Where is BearingPoint’s (NYSE: BE) 10K?

Just a few week ago BearingPoint, Inc. (NYSE:BE)’s CEO, Mr. Harry You, had set a date by which the fully-vetted 2005 10-K would be released: Thanksgiving November 2006. On November 3, 2006, Harry You, the Company's Chief Executive Officer, said "We appreciate the continuing support of our shareholders, banks, surety providers, clients and employees in standing by us as we worked through this process....


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Giving Thanks: BearingPoint Reaches Agreement with Bondholders

BearingPoint, Inc. (NYSE: BE) reached agreement with its bondholders to provide higher interest rates in exchange for change in terms and the chance to resolve potential default. We reported earlier that a New York state court has found BE (NYSE: BE) in bond default since it had failed to file its 2005 10-K. In this agreement, bond holders waive the filing requirement but get higher bond interest rates, drop their lawsuit and relax their covenants. BearingPoint also got some timing waivers on filing its 10K and 10Q documents...

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