Option Granting Practices and exploits Message Board

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Strategies & Market Trends : Option Granting Practices and exploits

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To: RockyBalboa who wrote (8)	7/17/2006 5:09:50 AM
From: Doc Bones	Read Replies (1) of 165

Republican SEC Commissioner Paul Atkins gave a spirited defense of spring loading, calling it a legitimate and low-cost way for boards to efficiently compensate executives. Amazing, arguing that their is no victim. Of course with the President having made insider trades you don't expect a climate of reform. Certainly the Democrats are no better. Board seats are a major way of thanking politicians for their good service, and the last thing they want is option reform. I noticed Alexander Haig cashing in about $30 million in AOL options in one year. Colin Powell was also on the AOL board, until he was recalled for government service. How many Secretaries of State does a dail-up internet service provider need? Doc

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