Sigrdrífa

Sigrdrífa

The AAA Rating Bubble

The chart provided by Financial Times yesterday regarding a “AAA Bubble” is mostly self-explanatory, although the article has some good off-links.  And, for those who want a refresher on credit ratings, a good starting point is this Wikipedia article. Financial…

Employee Stock Options Agreements

Depiction of the Devil via Codex Gigas The allegedly intentional misdirection of language in an employees’ stock options agreement demonstrates the lengths that some firms and managers might go to apparently mislead or gain an advantage over other people, clients,…