"how can AMD legally grant options to their senior staff at a penny per share? Where do they account for these compensations in their balance sheet?"
Cut the crap and don't ask these questions or you will be banned. Only Intel's accounting procedures for stock options can be criticized on this board. Whatever AMD dirctors do to steal from the corporate coffers and give unto themselves is perfectly alright and can nevet be called in to question. How dare you.
Re: Where do they account for these compensations in their balance sheet?
Intel's the company that's determined to stop options from being accounted for. AMD's apparently the company that's making it crystal clear why that's such a bad idea.