Linked by Thom Holwerda on Tue 9th Jan 2007 14:42 UTC, submitted by alcibiades
Apple "Over the past years, the intrepid duo of James Bandler and Charles Forelle at the Wall Street Journal have helped unearth dozens of examples of options backdating at companies large and small. Their investigations of the dishonest practice have led to the resignation of dozens of top executives and investigations by the Securities and Exchange Commission and federal prosecutors. But the options scandal has never touched a more exciting company than Apple or a more thrilling executive than Jobs."
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Apple's current spin ...
by JoeBuck on Tue 9th Jan 2007 22:56 UTC
JoeBuck
Member since:
2006-01-11

... is that Steve Jobs was awarded backdated options, but he didn't know (this isn't what I say, this is what they say). If this is true, even if Jobs didn't know, he financially benefited. He should return the money to the company and the stockholders. He can afford it and still be a very rich man. That's the solution that would be best for the company and the stockholders, and would come close to justice.

If it turns out that Jobs did know about it it's another matter entirely.

RE: Apple's current spin ...
by Chicken Blood on Wed 10th Jan 2007 03:29 in reply to "Apple's current spin ..."
Chicken Blood Member since:
2005-12-21

Did you not read the article? Steve never benefitted from the backdated options.

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