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Archive for the 'bailout' Tag

Some banks are just saying no to bailout money…

Friday, November 14th, 2008

The deadline for banks to apply for the Treasury Department’s Capital Purchase Program is just hours away and as we’ve footnoted before, banks have been busily filing both their applications with Treasury and 8Ks with the SEC announcing their applications and approvals of Treasury funds. The WSJ has a handy list to show you who’s [...]

Posted in Gold Stars, market meltdown | Tags: , , | 13 Comments »

GM’s incredibly sobering 10-Q…

Tuesday, November 11th, 2008

Late yesterday, after a day of headlines like this one, General Motors (GM) filed an incredibly sober 10Q. Weighing in at 337 pages, GM seems to be worried that folks might not get through the whole thing. So they started off with a wallop of new disclosures, including this one: We have had significant losses [...]

Posted in Earnings quality, market meltdown | Tags: , , | 4 Comments »

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