When I wrote my post earlier today about stock-option backdating, I hadn’t gotten as far as the editorial page of today’s WSJ, where Holman Jenkins weighs in ($) on the subject yet again. His main point is that the whole backdating mess (uncovered initially by University of Iowa professor Erik Lie and then kept in [...]
Last week I cited from memory what I thought was a story in William Greider‘s 1992 book Who Will Tell the People about newspapers and their security guards. The point was that in the old days any old nut off the street could walk in and harangue the reporters, while now he’d be stopped at [...]
A while back, I wrote that the prevalence of stock-option backdating could be explained in part by the fact that hardly anybody took the accounting rules governing stock options seriously: When supposed wrongdoing is this widespread, one can’t help but wonder: Are there really this many willful rule-breakers in corporate America, or did somebody change [...]
