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Probes Of Backdating Move To Fast Track Speech

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Topic:	Miscellaneous
Number of pages / Number of words:	2 / 455

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Backdating is dating any document by a date earlier than the one on which the document was drawn up. This is obviously fraudulent. In this article, it rewarded some and others were not made aware. Which was good in a way since it was definitely illegal.

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Source: Wall Street Journal â€“ February 16, 2007

Issues:

On January 4, 2002, the chief financial officer of Broadcom Corp. tapped out an email about stock options to his chief executive and others. â€œI VERY strongly recommend that these options be priced on December 24,â€ he wrote. They were, and that was fortunate for recipients...

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