Misalignment: Compensating Management with Options
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Hi Ex,
You are right that restricted stock was also involved, but your claim he was not paid in options is false. Here's a video where Fuld specifically admits to exercising various options for hundreds of millions of dollars (1:35 mark of the video): www.youtube.com/watch?...
Misalignment: Compensating Management with Options [View article]
You are right that restricted stock was also involved, but your claim he was not paid in options is false. Here's a video where Fuld specifically admits to exercising various options for hundreds of millions of dollars (1:35 mark of the video): www.youtube.com/watch?...