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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: TimbaBear who wrote (38940)8/14/2002 10:08:15 AM
From: Casaubon  Read Replies (1) of 52237
 
WASHINGTON (Dow Jones)--Federal Reserve Chairman Alan Greenspan lent his support Tuesday to an industry group's new policy that stock
options should be treated as expenses.

The Financial Services Forum said earlier Tuesday that its 18 member companies would switch to counting stock options as expenses in their
financial statements.

"Reporting stock options as expenses is a sensible and positive step toward a clearer and more precise accounting of a company's worth,"
Greenspan said in a statement. "I am pleased, therefore, that the member companies of the Financial Services Forum have decided to report stock
options as expenses."

Greenspan has long championed the practice of reporting stock options as expenses. Industry resisted adapting such standards for years, until
recent accounting scandals forced an overhaul of corporate governance scandals.

hmmm, how do you suppose they might value such?
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