EXERCISING ONE’S OPTIONS

“When I came to NBCi, I had a number of job options. The employment contract I entered into with NBCi reflected the level of compensation I would get in alternative jobs.”

NBCi CEO Will Lansing, on his multimillion-dollar compensation package, which includes a $4 million loan that NBC’s ill-fated portal plans to forgive, despite the complete, ignominious collapse of its business, TheStreet.com, 9 April 2001

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