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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: pater tenebrarum who wrote (59118)8/27/1999 4:59:00 PM
From: Giordano Bruno  Read Replies (1) of 86076
 
And then there was light...

When fair value for stock options is not charged against
income and options which fall out of the money are repriced, it
serves to ''understate ongoing labor compensation,' he said.
According to Fed staff calculations, that's overstated growth in
reported profits by one to two percentage points annually for the
past five years.

Message 11089373
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