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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (166601)5/18/2002 3:31:19 PM
From: patron_anejo_por_favor   of 436258
 
Sounds like Luskin was able to tear himself away from the glue bong long enough to sober up and see the truth:

So I've always been very suspicious about attempts to reform option accounting — if the wealth-creation machine ain't broke, let's not try to fix it.

But as I've done more research in this area with Dr. Reuven Brenner — the McGill University business professor whose book, "The Force of Finance," I reviewed in this column several weeks ago — I've come to the conclusion that granting stock options is indeed an expense, an expense that should be included in companies' financial statements
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