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Archive for the 'severance' Tag

Leaving Microsoft with a nice cushion…

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 [...]

Federal Home Loan Bank of Boston takes page from public companies…

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 [...]

Yet another TARP beneficiary…

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 [...]

At Tiffany’s, life is imitating art…

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 [...]

Back to school with Fannie and Freddie…

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 [...]