WSJ Wins Pulitzer for Option Backdating Investigation

Tuesday, April 17, 2007 | 06:37 AM

Compressed_head

Congrats to the WSJ for picking up a Pulitzer Prize for "public service" -- though it could have just as easily been for investigative reporting -- on the options backdating scandal (and to reporters Mark Maremont, Charles Forelle and James Bandler).

The Journal moved all of the related stories out from behind the firewall, available to all. These definitely make for intriguing reading.

Anyone who wants to overturn Sarbox should be required tor ead all of these (I am in favor of reducing the burden on very small companies, but not overturning it all).

OVERVIEW

• A continuously updated list of companies that have come under scrutiny for past stock-option grants and practices, including those that have disclosed government probes, misdated options, restatements and/or executive departures. By company | By executive

• A look at how stock options grants sometimes coincided with dips in prices at UnitedHealth, Apple and a selection of other companies.

• Video discussion by reporters Mark Maremont, Charles Forelle and James Bandler on their yearlong investigation of stock-options abuses:

>

ARTICLES

The Perfect Payday: CEOs Reap Millions by Landing Stock Options When They Are Most Valuable March 18
How the Journal Analyzed Stock-Options Grants March 18
Five More Companies Show Questionable Options Pattern May 22
At HealthSouth, an Options Issue May 31
Monster Worldwide Gave Officials Options Ahead of Share Run-Ups June 12
During 1990s, Microsoft Practiced Variation of Options Backdating June 16
Executive Pay: The 9/11 Factor July 15
Setting the Date: How One Tech Company Played With Timing of Stock Options July 20
Stock-Options Criminal Charge: Slush Fund and Fake Employees Aug. 10
In Internal Probes of Stock Options, Conflicts Abound Aug. 11
As Companies Probe Backdating, More Top Officials Take a Fall Oct. 12
McGuire Faces Pressure to Leave at UnitedHealth Oct. 14
Embattled CEO To Step Down At UnitedHealth Oct. 16
Stock-Options Scandal Fugitive Puts Roots Down in Namibia Nov. 17
How a Giant Insurer Decided to Oust Hugely Successful CEO Dec. 7
How Backdating Helped Executives Cut Their Taxes Dec. 12
Bosses' Pay: How Stock Options Became Part of the Problem Dec. 27
Living Large and Bouncing Back Dec. 30

 

Tuesday, April 17, 2007 | 06:37 AM | Permalink | Comments (4) | TrackBack (2)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00d83451b83369e2

Listed below are links to weblogs that reference WSJ Wins Pulitzer for Option Backdating Investigation:

» A Pulitzer For the Perfect Executive Pay Story from DealBreaker.com
As a way of saying thank you for the Pulitzer, the Journal has opened up its backdating archives. You can read all about the scandal, starting from the very first story published thirteen months ago. (Has it only been... [Read More]

Tracked on Apr 17, 2007 3:17:29 PM

» A Pulitzer For the Perfect Executive Pay Story from DealBreaker.com
As a way of saying thank you for the Pulitzer, the Journal has opened up its backdating archives. You can read all about the scandal, starting from the very first story published thirteen months ago. (Has it only been... [Read More]

Tracked on Apr 17, 2007 5:03:14 PM

Comments

Brazen theft on the back of shareholders perhaps has gone on for years before getting caught! And it has happened to the biggest and best companies in America! Amazing at the criminal acts, and even more so with the tolerance the shareholders have extended over the years. Is corporate theft already priced in?

Posted by: zorro | Apr 17, 2007 11:58:08 AM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner