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Politics : High Tolerance Plasticity

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To: Steven C. Vartan who wrote (19079)	3/6/2003 2:21:49 PM
From: William JH	Read Replies (2) of 23153

Well....my senator says options are a good deal. I must be wrong in thinking I see a lot of dishonesty on Wall Street: BUSINESS TODAY • March 6, 2003 Senator vows to protect use of stock options Marilyn Geewax - Cox Washington Bureau Thursday, March 6, 2003 Washington --- High-tech executives swarmed Capitol Hill on Wednesday, hoping to persuade the White House and Congress to block accounting rule changes that would discourage the granting of stock options. Sen. Barbara Boxer (D-Calif.) said a bipartisan group of senators already is mapping out a strategy to prevent the Financial Accounting Standards Board from possibly forcing companies to treat stock options as expenses, a move that would greatly diminish their use. When firms grant stock options, they are ''giving people a piece of the dream,'' Boxer said. ''We can't stand by and let accountants wearing green eyeshades decide who is going to get the American Dream.''

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