SEC trying to figure out whether and how harshly to penalize companies where options backdating occurred – it is tip of the corporate scandal that will take Dow below 5000
Peter Oberois
Mar. 8, 2007

The Securities and Exchange Commission is just perplexed. The option backdating scandal is worse than the biggest nightmare in the free world. SEC is trying to figure out whether and how harshly to penalize companies where options backdating occurred. The probes are tip of the iceberg because those who manipulated by back dating the options were actually in charge of these companies. The question rises – what else did they do in the corporation to gain personally?

Fact of the matter is these corporate option ‘back dater’s were the one that reported earnings and disclosed facts to SEC, shareholders and the public in general.

There is ample possibility that the corporate executives created Enrons after Enrons for their personal gain. The stock market is nervous about it. Once the cat is out of the bag, a massive financial meltdown will occur. It is tip of the corporate scandal that will take Dow below 5000

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SEC trying to figure out whether and how harshly to penalize companies where options backdating occurred – it is tip of the corporate scandal that will take Dow below 5000
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The Securities and Exchange Commission is just perplexed. The option backdating scandal is worse than the biggest nightmare in the free world. SEC is trying to figure out whether and how harshly to penalize companies where options backdating occurred.
READ MORE>>

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