Topic: Regulatory

— 1969 items —

At the Friday night dump…
May 26, 2009—While there may not be any guarantees in life, it’s pretty much a given that the Friday before a long holiday weekend will be a busy one. So while you were off enjoying the weekend, Sonya and I were chained to our laptops digging through SEC filings. Cue the sympathetic music! And, perhaps more importantly, […]

Mastercard says see no evil…
May 20, 2009—Yesterday, the Senate passed by a vote of 90-5 what has been described by the WSJ and others as sweeping restrictions on the credit card industry. Given how this wasn’t really that big of a surprise and given how the House is expected to pass similar legislation and President Obama is expected to sign it, […]

AIG: Blame the negative publicity…
May 8, 2009—Journalists really can’t catch a break. The daily tales of more layoffs, unpaid furloughs and magazine closings (including Portfolio, which ran a monthly footnoted column). But now there’s this: those darn journalists are responsible for the problems at AIG (AIG). We’ll borrow a line from our friend, Jeff Matthews: we are not making this up! […]

More on the GAO report on the SEC…
May 7, 2009—Here at footnoted, we’re used to doing our own stuff, whether it’s writing some simple code or making some copies. But then again, we don’t have a plush office like the folks at the SEC do. When we were last there a few years ago, we remember being particularly impressed by these very fancy (and […]

Live blogging Mary Schapiro speech at SABEW
April 27, 2009—Mary Schapiro just started speaking to the Society of American Business Editors and Writers convention in Denver. I’ll be posting highlights here: 12:54: Final question on what SEC is doing to make sure that those thousands of complaints are winding up on the right desk and how that’s being coordinated with regional offices. Says she […]

All eyes on Harry Markopolos…
February 3, 2009—Be sure to set your Tivo tonight because tomorrow at 9:30 Harry Markopolos will be testifying before a subcommittee of the House Financial Services committee. Judging by his prepared testimony — all 65 pages of it — it should be a pretty good show tomorrow, though it won’t reflect positively on the SEC, which bears […]

A snow-day and Goldman’s 10-K…
January 28, 2009—It’s snowing here in the northern burbs, which has given me plenty of time to brew some coffee and dig into the 10K that Goldman Sachs (GS) filed yesterday. Weighing in at 691 pages — nearly double the size of last year’s K, it’s certainly a lot to digest and we have to admit getting […]

Live blogging Mary Schapiro hearings
January 15, 2009—The confirmation hearings for Mary Schapiro are set to begin in 15 minutes and we’ll be live blogging them here at footnoted. You can also watch the live-stream here. As we wait for the hearing to start, be sure to check out this story in today’s WSJ on Schapiro. The second paragraph says it all: […]

More on Mary Schapiro…
December 18, 2008—I’ve just finished watching the press conference where President-Elect Obama officially named Mary Schapiro to head the SEC. Like other top appointments, Schapiro will have to be confirmed by the Senate. In her brief comments after being introduced, Schapiro described this as a “perilous time for investors who are looking to policymakers and regulators to […]

Breaking: Obama to name Mary Schapiro to SEC
December 17, 2008—Several media outlets including Bloomberg and the WSJ are reporting that Mary Schapiro will be tapped to head the SEC at a news conference in Chicago on Thursday. Schapiro was a former SEC Commissioner under President Clinton and was acting chairman in 1993. While I don’t know much about Schapiro, her background as head of […]