LETTER : A good option for directors
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.May I correct SG Grant's assertion (Letters, 19 February) that directors' share options in newly- privatised utilities would have had no value at the time they were given. On the contrary, had such options been quotable on the Stock Exchange, they would have stood at a premium to existing share prices, as options normally do.
Of course, directors (at no cost) were betting on something approaching a certainty, as the profits could be increased simply by sacking staff.
Ronald Eyres
London NW5
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments