Viacom CEO Dumps $12 Million Worth of Stock Options

Charles Johnsonfollow me on twitter
Sun Sep 19, 2004 at 12:41 pm PDT • Views: 202

On Tuesday, September 14, following Dan Rather’s defiant appearance on the CBS Evening News the night before, Chairman and CEO of Viacom Corporation Sumner Redstone exercised his option to sell 341,500 shares of Viacom stock. (Hat tip: Precise Truth.)

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 Frank says:

My music makes the mind think -- Time magazine Dec.20/93, page 73