[jpthomas]

I hope the recipients of these loans are aware of the potential tax consequences. Depending on the details of the terms of the loan, the employer is treated as if it paid additional compensation to the employee in the amount of the difference between the actual rate of interest and something called the applicable federal rate (AFR). The AFR is a kind of "market" interest rate computed using average yields of U. S. Treasury Obligations. This additional compensation income is deductible by the employer and is taxable to the executive.

[VeniVidiVici]

Depending on the details of the terms of the loan, the employer is treated as if it paid additional compensation to the employee in the amount of the difference between the actual rate of interest and something called the applicable federal rate (AFR).

Thanks for answering my question while I was typing! No wonder they don't want to disclose the names. Someone should file under the CA Sunshine statute, if one exists, find out the names and then call the IRS. Could be a pretty hefty reward ;-)