disclosure

The January fires also highlighted a long-standing issue critics have had with the plan — that it has historically been stingy with its financial disclosures.

Those disclosure rules also mean many investors expect transparency when an executive is ousted.

The limited nature of the disclosure suggests the unnamed firm is based overseas, analysts said.

The idea was that corporate disclosures every three months would provide more transparent, comparable financial details to investors.

In an interview with the Journal, the now-retired Hill called the bank disclosures “so egregious.”