Topic: Risk Factors

— 2640 items —

Down memory lane with the bankers…
February 12, 2009—Inspired by yesterday’s marathon hearing that saw 8 of the nation’s top banking titans subjected to hours of Congressional questions, I decided to do a little wandering through some filings from a few years ago, when things were decidedly rosier. It didn’t take that long for me to come across this filing from Golden West, […]

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 […]

What are they shopping for at Dillard’s?
December 10, 2008—Earlier this week, Barrington Capital and Newcastle Partners sent this letter to Dillard’s (DDS) asking to inspect the company’s records and books, including board minutes, corporate jet records and records related to transactions with various members of the Dillard family. The letter was virtually identical to this one sent back in March. While the story […]

Breaking: SEC charges Mark Cuban
November 17, 2008—Just received a press release from the SEC that it has charged internet entrepreneur Mark Cuban, 50, with insider trading. The release is here on the SEC’s site and the 9 page complaint (pdf) charges Cuban with insider trading — specifically selling 600,000 shares of Mamma.com Inc., which is now known as Copernic (CNIC) and […]

Live blogging hedge fund hearing!
November 13, 2008—Today’s main event — the fifth in a series of hearings examining the market meltdown — is likely to be a lively hearing featuring five top hedge fund managers and a group of professors, among them former SEC Chairman David Ruder. The prepared testimony is available on the committee’s site. Henry Waxman just opened the […]

Companies assess (or at least guess) impact of new Obama Administration…
November 7, 2008—Even before Tuesday’s election results, companies began contemplating what the change in Administration would mean for them. But now that the results have come in (for the most part, anyway, since there’s still 9 House and Senate seats in limbo), companies are beginning to spell out their concerns as well as their hopes and dreams […]

The bill collector cometh at Xcel…
October 27, 2008—With the latest round of Qs coming out, we’re starting to see all sorts of new warnings about the current financial mess and the impact this is likely to have on various companies. Take this new one that Xcel (XEL) added in the 10Q it filed on Friday afternoon: Credit risk includes the risk that […]

Costco’s gold star worthy K and contract…
October 17, 2008—It’s been awhile since we’ve handed out any gold stars here at footnoted. And what with the market mayhem, margin calls, Paulson playing hardball with the nation’s top bankers, and AIG executives showing just how stupid they can be, there hasn’t been a lot to celebrate. But then I came across Costco’s (COST) 10K, which […]

GE couldn’t wait on its new sharp warnings…
October 3, 2008—On Wednesday, the same day that General Electric (GE) announced a $3 billion infusion from Warren Buffett, it filed a three-sentence 8-K about the deal. But it was the exhibit attached to the 8K that caught my attention: new sharply worded warnings about the state of the economy and its impact on GE. Indeed, if […]

Playing the blame game…
October 2, 2008—This financial crisis is painful, but everyone seems to be enjoying the blamefest. Choose your culprit: Wall Street, the White House, Congress, candidates, lobbyists, Fannie, Freddie, FASB, mortgage bankers, borrowers. Or all of the above. Then there are the regulators. On that score, some politicians are saying there was “no regulation” of the financial markets. […]