Are music industry execs taking stock in exchange for doing deals?

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Rumors are rolling around that various music industry execs were offered AAPL stock (Apple Computer) in “gracious thanks” for the deals put in place for the iTunes music store. Who knows if the truth behind this matter will ever see the light of day. In case anyone is wondering however, the act of accepting personal gifts of stock for doing corporate deals, if not illegal, is arguably highly unethical. The executive holds a fiduciary responsibility to employees and shareholders. Personal gifts call into question just whose best interest it is…read more