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Archive for the 'comment letters' Tag

On the SEC’s letters to Warren Buffett…

Monday, August 17th, 2009

Although the SEC began releasing comment letters back in 2005, it hasn’t exactly been a smooth process. Due to the vagaries of EDGAR, finding these letters can be very tricky and with the help of the SEC Data Guy we’ve been experimenting with ways to make these letters easier to find since we believe there’s [...]

On the SEC and CIT…

Monday, July 13th, 2009

Though it’s been awhile since we last footnoted CIT Group (CIT), given the news over the past few days, it seemed like a good idea to take a closer look at their filings. One of the things that immediately jumped out was the relatively long string of comment letters between the company and the SEC, [...]

The SEC was also asking questions about John Thain…

Friday, January 23rd, 2009

Yesterday, pretty much everyone was a-flutter over the the story that Merrill’s John Thain had spent $1.2 million on redecorating his office when he joined Merrill in December 2007. One person even went to far as to pen a song (see comments) to the tune of Carly Simon’s You’re So Vain, “You waltzed into the [...]

How the SEC is keeping us safe from booking hotel rooms…

Tuesday, January 13th, 2009

While we here at footnoted haven’t criticized the SEC for being asleep at the wheel on Bernie Madoff or the financial crisis, plenty of others have (see here and here among others). So you can imagine our surprise when we came across this comment letter that the SEC sent to online travel company Orbitz Worldwide [...]

Counting the Lehman’s at Lawson…

Tuesday, October 14th, 2008

Late Friday, Lawson Software (LWSN) filed this 10Q and one of the things that jumped out at me was the number of times that Lehman Brothers was mentioned in the filing: 91 times. Compare that to the 10K that Lawson filed back on July 11 when Lehman was mentioned just twice. What changed over the [...]