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Senator Lieberman Proposes Stock Options Bill Requiring More Participation by Rank-and-File
ZDNet
Aug. 5, 2002
Excerpt: Lieberman's bill sidesteps the accounting debate. Instead, it includes measures to encourage broad distribution of options and accountability to shareholders, while reducing incentives for executives to manipulate earnings, said ... a Lieberman spokesman. The bill would require [that, in] order to claim tax deductions, companies must offer at least half of the total available stock options to employees making less than $90,000 annually.
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