rest. Text for unsourced allegations moved here. (found sources for marked through text) FloNight ^talk 18:12, 25 February 2006 (UTC)[reply]

They played a crucial part in temporarily inflating the market capitalization of dot-coms such as Worldcom, energy traders such as ~~Enron and Dynegy~~, fiber optics networkers such as ~~Qwest and Global Crossing~~, digital communication companies such as ~~AOL~~ and WebEx, and computer hardware manufacturers such as ~~Sun~~ and Cisco.

Round-tripping is clearly documented in WebEx's annual reports. See e.g. its 2003 report [1], acknowledging on p. 5 that 11% of its revenue comes from distribution partners that admittedly include portals. These portals account for a substantial fraction of WebEx's advertising costs documented on p. 50. WebEx expressly admits its round-tripping arrangement with "a Chinese reseller" on p. 17. In view of the company's history, the details of the loan arrangement appear to signal self-dealing by its Chinese-connected executives. Please see Sun's annual reports for similar corroboration. Henryuzi 05:37, 1 March 2006 (UTC)henryuzi[reply]

Henryuzi, thank-you for the feedback.FloNight ^talk 15:34, 1 March 2006 (UTC)[reply]

The second paragraph of this article discussing round-tripping as a method to evade taxes seems to refer to the practice of domestic investors using a foreign shell company to take advantage of tax incentives that are only available to foreign investors. That is a very different sort of transaction than the one discussed by this article.