Talk:Kinder Morgan Energy Partners

Untitled
Check out this line from the Forbes article on Kinder-Morgan:"The company began in 1997 as a spin-off of Enron's pipeline operations, and now employs many former Enron employees, including former whistleblower Jordan Mintz." Look familiar? Hehe. Glad to see that Forbes writers know how to copy/paste. Evan7257 06:59, 30 August 2006 (UTC)

One big advantage of a general partnership is that you don't have to register with your state and pay an often hefty fee, as you do to establish a corporation or limited liability company. And because a general partnership is normally a " pass through" tax entity (the partners, not the partnership, are taxed unless you specifically elect to be taxed like a corporation) filing income tax returns is easy. Unlike a regular corporation, there is no need to file separate tax returns for the corporate entity and its owners. But given that the business-related acts of one partner legally bind all others, it is essential that you go into business with a partner or partners you completely trust. It is also essential that you prepare a written partnership agreement establishing, among other things, each partner's share of profits or losses, day-to-day duties and what happens if one partner dies or retires.

A major disadvantage of doing business as a general partnership is that all partners are personally liable for business debts and liabilities (for example, a judgment in a lawsuit). While it's true that a good insurance policy can do much to reduce lawsuit worries and that many small, savvy businesses don't have debt problems, it's also true that businesses which face significant risks in either of these areas should probably organize themselves as a corporation or LLC.

Copyright 1999 Nolo.com, Inc. —Preceding unsigned comment added by 122.52.157.30 (talk) 14:49, 14 January 2010 (UTC)

NYSE Symbol KMP is incorrect, changed to KMI
Wrong ticker 71.139.161.62 (talk) 19:34, 9 July 2015 (UTC)

Merge part of the Suisun Bay article in?
Hi. I don't know how to do the fancy tags, but I think that the last paragraph in the Suisun Bay article should be merged into section 3.1 here. It has more details.

Helloholabonjournihaonamastegutentag (talk) 03:51, 3 December 2015 (UTC)

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