[aculeus]

Accounting question: do the companies that reduced earnings for options when they were granted reverse those charges now that the options are known to be absolutely worthless?

Anyone?

That rule change and “mark to market” are the profession’s disgrace.

[M Kehoe]

Accounting question: do the companies that reduced earnings for options when they were granted reverse those charges now that the options are known to be absolutely worthless?

NO. Go figure.