Depot backdating carters exclusive dating advice

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No wrongdoing has so far been established, but the company, the SEC, and government prosecutors are all still investigating. companies under investigation for possible options backdating has climbed from just a handful in early May - back when a Houston jury was about to slam the jailhouse door on the poster boys for 1990s corporate excess, Enron's Jeff Skilling and Ken Lay - to some 50 at last count.

Even so, the stock is down 22%, a drop that has lowered the value of Mc Guire's trove of in-the-money options from

No wrongdoing has so far been established, but the company, the SEC, and government prosecutors are all still investigating. companies under investigation for possible options backdating has climbed from just a handful in early May - back when a Houston jury was about to slam the jailhouse door on the poster boys for 1990s corporate excess, Enron's Jeff Skilling and Ken Lay - to some 50 at last count.

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No wrongdoing has so far been established, but the company, the SEC, and government prosecutors are all still investigating. companies under investigation for possible options backdating has climbed from just a handful in early May - back when a Houston jury was about to slam the jailhouse door on the poster boys for 1990s corporate excess, Enron's Jeff Skilling and Ken Lay - to some 50 at last count.

Even so, the stock is down 22%, a drop that has lowered the value of Mc Guire's trove of in-the-money options from $1.6 billion in December to a still hefty $1 billion today. No wonder politicians from both parties have gone from ventilating about gas prices to expressing outrage over CEO pay.

But we agree that most CEOs work very hard at extremely demanding jobs and deserve to be paid well. Finally, we agree, as Mc Kinnell says, that "nobody has any idea what the right level should be." The last thing we need is for government or a concerned collective of citizens to make that decision rather than boards of directors.

That said, put us squarely in the camp that has no doubt that the system by which Mc Kinnell, Nardelli, and their fellow CEOs collect enormous pay packages remains deeply dysfunctional and overly generous, despite extensive recent reform efforts.

Nardelli has been hammered for accepting a pay package valued at $250 million even though his company's stock has declined slightly under his stewardship (and also for running a buttoned-lip, race-the-clock annual meeting in May that's destined for the Boneheaded PR Hall of Fame).

.6 billion in December to a still hefty

No wrongdoing has so far been established, but the company, the SEC, and government prosecutors are all still investigating. companies under investigation for possible options backdating has climbed from just a handful in early May - back when a Houston jury was about to slam the jailhouse door on the poster boys for 1990s corporate excess, Enron's Jeff Skilling and Ken Lay - to some 50 at last count.

||

No wrongdoing has so far been established, but the company, the SEC, and government prosecutors are all still investigating. companies under investigation for possible options backdating has climbed from just a handful in early May - back when a Houston jury was about to slam the jailhouse door on the poster boys for 1990s corporate excess, Enron's Jeff Skilling and Ken Lay - to some 50 at last count.

Even so, the stock is down 22%, a drop that has lowered the value of Mc Guire's trove of in-the-money options from $1.6 billion in December to a still hefty $1 billion today. No wonder politicians from both parties have gone from ventilating about gas prices to expressing outrage over CEO pay.

But we agree that most CEOs work very hard at extremely demanding jobs and deserve to be paid well. Finally, we agree, as Mc Kinnell says, that "nobody has any idea what the right level should be." The last thing we need is for government or a concerned collective of citizens to make that decision rather than boards of directors.

That said, put us squarely in the camp that has no doubt that the system by which Mc Kinnell, Nardelli, and their fellow CEOs collect enormous pay packages remains deeply dysfunctional and overly generous, despite extensive recent reform efforts.

Nardelli has been hammered for accepting a pay package valued at $250 million even though his company's stock has declined slightly under his stewardship (and also for running a buttoned-lip, race-the-clock annual meeting in May that's destined for the Boneheaded PR Hall of Fame).

billion today. No wonder politicians from both parties have gone from ventilating about gas prices to expressing outrage over CEO pay.

But we agree that most CEOs work very hard at extremely demanding jobs and deserve to be paid well. Finally, we agree, as Mc Kinnell says, that "nobody has any idea what the right level should be." The last thing we need is for government or a concerned collective of citizens to make that decision rather than boards of directors.

That said, put us squarely in the camp that has no doubt that the system by which Mc Kinnell, Nardelli, and their fellow CEOs collect enormous pay packages remains deeply dysfunctional and overly generous, despite extensive recent reform efforts.

Nardelli has been hammered for accepting a pay package valued at 0 million even though his company's stock has declined slightly under his stewardship (and also for running a buttoned-lip, race-the-clock annual meeting in May that's destined for the Boneheaded PR Hall of Fame).

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"In the time of the French Revolution," wrote conservative Bill O'Reilly of Fox News about the golden goodbye Exxon (Charts) handed its outgoing leader, "Lee Raymond and his 0 million pension would be running one step ahead of the guillotine." (Actually, Bill, only million of that princely sum was the pension, but we take your point.) What's different about the fire this time is that it is singeing respected CEOs like Nardelli, Raymond, and in the biggest brushfire yet, United Health (Charts) CEO William Mc Guire.No wonder SEC chairman Chris Cox is pushing ahead with the toughest set of pay disclosure rules in more than a decade.And no wonder most top executives, in response, have curled up into a "fetal position," in Bob Nardelli's phrase."We're not living in a world," he concluded, "where we can afford a lot of unnecessary ill will either between nations or within nations.That's why dealing with CEO pay and bad accounting is so important." They hear you, America, loud and clear.

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