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TeleTech time travels back to 1996…

Friday, July 18th, 2008

This week TeleTech Holdings (TTEC) restated 12 years’ worth of financials dating back to 1996 - the year in which Nintendo 64 debuted, Alan Greenspan spoke of “irrational exuberance” and Christie Brinkley married that scoundrel she’s now divorcing.
The culprit was misdated stock options. In a February 8-K, TeleTech announced the results of an internal review of option grants [...]

Comment letters: too late to be much use at Shufflemaster…

Wednesday, July 9th, 2008

Back in May 2005, the SEC began releasing comment letters on its site. But three years later, the system still doesn’t quite work because the only time they become available on the SEC site is after whatever issue the SEC is concerned about has already been resolved.
I thought about this while reading the revised 10K [...]

Tivo tivos its proxy statement again…

Monday, June 23rd, 2008

Late Friday, Tivo (TIVO), which as we’ve footnoted before, has a tendency to make revised filings, filed a revised proxy statement with the SEC. On the face of it, the revision was meant to replace director Charles B. Fruit who died last month with Mark Perry, who had planned to step down in August, and [...]