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"He will deal with the options issue in a way that is comforting to the people," Mr. Bush said.
IF tech needed a sign of how much the situation had changed after the industry bust, the options issue provided it.
The options issue, plus other accounting problems and poor financial results, led a group of investors that combined hold 46 percent of the company's shares to threaten last week to replace Take-Two's board.
You can state your desire to exhaust all medical options, issue a do-not-resuscitate order, or anything in between.
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Mr. Bacanovic was in charge of stock options issued to executives and other employees, too, several former employees said.
The options issued last year, he said, would have reduced A.I.G.'s net income by 5 cents a share.
But other companies whose executives have already cashed in some options issued during the crisis have not performed particularly well compared with their peers.
The immediate earnings impact on Coke will be small, perhaps a penny a share this year, because it will not be reporting as expenses the options issued in previous years, and because it issues options late in the year.
As a result, even if a company chose to stop issuing options altogether, it would still have to report expenses from options issued in earlier years, as they vest.
[C5.] Global Panel Seeks Accounting Rule The International Accounting Standards Board, along with regulators in Australia, Britain and New Zealand, will propose a rule requiring companies to record stock options issued to executives and employees as an expense.
Some analysts expect that companies will reduce the number of options issued, particularly to more junior employees, to make earnings look better.
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CEO of Professional Science Editing for Scientists @ prosciediting.com