Not to be outdone by UnitedHealth and Comverse, cable-TV operator Cablevision Systems admits in a regulatory filing that it granted stock options to a corpse.
The company awarded the rights to purchase thousands of shares to former vice chairman Marc Lustgarten, despite the fact that he died in 1999; the options included provisions that allowed them to pass to his estate.
Thus giving an entirely new meaning to the phrase "working stiff." |  See the video, test your Dumbest knowledge, and check out our 'Sex, drugs, and celebrities' gallery. (more)  Business 2.0's Adam Horowitz and comedian Mo Rocca ponder the stupidity of this tactless treatment of fired workers. (more)  |
