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Editorial: The Stock Options Blood Bath -- Reform Is More Attractive Than Revenge
The Washington Post; subscription may be required
[Opinion] Nov. 14, 2006
Excerpt: If the ousting of executives provokes mixed feelings, what of reforms that might prevent abuses? Backdating was partly a way of granting executives 'in-the-money' options -- ones that grant the right to buy a share for less than its current value -- without having to report them as an expense.
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