MutualFundWire.com: The Way We Count
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Wednesday, August 14, 2002

The Way We Count


FleetBoston and State Street have both decided to account for employee stock options as expenses, according to an article in The Boston Globe. They will begin doing so for third quarter. Both are members of the Financial Services Forum, which comprises the 18 largest financial services companies in the country. The other members of the forum are joining suit.


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