October 20, 2004

Alan Beller’s Executive Compensation Speech

At our compensation conference today – its actually is still going on right now – Corp Fin Director Alan Beller gave a memorable 45 minute speech on executive compensation that is bound to raise the eyebrows – and sharpen the pencils – of those of you that are responsible for compensation disclosure. Kudos to Alan for speaking out and doing the responsible thing!

Alan mentioned that his speech will be posted on the SEC site in a day or so – you can review the archived video of it on whenever you wish.

There are an overwhelming number of attendees, both here and on the web – and a palatable buzz in the audience here in San Francisco. Very gratifying for six months of hard work and navigating an experiment in video conferencing. Tonight, I drink heavy…or go right to sleep.