Back dating newspaper
In essence, the revision enabled companies to increase executive compensation without informing their shareholders if the compensation was in the form of stock options contracts that would only become valuable if the underlying stock price were to increase at a later time.
A Time Traveler may not want to confuse random passers-by by asking them "What Year Is This?
Some of the Madeira wines were shipped to the early residents of Liberty Hall — which had once been home to the prominent Livingston and Kean families — in anticipation of John Adams’ presidency, according to the report.
The monetary value of the Madeira cannot be made public — but it is the largest that has been discovered in the U. — and one of the most extensive in the world, reported.
Corporations, however, have defended the practice of stock option backdating with their legal right to issue options that are already in the money as they see fit, as well as the frequent occurrence in which a lengthy approval process is required.
In 1972, a new revision (APB 25) in accounting rules resulted in the ability of any company to avoid having to report executive incomes as an expense to their shareholders if the income resulted from an issuance of “at the money” stock options.
the much different – and more financially beneficial – tax rules that apply when issuing “at the money” or "out of the money" stock options.
Additionally, companies can use backdating to produce greater executive incomes without having to report higher expenses to their shareholders, which can lower company earnings and/or cause the company to fall short of earnings predictions and public expectations.
The newspapers are available on a "first come" basis and once we sell out for a particular date… All of our newspapers are originals and they are generally complete and in very good condition for their age.Backdating is dating any document by a date earlier than the one on which the document was originally drawn up.Under most circumstances, backdating is seen as fraudulent and illegal, although there are some situations in which backdating can be used in a legal and beneficial way, such as backdating a claim for a past period.“We have about six different versions of Madeira that was [drunk] because Madeira was the drink of gentleman,” Bill Schroh Jr., director of operations at Liberty Hall, told the site.Madeira was the best wine to ship during that time period because it rarely spoiled, he explained.