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December 04, 2006 Backdating Options - how big is the problem?

Surprisingly, the Wall Street Journal basically broke this story and investigation wide open, not the SEC. They have developed an interesting site on backdating that is worth a look.

Analysts are estimating that between 500 and 2,000 violators are involved - the IRS has identified 40 companies - and the SEC/DOJ are investigating over 100 companies. WOW!

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