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Such companies use shares to motivate their employees but shield themselves from the capital markets.
What we have been pushing for is for banks to use shares or other non-cash bonuses that can be clawed back if something goes wrong".
By paying cash, the company avoids having to use shares that are trading at about $12, down more than 75percentt since January 2001.
Cash, after all, is precious for day-to-day operations, so many dot-coms continue to use shares or stock options to pay outside vendors and consultants.
It may hope to use shares as a currency with which to reward its 750 employees, as Goldman has so generously done.
A rival of Verizon, Qwest Communications International, had to borrow from its banks, sell long-term debt and use shares to reduce outstanding debt when it lost access to the commercial paper market after Enron filed for bankruptcy protection.
Similar(46)
(Most students use shared or communal bathrooms).
Couples use shared nostalgia narratives to create and strengthen bonds between them.
Companies that were going public could use share allocations to secure business relationships and reward friends.
Church groups use shared beliefs in spirituality to draw people away from the violent acts associated with sorcery.
Some other lemurs also use shared latrines.
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