Bonus gift stock is a zero-sum gain for insiders and a zero-sum loss for stock investors. The book explains that gift stock compensation is a form of equity skimming that amounts to a Ponzi scheme. Executive stock compensation leads to greedy wealth transfers from widows and orphans. These self-dealing transactions meet the criteria of fraud on the market. No rational well informed person would expose their life's savings to such a scam. Higher stock prices translate into maximization of executive gift stock compensation. Bonus compensation in the form of gift stock has transferred over $100...
Bonus gift stock is a zero-sum gain for insiders and a zero-sum loss for stock investors. The book explains that gift stock compensation is a form of ...