Sunday, December 17, 2006

Opening Post

Hello all - This Blog is dedicated to a new twist on fantasy sports - the Fantasy CEO game! In effect, it's kind of like Fantasy Football, but instead of drafting players, you draft company CEOs! You then get points not only for how their company performs, in metrics such as stock price and revenues, but also for non-standard metrics, such as ethical behavior. The next posting will define the rules and timeframe for the game.
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Fantasy CEO Rules

Here are the rules: Each team drafts CEOs of Five Fortune 500 companies. You earn points during each calendar year as follows: 1. One (1) point for each percentage point the company's stock increases during the year. You also lose one (1) point for each percentage point the company's stock falls during the year. 2. One (1) point for each 5 percentage points the company's earnings increase during the year. You also lose one (1) point for each 5 percentage points the company's earnings fall during the year. 3. You earn one (1) point for each million dollars of bonus the CEO earned during the year. 4. You lose one (1) point for each 5% workforce reduction the CEO authorized during the year. 5. If the company gets mentioned in the Wall Street Journal for possible stock options backdating, you lose five (5) points. 6. If the company fails its Sarbanes-Oxley testing, you lose twenty (20) points.