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A comment on $3 Trillion in Forgotten Debt. Parent comment

Re:$3 Trillion in Forgotten Debt by Spooky23 on Friday November 17, 2017 @06:18PM (#15726803)
Remember that leases aren’t just leases for real estate. Many companies operationize most or all capital costs. Companies dump all sorts of crap into them.

When I used to sell stuff in college, my fortune 50 customers dumped all sorts of stuff into leases like office supplies, etc. My account had me running around buying thousands of pens from stores around us to for one Fortune 50 customer to roll into a lease for a bunch of servers.

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Re:$3 Trillion in Forgotten Debt by quickthrower2 on Friday November 17, 2017 @11:57PM (#15727830)
When does this cross the line and become fraud?
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Re:$3 Trillion in Forgotten Debt by Spooky23 on Saturday November 18, 2017 @12:50AM (#15727922)
Usually leases allow for overhead costs to be lumped in to some percentage.

If you buy something, you can roll installation services into it. This was just stretching it.

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Re:$3 Trillion in Forgotten Debt by jessaustin on Saturday November 18, 2017 @12:06AM (#15727849)
Who would be the victim of fraud in the situation described above? It's my understanding that both the lessor and the lessee know about the office supplies.
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Re:$3 Trillion in Forgotten Debt by JumpCrisscross on Saturday November 18, 2017 @12:08AM (#15727852)
And the IFRS rules in question came about to ensure investors were similarly informed. Leasing is less capital intensive, more tax efficient and more flexible than owning.

Case in point: when I consume a bottle of water from my Uber driver, I am consuming it as part of a lease.

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Re:$3 Trillion in Forgotten Debt by dd36 on Saturday November 18, 2017 @07:54AM (#15728774)
The investor.
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