Erik Reuter wrote:
>
> On Thu, Jul 11, 2002 at 12:09:02AM -0500, Julia Thompson wrote:
>
> > What do you think about stock options for other employees? For
> > example, employees with fairly good salaries who are rewarded with
> > stock options for good performance, but who aren't managers of any
> > stripe? Would it be reasonable to allow them to exercise their
> > options sooner than the executives could?
>
> Only people who have a lot of control over the compensation packages,
> corporate accounting, and disclosures of the company would need to be
> prevented from selling for long periods of time. Everyone else doesn't
> really have the power to defraud the shareholders.
OK. Makes sense. Sounds quite reasonable.
So, from everything you've said on the topic, I agree with you.
There's a bill in Congress about this whole mess. Anyone have a link to
the text of it, or to some abstract or summary as to what's in it? (A
summary that hit all the high points would be great.)
Julia