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Strategies & Market Trends : Option Granting Practices and exploits -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (149)8/7/2007 3:59:20 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 165
 
Justice in the U.S. can move very slowly. The DOD is still prosecuting Enron related cases. For some reason, the option "scandal" has not resonated with the American people. Probably because the issues are relatively arcane and there was no poster boy like Ken Lay. The bottom line is that there were some managers that when faced with the option of screwing over their shareholders legally (by making the proper disclosures) or illegally, they chose the illegal route. They deserve their day in court.



To: RockyBalboa who wrote (149)9/18/2007 12:50:59 AM
From: Lizzie Tudor  Respond to of 165
 
except the prosecutors lied to get their conviction. Justice? Lying is uncool and especially if it comes from federal prosecutors. See my earlier post with examples of the illegality of their behavior. It will probably be overturned on appeal (I'm no lawyer but its pretty easy to show since the DOJ said the finance dept at brocade "didnt' know a thing" about backdating and a week later they indicted the CFO).

I think you guys might be the same old "Zero tolerance until my kid gets caught" BSers.

Do you condone hard jail time for Gates and Jobs?