An editorial in the New York Times  today decries the widening scandal in corporate America over backdated options, noting that over 100 companies are under government investigation or conducting internal inquiries regarding their options practices.  The article goes on to argue…

The final lesson in the six–year saga of former Silicon Valley dotcom investment banking star Frank Quattrone is that persevering against the government pays. Mr. Quattrone, who has consistently maintained his innocence, finally ended his prosecution ordeal today when he…