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Irony, search on Cisco and Pension
I just did a search on "Cisco and Pension".

http://www.wyca.com/summary/csco-inf.htm

It seems the Plumbers and Pipe fitters union sued them for an accounting trick where they invested money in a small company with a condition that that company bought lots of Cisco products. In effect they changed shareholder capital into revenue. Similar to the stock options tricky that goes on.

So the guys plumbing her house were also some of the people who paid for it.
Posted by: Nigel Johnstone   Posted on: 06/25/04 You are currently: a Guest | Members login | Terms of Use

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$0 Stock options bought a house?  Nigel Johnstone | 06/25/04
Irony, search on Cisco and Pension  Nigel Johnstone | 06/25/04
Toilet paper 21cents/roll, Stock Options FREE!  Nigel Johnstone | 06/25/04
There's a lot of regular Joes with options  merlinmurph | 06/25/04
Why aren't lottery tickets free?  Nigel Johnstone | 06/25/04
Options are voted on by shareholders  merlinmurph | 06/25/04
Expensing Options not same as blocking options  Nigel Johnstone | 06/25/04
I agree  merlinmurph | 06/25/04
No hat, just Black-Scholes  Nigel Johnstone | 06/25/04
Not meant for these options  merlinmurph | 06/25/04
Hm...  John L. Ries | 06/25/04

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