Our friends over on the ISS Corporate Governance Blog have an interesting post up today about the AFL-CIO request for an explanation as to why executives at UnitedHealth Group, Merrill Lynch, and four other companies were granted stock options after the market decline caused by the September 11, 2001 attacks.
Click here for the link.
This is yet another example of the ever-growing options scandal that is unfolding before our eyes. Indeed, with lawsuits being filed by the day, active governmental investigations, and fugitives on the run, it looks like we are much closer to the beginning of this story than the end.
Comments