Archive for the 'severance' Tag
Tuesday, February 2nd, 2010
When Microsoft (MSFT) announced on Nov. 24 that CFO Chris Liddell would be leaving the company by the end of the year, the release said that Liddell was “looking at a number of opportunities that will expand his career beyond being a CFO”. About a month later, we learned that Liddell would in fact continue [...]
Posted in Buried treasure, My big fat deal | Tags: CFOs, Friday filings, severance | No Comments »
Monday, April 13th, 2009
Friday was one of those rare days when markets are closed, but the SEC is open for filings. That led to lots of interesting filings late Thursday and also on Friday. But one of the ones that jumped out at me wasn’t for a public company. Instead, it was this 10-K from the Federal Home [...]
Posted in Buried treasure, market meltdown | Tags: 10Ks, Friday filings, severance | Comments Off
Thursday, February 26th, 2009
It’s almost become akin to shooting fish in a barrel: find a TARP recipient — there’s over 400 of them now according to the latest report from Treasury — and then troll through their recent SEC filings to see how at least some of that money was spent on enriching an executive (or two). It’s [...]
Posted in market meltdown | Tags: banks, severance, TARP | 5 Comments »
Wednesday, December 3rd, 2008
If your holiday shopping includes a trip to Tiffany & Co. (TIF) this year, you may have to wait a bit longer than in past years for a clerk to tie that perfect white bow around the signature blue box.
Yes, Tiffany’s – the iconic jewelry store that Holly Golightly (as played by Audrey Hepburn in [...]
Posted in Earnings quality | Tags: 10Qs, economy, retailers, severance | Comments Off
Wednesday, September 10th, 2008
The Fannie/Freddie debacle provides many “teachable moments.” One of the classes we can sign up for is “what’s wrong with corporate employment contracts” – or what’s right with them, if you happen to be the executive who’s got one.
As Michelle noted yesterday, the feds said they wouldn’t try to recover compensation from departing Fannie CEO Dan Mudd [...]
Posted in My big fat deal, Perk city | Tags: CEOs, employment agreements, employment contracts, executive exits, Fannie Mae, Freddie Mac, severance, subprime | Comments Off