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Political leaders in Washington are casting about for measures to ensure that the Enron debacle will never be repeated. Unfortunately, one of the main ideas being considered — requiring companies to treat stock options as expenses on financial statements — addresses an issue that not only had nothing to do with Enron's failure but is, in fact, not a problem at all.

[ The problem is that there needs to be a clear line between the people with 2 million options and those with 2,000. -Rek ]

Leave Options Alone