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Elan Corporation, plc Message Board

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  • mardermj mardermj Mar 21, 2005 9:08 AM Flag

    Wall Street Journal Online (Mon 5:20am)

    Mr. Bucknum, the BIIB general counsel who quit under fire. The options he exercised Feb 18th included EVERY SINGLE OPTION VESTED, he bailed. Some had been vested for some time, yet not sold them previously even during windows when he was permitted. He had not filed a schedule of "planned sales," as other managers had done..
    ----------------------------------------------
    Ruins what little rep BIIB had, dragged ELN down too.

    What do you call sending all the lawyers to the bottom of the sea?

    A great first step.

 

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