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business daily: coop bank directors to be instant millionares
mwana
#1 Posted : Tuesday, November 24, 2009 6:54:00 PM
Rank: Member


Joined: 6/4/2007
Posts: 35
This is an interesting story by business daily.
Basically they are saying that the coop directors did some tinkering and math with the shares before the ipo and set themselves up for a huge potential payday.

They are waiting for the one year period to expire (golden handcuff rule),and then possibly sell their shares and reap huge profits.

Please let me know your take. What would this do to the share price? Is this unethical?

http://www.businessdaily...6/-/6864tn/-/index.html





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