Companies say backdating used in days after 9 11

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Had they been dated a week later, when the stock was 27% higher, they'd have been far less rewarding. Rich's tenure: In a striking pattern, all six of his stock-option grants from 1995 to 2002 were dated just before a rise in the stock price, often at the bottom of a steep drop. A Wall Street Journal analysis suggests the odds of this happening by chance are extraordinarily remote -- around one in 300 billion.

The odds of winning the multistate Powerball lottery with a

Had they been dated a week later, when the stock was 27% higher, they'd have been far less rewarding. Rich's tenure: In a striking pattern, all six of his stock-option grants from 1995 to 2002 were dated just before a rise in the stock price, often at the bottom of a steep drop. A Wall Street Journal analysis suggests the odds of this happening by chance are extraordinarily remote -- around one in 300 billion.The odds of winning the multistate Powerball lottery with a $1 ticket are one in 146 million.Organizers of Detroit’s auto show likely will move the annual event to October from January in coming years, hoping to be able to offer visitors a chance to test drive moonshot technologies on actual, ice-free streets and create some distance from the Consumer Electronics Show in Las Vegas.His annual grant of stock options was dated that day, entitling him to buy stock at that price for years.The Journal's analysis raises questions about one of the most lucrative stock-option grants ever. So far, he has exercised about 5% of them, for a profit of about $39 million.

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Had they been dated a week later, when the stock was 27% higher, they'd have been far less rewarding. Rich's tenure: In a striking pattern, all six of his stock-option grants from 1995 to 2002 were dated just before a rise in the stock price, often at the bottom of a steep drop. A Wall Street Journal analysis suggests the odds of this happening by chance are extraordinarily remote -- around one in 300 billion.

The odds of winning the multistate Powerball lottery with a $1 ticket are one in 146 million.

Organizers of Detroit’s auto show likely will move the annual event to October from January in coming years, hoping to be able to offer visitors a chance to test drive moonshot technologies on actual, ice-free streets and create some distance from the Consumer Electronics Show in Las Vegas.

His annual grant of stock options was dated that day, entitling him to buy stock at that price for years.

The Journal's analysis raises questions about one of the most lucrative stock-option grants ever. So far, he has exercised about 5% of them, for a profit of about $39 million.

As of late February he had 13.87 million unexercised options left from the October 1999 tranche.

ticket are one in 146 million.

Organizers of Detroit’s auto show likely will move the annual event to October from January in coming years, hoping to be able to offer visitors a chance to test drive moonshot technologies on actual, ice-free streets and create some distance from the Consumer Electronics Show in Las Vegas.

His annual grant of stock options was dated that day, entitling him to buy stock at that price for years.

The Journal's analysis raises questions about one of the most lucrative stock-option grants ever. So far, he has exercised about 5% of them, for a profit of about million.

As of late February he had 13.87 million unexercised options left from the October 1999 tranche.

The SEC is understood to be looking at about a dozen companies' option grants with this in mind.Almost two-thirds of the world’s 143 new big roller coasters last year came from Europe, where a handful companies mix highly-specialized engineering skills with a centuries-old tradition of innovation. Vatican prosecutors have indicted a former president of the Vatican bank and his lawyer for embezzlement and money laundering, the latest move in a long-term cleanup of the historically scandal-plagued institution.British Prime Minister Theresa May outlined in the greatest detail yet her proposals for Britain’s future trading relationship with the European Union on Friday, explicitly acknowledging that leaving the bloc implied costs to the U. The nuclear arsenal unveiled by President Vladimir Putin has raised warnings of a new arms race, but with some exceptions the weapons are familiar and illustrate the chronic problems faced by Russia’s arms industry.A key purpose of stock options is to give recipients an incentive to improve their employer's performance, including its stock price. Backdating them so they carry a lower price would run counter to this goal, by giving the recipient a paper gain right from the start.Companies have a right to give executives lavish compensation if they choose to, but they can't mislead shareholders about it.

If so, it was another way some executives enriched themselves during the boom at shareholders' expense. Pool added that the timing wasn't purely happenstance: "We did grant options when there was a natural dip in the stock price," she said.

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