Well, it also goes to show that public perception and reputation of a person can be largely at odds with reality. I like Horowitz's story, too, because it shows

Well, it also goes to show that public perception and reputation of a person can be largely at odds with reality. I like Horowitz's story, too, because it shows that even though people can do illegal things, it's very easy to do so with the best of intentions. Given the widespread nature of options backdating at the time, Michelle may have even been under the impression that her proposal was one of the "tricks of the trade," so to speak.