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Michelle Leder has awarded the Footnote of the Year:

But in the end, it came down to this post from April 10 on Aaron’s Rent (RNT). As I footnoted at the time, getting the company that you work for to spend nearly $1 million teaching your sons to be race-car drivers as Aaron’s executive Bill Butler did is an interesting use of shareholder money. But calling it an marketing expense really reached a new nadir.

Oh dear lord. Here's the proxy.

Posted by edelfenbein at December 31, 2006 6:12 PM