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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (116225)8/9/2001 1:27:17 AM
From: Skeeter Bug  Read Replies (1) of 436258
 
cb, equity can disappear a lot faster than equity. the dude in this article went from $35 million to -$2 million in a year. IF the markets and real estate values stay where they are then we avert disaster.

however, the good bet is they don't. no bubble has ended this well - and this was the grand daddy of them all.

businessweek.com

if they take away the amt then the companies should not be able to deduct the value of the shares until the employee sells them... this is a terrible situation for folks that played the game and lost.
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