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Dump the laundry list…

A summary compensation table should be just that — a summary. So why does the summary compensation table in Atari’s (ATAR) recent proxy have 28 separate footnotes? That’s a full page and a half of footnotes just to figure out how the company is paying its top 5 executives. How many investors does Atari think are really going to take the time to try to make sense of all that tiny print? Perhaps the SEC should consider a new rule: a summary should actually be a summary, not a laundry list.