[FreedomPoster]

But doing the right thing doesn't come cheap. By "expensing" the fair market value of the options, GE will reduce this year's profits by $30 million.

To put this in perspective:

For the quarter ending 3/31/2002

GE's Total Revenue: $30,521,000,000

Net Income $2,503,000,000

Adjust by <$30,000,000> greater expenses under this accounting change.

Adjusted Net Income $2,473,000,000

Obviously not that big of a deal for a GE.

[bimbo]

Obviously not that big of a deal for a GE.

And now GE Stockholders have to ask themselves one question: “ Are the executives worth an extra $30,000,000 every quarter?