Word: totalfina
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...hint that European executives are unduly padding their stock portfolios can still inspire public outrage. In France, polls last year showed that 66% of French citizens wanted to own stock options--until the so-called Jaffre affair exploded. That scandal was sparked by oil giant TotalFina's successful takeover of rival Elf-Aquitaine, and the $35 million stock-option package paid to vanquished Elf CEO Philippe Jaffre to bless the union and walk away. Furious French leftists--who derailed earlier government plans to lower the tax rate on stock-option earnings from 40% to 26%--responded with an unsuccessful campaign...
| 1 |