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Need legal type to read power of Attorny letters -- here [View All]

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FogerRox Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-28-05 05:41 PM
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Need legal type to read power of Attorny letters -- here
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Diebold filed a lot of transactions with the SEC the last 2 days.
In a nut shell--
1) 2 rounds of options given out -- each dated the 14th & 15th--
why are the wives mentioned on the paperwork for the 15th? What are the implications for bringing the wives in?
2)sharing power of attorney? What does the Power of Attorney letters Mean?3)


This is a list of said transactions, you will see the dates on top are from the 15th--and then the filings dated the 14th come next:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000028823&owner=include

-----

Execs share Power of attorney?--Do I have that right? : Here is the Power of Attorney letter

http://www.sec.gov/Archives/edgar/data/28823/000125418305000013/kjkpoa.htm

In this one the 1st filing from the 14th--you will note that Wally Odell gets 15.282 million in stock options---whoa !!!
http://www.sec.gov/Archives/edgar/data/28823/000125418305000021/xslF345X02/edgar.xml

If you go back to NOV 2nd Wally gets more --another about 34 million.

What I'm curious about is the possible reasons for getting the wives involved, and the Power of Att. Seems to be a protective thing for the "cabal" @ Diebold.
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