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02/13/2014

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Thanks for the history recap Dan. When I lived/worked in Silicon Valley it there were a couple of misuses of stock options:
1)The founder of AMD (by then a large multinational)re-priced stock options at least yearly. Finally their largest (and very powerful) investor -- "CalSTRS" had a meeting with him and said "stop it!" and that game was over. Everyone in the Valley knew about it.
2)Facebook ---- could it be an example of investors pushing it to an IPO and then goosing stock prices so they could buy at artificially low prices and then sell at artificially high prices???

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GREAT ARTICLE

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