Yesterday, I came across what seemed like an odd disclosure in UCBH’s (UCBH) proxy — that among the many perks that CEO Thomas Wu received last year were company-paid car washes.
While the dollar amount wasn’t given, it’s hard to get too worked up about whatever the cost might be. Even the fancy hand-wash places tend [...]

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 [...]

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 [...]

How much is Playboy (PLA) spending to provide food, housing and other “personal benefits” for Holly Madison, Bridget Marquardt and Kendra Wilkinson, Hugh Hefner’s live-in girlfriends and the stars of The Girls Next Door on the E! Network? About $400K according to the 10-K that Playboy filed on Friday.
Although according to Wikipedia, The Girls [...]

On Friday morning, when the former executives of two competing firms were preparing to get grilled by Congress over the subprime mess, Wall Street golden child Goldman Sachs (GS) filed its latest proxy. Depending on the source, Goldman’s Lloyd Blankfein made either $54 million {AP} or $67.5 million {WSJ}.
But the part that I found far [...]