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One key principle here at footnoted is that the small stuff does matter. Look no further than Vinod Gupta, who, yesterday evening, became the Securities and Exchange Commission’s poster child for perks run amok.
Of course, in Gupta’s case, the little stuff turned out not to be so little, as the SEC tells it. We’ll spoil [...]
We’ve certainly picked on cruise line Carnival Corp. (CCL) and its Chairman and CEO, Micky Arison over the years for some unusual perks like Miami Heat tickets and corporate jet usage (see here and here among others). But as we were reading the company’s recent proxy, we actually came across a footnote that seemed worth [...]
Yesterday, Mesa Air Group (MESA) announced that it was filing for Chapter 11. Here’s a snip from a statement made by Chairman and CEO Jonathan Ornstein in yesterday’s press release:
“Over the past two years, we have worked closely with our lessors, creditors and other constituents to restructure our financial obligations. These efforts have led to [...]
It’s Q season and footnoted regulars know what that means — lots of crazy things buried deep in the filings. Sonya, Kristen and myself spent much of the weekend in our waders working our way through all sorts of filings. Some of the biggest names — Berkshire Hathaway (BRK.A), Yahoo (YHOO), Bank of America (BAC) [...]
While we’re still making our way through the massive amount of Qs that have been filed over the past few days, we thought that this transcript attached to an 8-K filed late yesterday by footnoted frequent flyer FTI Consulting (FCN) was too amusing to pass up. Here’s a snip from CEO Jack Dunn:
On the regulatory [...]
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