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Today’s one of those weird holidays where the markets are open, but the SEC is closed, which means no new filings today. But on Friday, before they left for the holiday weekend, the SEC released a bevy of comment letters, many of which focus on compensation disclosures in the 2009 crop of proxies.
One of the [...]
As we followed yesterday’s “Bonusgate” events before Judge Jed Rakoff over why Bank of America (BAC) failed to disclose as much as $5.8 billion in bonuses to former Merrill Lynch employees, we couldn’t help but laugh out loud — LOL for you IM fans — over the “lawyers made us do it” excuse. Was that [...]
Speaking of AIG, on Tuesday the SEC released a virtual treasure trove of comment letters — more than 30 — between the agency and the troubled company dating back to the months before AIG (AIG) practically imploded and took the economy along with it. Judging by the first response in the batch, the SEC began [...]
Although the SEC began releasing comment letters back in 2005, it hasn’t exactly been a smooth process. Due to the vagaries of EDGAR, finding these letters can be very tricky and with the help of the SEC Data Guy we’ve been experimenting with ways to make these letters easier to find since we believe there’s [...]
Though it’s been awhile since we last footnoted CIT Group (CIT), given the news over the past few days, it seemed like a good idea to take a closer look at their filings.
One of the things that immediately jumped out was the relatively long string of comment letters between the company and the SEC, some [...]
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