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Here's a story which makes you just shake your head at the audacity of the greed of Corporate America:

Cablevision Systems Corp. awarded options to an executive after his 1999 death, backdating them so that they appeared to have been granted while he was still alive, a regulatory filing revealed.

A newspaper report said the executive's estate was the beneficiary.

The cable operator also improperly granted options to a former compensation consultant, accounting for them as if the consultant were a Cablevision employee, the company said in a filing with the U.S. Securities and Exchange Commission.

The deceased executive was not named in the filing but he was identified by the Wall Street Journal as former Vice Chairman Marc Lustgarten.

Lustgarten, who was 52 when he died of cancer in 1999, was a close confidant of Chief Executive James Dolan and Dolan's father, company founder Charles Dolan, the newspaper said.

Lustgarten's estate was entitled to exercise all his stock options upon his death, the Journal said.

What the f***?
And conservative businessmen want to know why us citizens want closer scrutiny of business?
Geez!!

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