Stock Market

inertia said
Yeah, they were paid bonuses in stock options, never cashed them in, diversified, then when co, went broke, the employees had to pay income tax on shares when given, that n

inertia said
Yeah, they were paid bonuses in stock options, never cashed them in, diversified, then when co, went broke, the employees had to pay income tax on shares when given, that no longer (yrs) later were worthless .

Stock options are usually only good for a year. Like I said most of them losing their butts was their own fault. You never put over 20% into the place you work for. Even our 401k planner said that. Don't get me wrong here, I hate that it happened to them and as always the company came out on top. They learned a difficult lesson the hard way