Judging by the news this morning about new subpoenas going out over auction rate securities, this is one more headache for Wall Street that’s likely to get worse. So I decided to take a look at how companies are talking about this mess in their recent filings. The short answer is a lot more than [...]

Nearly seven weeks ago, we footnoted about what seemed like an interesting disclosure at AMR (AMR), the parent company for American Airlines, which disclosed a sizable increase in the number of airworthiness directives it had received in its 2007 10-K. At the time, the stock was trading at around $14.50 a share.
Fast forward to today [...]

It’s been another one of those weeks here at footnoted, with so many filings that it’s been hard to pick and choose. So instead of just focusing on one or two, I thought I’d do a bit of “spring cleaning” and talk about some of the things that wound up in the footnoted net this [...]

Retailer American Apparel (APP), which is usually described as being edgy and which since going public via a special purpose acquisition company in mid-December has fallen sharply, had more than a few sharp edges in the 10K it filed on Monday.
Controversial CEO Dov Charney is currently dealing with one lawsuit alleging sexual harassment and wrongful [...]

Remember the good old days before we taxpayers found ourselves bailing out the likes of Bear Stearns, back when the most exciting story on the business page was stock option backdating? Sure, the backdating scandal was disturbing, revealing widespread sneakiness in the service of greed, and it caused a bunch of earnings restatements. But no [...]