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October 11, 2008 2:32:23 AM CDT


Stories related to: stock options

Stories

7 Stories

  • June 2008
    • Ex-Broadcom Boss Charged With Drugging Exec Drinks

      Ex-Broadcom Boss Charged With Drugging Exec Drinks

      (Newser) - Broadcom's co-founder has been indicted on an astounding spate of federal fraud and narcotics charges, the Wall Street Journal reports. Henry Nicholas III is accused of using and distributing drugs over a seven-year period while directing a criminal stock options-backdating conspiracy that cost the firm billions. Prosecutors claim he secretly spiked the drinks of technology executives and customers with Ecstacy. More »

      Tags

      CEO   drug abuse   federal indictment   stock option backdating   stock options   Broadcom   drugging   backdating scandal

  • March 2008
    • Apple Shareholders Demand Say on Executive Pay

      Apple Shareholders Demand Say on Executive Pay

      (Newser) - Apple shareholders have approved a motion giving them some input into executive pay levels, the San Francisco Chronicle reports. "I hope it will help me with my $1 a year salary," quipped CEO Steve Jobs after the vote at the company's annual meeting—though Jobs bags millions of dollars worth of stock options and other perks on top of his token salary. More »

      Tags

      Apple   Steve Jobs   shareholders   salary   AFL CIO   stock options

  • December 2007
  • November 2007
    • Google Masseuse Is a Millionaire

      Google Masseuse Is a Millionaire

      (Newser) - Google’s first in-house masseuse has cashed out the last of her stock options and joined the ranks of the company's multimillionaires, reports the New York Times . Bonnie Brown joined Google when it had just 40 employees in 1999, and when she retired 5 years later, her stock options were worth millions. Her financial adviser suggested selling—but she held on to a few. More »

      Tags

      Google   millionaires   stock options   masseuse

  • October 2007
    • Oracle CEO Sells Off $500M, With More To Come

      Oracle CEO Sells Off $500M, With More To Come

      (Newser) - The CEO of Oracle sold off half a billion dollars of stock, but analysts contend that the liquidation shouldn't worry investors. Markets noticed when Larry Ellison sold 26 million shares of the software company he founded in 1977. But the Wall Street Journal writes that past sell-offs haven't triggered broad declines - and Ellison plans to unload another 76 million shares in coming months. More »

      Tags

      Oracle   insider trading   Larry Ellison   stock options

    • Will Costly Options Hurt Facebook?

      Will Costly Options Hurt Facebook?

      (Newser) - Microsoft's recently purchased stake in Facebook may make it harder for the social networking site to hire talented employees, reports the Wall Street Journal . By selling a 1.6% stake for $240 million, Facebook increased its valuation to $15 billion, in turn radically increasing the cost of stock options, which are a vital part of many Silicon Valley compensation packages. More »

      Tags

      Google   Microsoft   Facebook   social networking   Silicon Valley   stock options   employment recruiting

    • Stock Options Make for Risk-Happy CEOs

      Stock Options Make for Risk-Happy CEOs

      (Newser) - Companies compensating their CEOs with stock options should prepare for a bumpy ride, as those CEOs are more likely to take big chances that backfire, a new study finds. Shareholders took extreme losses from more than 10% of option-heavy CEOs, compared to 6.8% who saw big gains. The study's authors say it’s like “handing money to a gambler and... promising to share only the upside.” More »

      Tags

      CEOs   stock options

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