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To: Sr K who wrote (69025)9/22/2007 12:57:10 AM
From: Lizzie Tudor  Read Replies (2) | Respond to of 213177
 
I know that Sr K.... we all know that.

But the "fraud" comes down to one thing- a date on a compensation meeting minutes. Thats it. It isn't some huge scheme where somebody concocts a phony company or something. It is a date on a document and if the comp committee is a "committee of one" as is often the case that date becomes much more arbitrary (which is why they have committees of one). If lawyers sanction behavior over some long period of time it really isn't reasonable to conduct a huge sting operation complete with entrapment in order to nail the top corporate leaders in the country. (who obviously have no intent to defraud). This is only something that could be happening with this Bush administration I am certain.

As I say the practice has been called out as wrong and stopped. All options are now expensed- what exactly is the motivation to hunt down Jobs and Heinen on this now? Is Greg Reyes a menace to society (remember he received no backdated options himself).

And furthermore, it is not acceptable under any circumstances for the DOJ to lie, cheat, entrap, or otherwise behave disingenuously to "get their man" so to speak. If the government gets caught doing this (which they have clearly done in backdating)- then the entire system breaks down. I would like the democrats to hold congressional hearings on the DOJ on some of these matters.