Greg Ciresi's thought for the day

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Options Backdating

August 28, 2006, 1:40 am
This Weekend, Everyone Had A Take On Stock Options Backdating
Posted by Eric Savitz
So this was the weekend when every newspaper seemed to have a big takeout on the stock-option backdating scandal.

The Sunday New York Times business section has a long piece on the stock-options backdating problems at Mercury Interactive; in particular, it looks at the role played by the company's outside directors.
The San Jose Mercury News, on the front of its business section, asks whether the stock-option scandal has turned into a witch hunt, as asserted by Network Appliance (NTAP) CEO Dan Warmenhoven.
The Merc also has an interview with Kirk Hanson, a Stanford-based ethicist, who takes a sharply critical view of backdating.


http://blogs.barrons.com/techtrader...ryone-had-a-take-on-stock-options-backdating/
 
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