Does Microsoft's groundbreaking decision to dump options in favor of restricted stock mark the end of an era?
In July Microsoft shocked the corporate world by announcing a decision not only to expense stock options but also restate past financial statements to show how stock options were affecting the bottom line. Expensing options is one thing, but volunteering to restate past financial statements to show stock options as an expense on the income statement – that's another matter entirely.The other major surprise: Microsoft struck a deal with JP Morgan Chase to give employees, many of whom
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