Wednesday, September 20, 2006

A study in CEO greed - May. 30, 2006

A study in CEO greed - May. 30, 2006: "One of the questions crying loudest from the developing scandal of backdating stock options is, Why now?

As new companies announce daily that they're investigating their stock option practices or that they've received inquiries from the SEC or federal prosecutors - United Health Group, Caremark Rx, (Research) and Juniper Networks (Research) are among those that have acknowledged ongoing probes - you have to wonder what sparked the mess. After all, we're talking about pre-2002 behavior, mostly from the '90s." [Fortune]