Thursday, June 01, 2006

Deloitte & Touche LLP Gets Pulled into Stock Option Accounting Mess

There is a raging scandal going on in how companies have issued options to senior executives. Apparently several companies have manipulated the date of granting options to a day when the stock price was the lowest for a certain period. So when the stock even goes up modestly from this level, the options become "in the money" and have a good chance of staying in the money due to their artificially low exercise price....

We’ve moved. Click here to go the full post at the new Big Four Blog at!

No comments: