Prominent finance publications like the WSJ and the Motley Fool along with several bloggers have recently taken shots at Google with respect to their decision to re-price a boat-load of employee stock options. Just to review the details, in their last earnings call google management stated that they would offer all employees with options that have strike prices above the current price the ability to trade in those options for new ones with a lower strike price. This affects about 3% of the shares outstanding, and resulted in a one time charge of almost half a billion dollars. The journalist that take issue with this suggest that shareholders […]