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Stock Buybacks

Stock option price-rigging reported

By John Schroy, on March 18th, 2006 | Leave a comment
It's irrelevant if the pickpocket uses his right or left hand.

In a major article on March 18, 2006, the Wall Street Journal reported that the Securities and Exchange Commission was investigating the possibility that corporate executives were back-dating their stock options to achieve greater profits when these options were exercised.

The article did not mention stock buybacks, nor the link between stock buybacks and the legalized price manipulation that is the key to giving value to executive options.

March 18th, 2006 | Print Article | Email Article Email Article | Topics: , , , , | Category: Stock Buybacks | Leave a comment | Short url

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2010-08-20 16:03