Stock option

September 28, 2007 -- "Mr. President, there is a growing chasm in our country between the amount of money paid to our corporate executives and the earnings of the rank and file workers.

J.P. Morgan once said that executive pay should not exceed 20 times average worker pay. In the United States, in 1990, average pay for the chief executive officer (CEO) of a large U.S. corporation was 100 times average worker pay; in 2004, the difference was 300 times; today, it is nearly 400 times.    » read more »

NEW YORK, Sept. 26, 2007 – The New York Stock Exchange today opened its doors to the President of South Africa, Thabo Mbeki.

President Thabo Mbeki of South Africa met with NYSE Euronext CEO John A. Thain and closed the NYSE market.

“We are honored to welcome South African President Thabo Mbeki and his delegation to the New York Stock Exchange,” said NYSE Euronext CEO John A. Thain. “This visit reinforces our continuing dialogue with South Africa and we look forward to adding additional companies from South Africa to the largest global equities marketplace.”    » read more »

Should the IRS and Stockholders be Given Different Information?

June 5, 2007 -- The subject of today’s hearing is executive stock options. Stock options give employees the right to buy company stock at a set price for a specified period of time, typically ten years. Stock options are a key contributor to executive pay.    » read more »