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Archive for the 'Blog-reel' Category

Just a little off the top, please….

Thursday, September 11th, 2008

Unless you looked at the proxy that Regis Corporation (RGS) filed Tuesday, there might be some initial confusion about whether that directive is coming from a salon customer or one of the company’s executives. Based on Tuesday’s filing, good money says it’s the latter.
In the fiscal year that ended June 30, 2008, Chairman/President/CEO Paul Finkelstein’s total [...]

On Fannie, Freddie and WaMu…

Tuesday, September 9th, 2008

Today’s my first day back from 10 days spent on a remote island off the coast of Maine and my inbox has been inundated with questions about Fannie (FNM), Freddie (FRE) and Washington Mutual (WM), all of which lost their CEOs, not to mention billions of dollars in shareholder equity. Everyone — even my mom, [...]

SEC & DOJ Drop Hammer on Former Halliburton/KBR Executive

Thursday, September 4th, 2008

What is the punishment for bribing Nigerian officials and violating the Foreign Corrupt Practices Act? Apparently it’s seven years in the pokey and a $10.8 million fine. Jack Stanley, the former chief executive of KBR Inc. (KBR), a former Halliburton (HAL) subsidiary, agreed yesterday to plead guilty to participating in a decade-long scheme [...]

Not just new decor at Ruby Tuesday…

Thursday, August 21st, 2008

Two weeks ago, Ruby Tuesday (RT) staged a mock demolition to drive the point home that the restaurant chain was changing. But the demolition, which was a big hit on YouTube, judging by this long list of people who filmed it, actually showed another chain restaurant being blown up, prompting the company to issue what [...]

Circuit City’s rosy prose…

Wednesday, August 20th, 2008

As footnoted regulars know, we love to poke at corporate-speak almost as much as we like to poke at accounting and legal-speak — the three languages used most often in corporate filings. So when struggling electronics chain Circuit City (CC) announced yesterday that one of its directors, James Marcum, was being hired as vice chairman [...]