Friday, April 21, 2006

Option Backdating: The Next Big Corporate Scandal?

Option backdating was on page one of the W$J again yesterday. The story was spurred by comments made by UnitedHealth’s CEO, William W. McGuire, during UnitedHealth’s First Quarter 2006 Results Teleconference on Tuesday. UnitedHealth’s option grants to Dr. McGuire were among those cited as suspicious by a March 18 page one W$J.

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