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The SEC Is Getting Closer To Jobs

Posted by kdawson on from the bigger-fish dept.

Strudelkugel writes "CNN is reporting that Apple's ex-CFO warned Steve Jobs about backdating options. From the article: 'Apple's former finance chief Fred Anderson blamed Apple CEO Steve Jobs for a 2001 stock option grant that was backdated, according to a statement from Anderson's lawyer released Tuesday. The statement was released by Anderson's lawyer, Jerome Roth, after Anderson settled with the Securities and Exchange Commission related to Apple's stock option plan without admitting or denying any wrongdoing.' This is serious business. It is quite possible that the SEC could someday require Jobs to resign from Apple."

9 of 154 comments (clear)

  1. Jobs could always... by N8F8 · · Score: 3, Funny

    Run for President, fix the economy, the political system and world strife then pardon himself. He's got my vote.

    --
    "God fights on the side with the best artillery." - Napoleon, Marshal of France - speaking truth to power
  2. Maybe ... by PPH · · Score: 5, Funny

    ...Jobs can just claim that the backdating was the result of a really badly screwed up DST patch.

    --
    Have gnu, will travel.
  3. A disturbance in the force by bl8n8r · · Score: 2, Funny

    Mac: "PC, I felt a great disturbance in the Force, as if millions of voices suddenly cried out in terror and were suddenly silenced."

    PC: "Oh, that was the door to courtroom slamming shut. There are six Mac users out in the hallway singing Jonestown's Classics..... Hey mac, is this Gatorade??"

    --
    boycott slashdot February 10th - 17th check out: altSlashdot.org
  4. warning: bad pun ahead by Tablizer · · Score: 3, Funny

    SEC could someday require Jobs to resign

    Would he then change his name to "Steven Pinkslips"?

    --
    Table-ized A.I.
  5. More options than the iPod... by bugnuts · · Score: 1, Funny

    Introducing the iFraud (tm)

    Apple is currently negotiating the trademark, reportedly still held by Enron.

  6. apple, business, haha by Dude+McDude · · Score: 1, Funny

    Where's the "haha" tag?

  7. Re:Despite it all by catbutt · · Score: 4, Funny

    The $1 salary is purely symbolic now. A few years ago, of course, Jobs needed the money and the extra dollar a year came in handy.
  8. Re:More Likely than Resignation by Tickletaint · · Score: 5, Funny

    "No, Your Honor, I guess I just see things differently."

    "I'm a misfit. A rebel. A troublemaker. I admit it."

    "I'm not fond of rules. And I have no respect for the status quo."

    --
    Make Slashdot readable! See journal.
  9. Jobs has nothing to worry about by commodoresloat · · Score: 4, Funny

    I think you'll find Jobs' Reality Distortion Field is just as effective on investigators and lawyers as it is on your average computer user.