Prediction: options will be normally expensed by November, regardless of Congress.
"Suckers", err, investors, are starting to once again value their own work-product (home, real estate, small business) more than the fairy-tale inequitable "equities" sold on Wall Street.
Things will really change, tho', as/when pension fund managers get some cojones, and start managing a few trillion dollars with a sharper pencil... CALPERS et al can insist on expensing options, regardless of a corrupt, useless and unrepresentative Congress and administration, and it will happen anyway. |
