One interesting question from the bankrupcy of the fiber optic company Global Crossing is what happened to the options owned by former president George H. W. Bush. He earned $80,000 worth of options in lieu of cash from a speech in Tokyo in 1997. If he sold the related shares, which were at one point worth over $14 million, then he could be liable for insider trading charges.
Source: Salon.com, 15 February 2002.
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"Bear left!"/"Right, Frog!" (Kermit and Fozzie, The Muppet Movie)