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Brown Cafe UPS Forum
UPS Partners
New retirement vacation policy
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<blockquote data-quote="Popeye" data-source="post: 3877264" data-attributes="member: 29236"><p>This is very true. According to public records, CFO Bob Clanin and Sales/Markeing Management Committe member John Alden’s UPS holdings increased dramatically in the year or so leading up to the IPO. They appeared to leverage to the max to buy UPS stock.They both retired shortly after the IPO. There was a lot of inside information being shared around the Corporate office. I’m surprised Clanin and Alden didn’t go to jail. Besides the inside traders, the biggest IPO beneficiaries were the staff managers and above who were sitting on a lot of options when the IPO hit. Many of theses same folks were also inside traders of course.</p></blockquote><p></p>
[QUOTE="Popeye, post: 3877264, member: 29236"] This is very true. According to public records, CFO Bob Clanin and Sales/Markeing Management Committe member John Alden’s UPS holdings increased dramatically in the year or so leading up to the IPO. They appeared to leverage to the max to buy UPS stock.They both retired shortly after the IPO. There was a lot of inside information being shared around the Corporate office. I’m surprised Clanin and Alden didn’t go to jail. Besides the inside traders, the biggest IPO beneficiaries were the staff managers and above who were sitting on a lot of options when the IPO hit. Many of theses same folks were also inside traders of course. [/QUOTE]
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