Revamp CEO compensation and the magnitude of stock options -- and the fact that they were not treated as a company expense -- gave execs too much incentive to cut corners to pump up stock prices in the short term.

• 修改首席执行官报酬制度，不被列入公司开支的大量股票期权，诱使公司管理者投机取巧来提高股票的短期价格。