Tuesday April 1 2014
Mark ZUckerberg earned $1 in salary last year. But he cashed in options worth $3.3 Billion, that's Billion not Million.
Today 's CEOs want call options. Attempting to boost the stock price by inflating or manging earnings has been the root of all evil at firms like Enron and Worldcom. I certainly don' t think that is the case at FB which shows earnings of 61 cents. Oh FB has dropped i price as well.
WE study options in Chaper 19 in ACCT 3312. I suggest you print out the CME handbook on futures and options I listed and begin reading!
Recall that Mark turned down a billion that would be one billion offer for FB in the beginning. Guess he knew what he was doing.
Professor Elam 
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