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One last Christmas gift…

Tuesday, January 6th, 2009

Yesterday, Movado (MOV) announced that its longtime Chairman and CEO, Gedalio Grinberg, had died on Sunday, which reminded me of this agreement that we spotted in an 8K filed just before the Christmas break when all sorts of stuff was buried.
While it’s fairly common to include survivor benefits, especially for a founder of a company, [...]

And the worst footnote of 2008 was…

Friday, January 2nd, 2009

Earlier this week, we asked footnoted.org readers to vote on the worst footnote of 2008. And while it wasn’t a blow-out like last year, when readers overwhelmingly chose Qwest (Q), this year’s contest was a lot closer.
But A. Schulman’s (SHLM) fishing camp disclosure took the top prize for worst footnote of 2008. Here’s the footnote [...]

Life in the burbs…

Wednesday, December 24th, 2008

A few years ago, friends of mine were going through a rough patch in their marriage because she was spending too much time on a site called Adult Friend Finder (no link included for firewall reasons) — something that the husband only found out about after hiring a private detective. I was fascinated with the [...]

Still singing the subprime blues at H&R Block…

Tuesday, July 8th, 2008

Late Thursday — the SEC time-stamp clocks it at 5:01 pm — H&R Block (HRB) filed its preliminary proxy that disclosed that former CEO Mark Ernst, who was ousted in November, saw his compensation jump 70% despite the company’s many problems. And it reminded us that we’ve been meaning to write something about the 10K [...]