Page 6 - Off Balance Sheet News Today

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. The disclosure set forth in Item 8.01 of this Current... | December 8, 2021

National Instruments Corporation and its subsidiaries has made forward-looking statements within the meaning of Section 27A of... | November 1, 2021

Jan. 26, 2021 A company has just released its quarterly earnings. Another company has auditor news that could raise a red flag, and a third company is filing for bankruptcy. Where can you find more facts? Information about these events and many more are found in a document called a current report on Form 8-K.  Form 8-K provides investors with current information to enable them to make informed decisions. The types of information required to be disclosed on Form 8-K ...

Friday, February 5, 2021 In November 2020, the Securities and Exchange Commission (the “SEC”) adopted amendments to management’s discussion and analysis of financial condition and results of operations (“MD&A”) and other financial disclosure requirements. The stated purpose of these changes is to benefit investors with an increased focus on material financial information and simultaneously streamline the requirements imposed upon reporting companies. The SEC notes that the...

Item 301 (Selected Financial Data) Last Five Years of Financial Data. Requires that the company disclose selected financial data in comparative tabular form for each of company’s last five fiscal years (along with any additional fiscal years necessary to prevent the information from being misleading). Eliminated. This item was eliminated, as prior period financial disclosures are easily accessible through prior EDGAR filings. Item 302(a) (Selected Quarterly Financial Data) Two Years of Quarte...

>> doug: tonight, the enron scandal. we have a tweet about it. wanting to know what happened about the employees who virtually lost everything. tonight, the answers from casey stegall. >> garrett ashmore started his first company from college. by graduation, the young entrepreneur landed his first job with a prestigious company in texas. >> i came to enron. i went to their pipeline side. i was very fortunate to start enron communications. >> it was the late 90s. business appeared to be booming. ...

You have to pay for it somehow. >> its here to stay. >> think about what ben said about the off balance sheet nature of the u.s. thats all the stuff if you put it all together we are in trouble. thats what happened with greece. greece got into the european union because goldman sachs and other big wall street firms finagled a derivative to hide their off-balance sheet stuff and now its coming -- >> it took them 30 years to get to that point. >> why are you blaming their problem on goldman sachs?...

Now, you could say well even 2%, even 9% capital isnt enough, but if you make it too high you start choking off lending so there is a delicate balance to be made. the bigger problem was that many of these capital requirements were honored in the breach, via derivatives, via off-balance sheet operations, complicated things that accountants and lawyers get paid, maybe some economists, too, to device. >> 15 seconds, last question. whats one source of hope for you in the next year? >> i think the so...

Problems that we -- the questions that we confronted in 2008. >> they are. except there are 17 different countries trying to confront them together rather than china. >> so lets go to the next chart. >> okay. so take a look at the debt, which is on joes mind. if you look at simply -- what we would call federal debt or central government debt, china is way ahead with 17% debt. to gdp, were at 62, as you know. we wont talk here about the unfunded liabilities. but this next number is the one that i...

Cents behind every dollar of loans? >> it was also the unbalanced sheet leverage versus the unhidden -- >> tell us more about that. >> well there is stated mortgage on the balance sheet -- >> then 2 or 3 itself- >> right. depending on where you were in the cycle it would balloon to 120%. it was a disaster in terms of the leverage they carried but they taught the banks as well. so citi we when started finding out about the structure investsment vehicles, the off balance sheet, that they wornt con...