www.businessinsider.com
You better turn this over to the BC financial analysts for a proper interpretation.Bait and switch? Market in trouble?
Amazon will let employees pledge stock for home loans amid employee frustration over pay
Amazon's move to offer employees the option to use stock to seek mortgages comes as its falling share price is hurting employee compensation.
It’s so interesting isn’t it? I’m caught in the matrix of the sheer concept.
Sounds like an awful idea.
If stock drops do you have to make up the difference? If it goes up or splits do you get a discount or kickback?
No idea but the whole thing sounds like a trap for someone, not to mention the article mentions you get a higher interest-rate right from the get-go.
No more stimy $ coming. Couple of years ago with low rates may have a better chance. I would stay away.
