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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (19825)5/1/2008 11:37:57 AM
From: Sr K  Respond to of 149317
 
>>When Ray Sidney, a software engineer at Google, cashed in his stock options in 2003, they yielded him more money than he could ever burn through in his lifetime. (Billions? He won't say.) But instead of building himself a 10,000-square foot mansion in the Googledom of Silicon Valley, he retired to a four-bedroom house in Stateline, Nev., and started giving money away.

He has given $400,000 to a local arts council to help build a new arts center, $1 million to a bus company to help launch a route so that casino workers wouldn't have to rely on private transportation to get to and from work, and $1.7 million for a new football field and track at a local high school, for example.

Sidney also donates millions to charities that try to cure diseases or save the world.<<

How did he "cash in" his stock options way before Google went public 8/19/2004?



To: Wharf Rat who wrote (19825)5/1/2008 12:08:45 PM
From: zeta1961  Respond to of 149317
 
Thanks for that YAWN post..hadn't heard of the term but it fits some of what I've been noticing...

PS..I love drying my clothes on the line when I can..the woman/proprietor of the house during my trip to a remote fishing village in Northern Spain taught me and is something I'll always remember...........the complexity of the simplicity............



To: Wharf Rat who wrote (19825)5/1/2008 1:58:15 PM
From: RetiredNow  Read Replies (2) | Respond to of 149317
 
:) Nice article.