Showing posts with label SEC. Show all posts
Showing posts with label SEC. Show all posts
Sunday, January 5, 2014
#377: Tootsie Roll Guards Corporate Information
Many publicly traded companies court industry analysts and the public through disclosure over and above the minimum required by the SEC and GAAP. If Nancy Giles' reporting is accurate, that's not the case with Tootsie Roll. More importantly, I always thought they were chocolate!
Friday, May 25, 2012
#279 Facebook IPO Falls Short
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Proving that not everything they do is golden, this video sums up how revisions on revenue estimates were only shared with Morgan Stanley's premiere clients and smacks of an unfair playing field.Thursday, December 15, 2011
#247 So What Happened to That $1.2 Billion That's Missing From MF Global?
Click on the segment title to read the transcript or listen to the audio discussion of how forensic accounting can be used to detect whatever fraud may be involved in the $1.2 billion missing from Global Financial. Did I say there might be fraud involved? Ha!
Monday, December 5, 2011
#245 Prosecuting Wall Street
These two segments from 60 Minutes highlight the internal control requirements of the Sarbanes Oxley Act and management's responsibility for certifying that such controls are adequate. While that sounds good on paper, evidently it's not happening in actual practice as highlighted in the two segments which feature internal control failures at Countrywide and Citicorp with regard to the collapse of mortgage backed securities.
Monday, March 14, 2011
#187: Sir David Tweedie Talks U.S. Reluctance to Commit to IFRS
Friday, August 20, 2010
#137 GM: The IPO
Nothing new after the 4 minute mark in this 5 minute video, but it does cover the essential details. Give some thought to how GM plans to raise $14-18 billion dollars by offering $200 million worth of stock. How does that happen?
Monday, August 2, 2010
#129 Whistleblowers Get a Raise
From the 8/2/10 issue of Business week, the SEC will now be eligible to make offers of up to 30% of fines to whistleblowers, as opposed to the previous limit of 10%.
http://www.businessweek.com/magazine/content/10_32/b4190031434221.htm?chan=magazine+channel_news+-+politics+%2B+policy
http://www.businessweek.com/magazine/content/10_32/b4190031434221.htm?chan=magazine+channel_news+-+politics+%2B+policy
Tuesday, April 20, 2010
Re: #109 Is Goldman Sachs Being Scapegoated?
Now that the initial hoopla has started to settle, here's a more objective report:
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Monday, April 19, 2010
#110 Katie's Optimism
Katie's view that fraud by Goldman Sachs and others will be punished may be on the naive side - we'll see!
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A provocative segment from 60 Minutes explains why health care costs have become so exorbitant. Watch CBS News Videos Online
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While more of an academic discussion of the importance of controlling health care spending, this Book TV segment is well worth watching sin...
