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New Intel AMT Security Issue Lets Hackers Gain Full Control of Laptops in 30 Seconds
To exploit this issue, all an attacker with physical access to a password (login and BIOS) protected machine needs to do is reboot or power-up the targeted PC and press CTRL-P during boot-up, as demonstrated by researchers at F-Secure in the above video.
hardware  bug  amt  intel 
5 weeks ago by whip_lash
Intel® Product Security Center
Jesus. This was a terrible idea to begin with and yes, they have buffer overflows.
intel  security  amt  exploit  hacker  doooomed 
november 2017 by yorksranter
Got Incentive Stock Options? Beware of the AMT: A KLR Global Tax Blog Article
ISOs, please contact us to discuss what strategies are appropriate for your particular situation. Investment, Estate, Retirement, and Tax planning should all be considered in these types of transactions, and working with a CPA who has a Personal Financial Specialist (PFS) designation is a great place to start.
pfs  stockoptions  amt  lingotax 
october 2017 by imaginaryfriend
TaxProf Blog
The recent $700 billion rescue package to bolster the financial system also threw a lifeline to thousands of people who owed taxes on stock options dating to the technology-stock crash of 2000.
Some individual tax bills exceeded $1 million for shares that later plunged in value. A five-paragraph section tucked into the bailout bill effectively erased those taxes, at an estimated cost to the Treasury of $2.3 billion.
peopletotalkto  amt  tax  academia  lingotax  stockoptions 
october 2017 by imaginaryfriend
The Tax Lawyer's Blog - ReformAMT Group Wins, Gets Stock Option AMT...
The recent $700 billion rescue package to bolster the financial system also threw a lifeline to thousands of people who owed taxes on stock options dating to the technology-stock crash of 2000. Some individual tax bills exceeded $1 million for shares that later plunged in value. A five-paragraph section tucked into the bailout bill effectively erased those taxes, at an estimated cost to the Treasury of $2.3 billion.
bailout  reformamt  amt  tax  irs  lingotax 
october 2017 by imaginaryfriend
Alternative minimum tax - Wikipedia
Stock options[edit]
The alternative minimum tax may apply to individuals exercising stock options. Under AMT rules, for incentive stock options at the time of exercise, the "bargain element" or "spread price" (the difference between the strike price and fair market value) is treated as an AMT adjustment, and therefore needs to be added to the AMT calculation even though no ordinary income tax is due at the time of exercise. In contrast, under the regular tax rules capital gains taxes are not paid until the actual shares of stock are sold. For example, if someone exercised a 10,000 share Nortel stock option at $7 when the stock price was at $87, the bargain element was $80 per share or $800,000. Without selling the stock, the stock price dropped to $7. Although the real gain is $0, the $800,000 bargain element still becomes an AMT adjustment, and the taxpayer owes around $200,000 in AMT.
The AMT was designed to prevent people from using loopholes in the tax law to avoid tax. However, the inclusion of unrealized gain on incentive stock options imposes difficulties for people who cannot come up with cash to pay tax on gains that they have not realized yet. As a result, Congress has taken action to modify the AMT regarding incentive stock options. In 2000 and 2001, people exercised incentive stock options and held onto the shares, hoping to pay long-term capital gains taxes instead of short-term capital gains taxes.[54] Many of these people were forced to pay the AMT on this income, and by the end of the year, the stock was no longer worth the amount of alternative minimum tax owed, forcing some individuals into bankruptcy. In the Nortel example given above, the individual would receive a credit for the AMT paid when the individual did eventually sell the Nortel shares. However, given the way AMT carryover amounts are recalculated each year, the eventual credit received is in many cases less than originally paid.
amt  tax  lingotax  stockoptions 
october 2017 by imaginaryfriend
Stock Options and the Alternative Minimum Tax (AMT)
This explanation is, of course, the simplified version of a potentially complex matter. Anyone potentially subject to the AMT should use a tax advisor to make sure everything is done appropriately. Generally, people with incomes over $75,000 per year are AMT candidates, but there is no bright dividing line.
amt  tax  lingotax  stockoptions 
october 2017 by imaginaryfriend
Atrocity statistics from the Roman Era
General population decline during The Fall of Rome: 7,000,000 [make link]
- Colin McEvedy, The New Penguin Atlas of Medieval History (1992)
- From 2nd Century CE to 4th Century CE: Empire's population declined from 45M to 36M [i.e. 9M]
- From 400 CE to 600 CE: Empire's population declined by 20% [i.e. 7.2M]
- Paul Bairoch, Cities and economic development: from the dawn of history to the present, p.111
- "The population of Europe except Russia, then, having apparently reached a high point of some 40-55 million people by the start of the third century [ca.200 C.E.], seems to have fallen by the year 500 to about 30-40 million, bottoming out at about 20-35 million around 600." [i.e. ca.20M]
- Francois Crouzet, A History of the European Economy, 1000-2000 (University Press of Virginia: 2001) p.1.
- "The population of Europe (west of the Urals) in c. AD 200 has been estimated at 36 million; by 600, it had fallen to 26 million; another estimate (excluding ‘Russia’) gives a more drastic fall, from 44 to 22 million." [i.e. 10M or 22M]

The geometric mean of these two extremes would come to 4½ per day, which is a credible daily rate for the really bad years.

why geometric mean? can you get it as the MLE given min{X1, ..., Xn} and max{X1, ..., Xn} for {X_i} iid Poissons? some kinda limit? think it might just be a rule of thumb.

yeah, it's a rule of thumb. found it it his book (epub).
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september 2017 by nhaliday

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