If its an option that’s hardly confiscation. I went to the link and read it.
That would be like saying selling US treasuries are confiscation.
US treasuries have been booming the last few years because Uncle Sam can create $$$ to return the principle after a crash, hedge funds wont do that. They say ‘sorry your life savings are gone again, better luck next time. No one could have predicted this’
But if Obama is doing it outside a law passed, there is a question as to if the worker/saver is legally entitled to their $$$ back.
Be skeptical of putting trust in exec actions.