So the scandal and court intrigue in the US is unlikely to be repeated here because tight regulation has ensured that a backdating culture simply never developed in the first place.All companies at some stage of their development are subject to strategic change.US technology employees may live on their salaries, but whether they get truly rich or not depends on their share of the company.
And this is why defenses to backdating sometimes get hard for me to understand.
Also, the backdating of options brings with it accounting obligations: the backdating has to be recognised as a compensation expense.
Academics had long recognised an odd phenomenon of share prices appearing to rocket on the day after senior executives were given stock options.
Many privately held companies rely on an HM Revenue and Customs-agreed valuation to fix a market value option price, typically for Enterprise Management Incentive ("EMI") option.
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These HMRC agreed valuations usually remain valid for 30 days only.
This disclosure must come no later than the end of the following trading day, effectively preventing any back-dating of option grants.
Similarly, in the 1960s, the movement for sex education in public schools was led by mainline Protestants, including Mary Calderone, a devout Quaker.… continue reading »
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However, Mr Turnbull said nations could not forgo defence spending because the “price of liberty is eternal vigilance” [and other howlers from the cliche songbook of the dark arts, blood money, rogue crazy book of sell your own mother for a poll boost playbook] “So that is why every nation, responsible nation, including our own, sets out to have the capabilities to defend itself, whatever and however circumstances may develop in the future,” he said [while onlookers gasped at the opportunism, and some choked on the smell of sulphur] The US is the world’s largest arms exporter, making up a third of all sales, according to the Stockholm International Peace Research Institute.… continue reading »
Given three years probation, after a drugs relapse she was sentenced to six months in prison, which she served in rehab, and lost custody of her daughter Frances Bean for 15 months]. They were both Pétrus. How do you feel when you look back on all the lost years before that? On Sofia Coppolas 16th birthday, way back in 1987, I stole a Chanel lip gloss from her Sistine Chapel of a bedroom. Years later, I left a Chanel lip gloss in the reception of The Mercer hotel for her. Im off antidepressants for the moment because my album producer wants me to feel the rage, wants me to be really angry, wants me to face the demons. Im getting back on them as soon as recording the album is finished.… continue reading »
Although the main actress is younger than the lead actor, it doesn't really make you feel uncomfortable. They actually look like they're just in the same age ISH x D. The concept of this drama is intriguing, enough so that I'd want to actually be a part of a team that did this, since I so believe in love and not just romantic love, but in the broadest sense as well. I do get annoyed when they do scenes like they did when Jong-Hyuk fell in the water.… continue reading »
Promising to “represent the Negro people first and after that all the other American people,” Representative Powell symbolized hope and pride for African Americans in his district and across the country.… continue reading »