Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Friday, September 08, 2006
Kraft House Cleaning
The world awaits Altria's (NYSE:MO) and Kraft's (NYSE:KRF)next move on the further disposition of Kraft. In the meantime the former President of Kraft "Roger Deromedi" reaches agreement on his termination. (You do need to tidy up matters such as those). Roger Deromedi bailed in early June to pursue other interests. In the meantime the market is somewhat disappointed with Altria's dividend announcement. Have we slipped a gear or two?