Linked by Thom Holwerda on Thu 28th Dec 2006 22:28 UTC
Apple Apple Computer gave Chief Executive Steve Jobs 7.5 million stock options in 2001 without the required authorization of the company's board, the Financial Times reported on Thursday. Records purporting to show that a full board meeting had taken place to approve the remuneration, as required by Apple's procedures, were later falsified, the Financial Times reported, citing people familiar with the matter. The report comes after Apple shares fell as much as 6 percent on Wednesday on a report in legal trade publication The Recorder that federal prosecutors were looking at 'apparently falsified' stock option documents in their probe of Apple's previous grants. Update: Apple released new information about its allocation of stock options on Friday, defending CEO Steve Jobs following speculation that a key document had been forged.
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gregorlowski
Member since:
2006-03-20

Does this mean that Steve Jobs will have to give his next product release presentation from prison? Will they let him wear his usual black turtleneck or will he have to don a prison jumpsuit? Well, he'll probably get sent to some cushy white-collar prison, so they'll probably still let him wear the turtleneck.

Don't know if Bono will be attending the next one to help Jobs' unveil a new custom ipod. It would be cool if they came out with a black+white striped prison-jumpsuit-themed ipod in addition to the U2 ipod and the others.

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