Takes a closer look at the things that companies try to bury in their routine SEC filings. Some posts are little factoids while others are more serious, like aggressive accounting or the type of questionable self dealing that can often be indicative of serious problems at a company.
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My good friend and blogger extraordinaire Barry Ritholtz wrote such a compelling post yesterday about the SEC that I thought it was worth sharing with footnoted.org readers. Here it is in its...
Last we checked, Freddie Mac (FRE) was still operating under a conservatorship, having received over $51 billion in taxpayer money. And, we seem to recall lots of chest-beating last year about...
As most footnoted regulars know, we’ve read a lot of employment contracts and severance agreements over the years. Way too many to count, in fact. But the agreement with former Chief Operating...
Earlier this week, I bought an airline ticket to Washington for a meeting next week. In the past, I’ve taken Amtrak or my new favorite, Bolt Bus, but flying — even booking just a week in advance
Ever since Amazon announced that it was acquiring the privately held Zappos last week for just over $800 million, the internet has been ablaze about whether Zappos was forced to sell...
After the public learned that the Obama girls wore J. Crew-designed coats for their father’s inauguration, the company enjoyed what became known as “the Obama bump.” Sales soared – especially after the company crowed about its connection to...
Though we often read filings several times just to make sure we’re reading (and interpreting them) correctly, we honestly did a double-take when we read the 8-K that Black and Decker (BDK) filed late yesterday. The filing was a follow-up to the $4.5...
Yesterday, we poked at the SEC for not just dumping 6,100 pages of material on a Friday afternoon, but for failing to provide a road-map to the 536 exhibits. In separate conversations with me, a representative of the SEC and SEC Inspector General David...
Late yesterday, Peet’s Coffee & Tea (PEET), my personal favorite when it comes to caffeine delivery devices, announced that it was buying Diedrich’s Coffee (DDRX) for $213 million.
Coincidentally, Diedrich’s filed what’s likely to be its last 10-Q...
By now, you’ve probably heard or read about the massive document dump that the SEC unleashed on Friday night: 536 exhibits related to the Bernie Madoff case. Reading all of these — even figuring out which ones are worth reading — was all but...
