Linked by Thom Holwerda on Mon 19th Jan 2009 15:25 UTC
Apple Speculation about Steve Jobs' health situation has been a hot topic for a while now, and Bloomberg is jumping on the bandwagon as well - but you have to wonder if there's a limit as to how far journalists should go in order to gain insight into Jobs' health. While his position as CEO of a large publicly traded company puts him on a pedestal, I do believe there are limits to the hight of this pedestal. Bloomberg grossly crossed the line in my book, and Jobs seems to agree with me. "Why don't you guys leave me alone?"
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RE[4]: Wishful thinking
by akrosdbay on Mon 19th Jan 2009 21:42 UTC in reply to "RE[3]: Wishful thinking"
akrosdbay
Member since:
2008-06-09



Well the SEC says otherwise. However, there is absolutely NO LAW against speculating about his health condition. (providing you arent violating SEC policy) Let the media speculate. Or do you expect people to actually NOT talk about something with this big of effects.


The SEC has no specific guidelines for CEO health disclosures. Please point to the specific rules pertinent to the topic at hand.

http://www.madison.com/tct/business/432824

"
Though he declined to discuss Apple specifically, a Securities and Exchange Commission spokesman said there was no explicit requirement that companies disclose their executives' health problems. "But if a health issue is material, the company could have a disclosure obligation," John Nester said.
There is no established legal precedent for the issue. "You can start a healthy debate among securities law practitioners on the topic of disclosure related to CEO health," Stanford University law professor Joe Grundfest said."

It seems the SEC agrees with me.

Edited 2009-01-19 21:51 UTC

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