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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."

2 of 154 comments (clear)

  1. Elsewhere... by djupedal · · Score: 0, Offtopic

    "Hello, this is Norddest Airways RapidExit Request Hotline, my name is Danielle-Shawnee-Alisa-Moonshine, where do you wish to fly today?"

    "Hi, eh, Moonshine, my name is Steve Jobs and I need a ticket to anywhere overseas, on the next plane out of Dodge - what've ya got?"

    "Yes Sir, Mr. Jobs...let's take a look at the latest departures and see what we have - the next flight, which leaves in 42 minutes, is for Guatemala, via Houston...how does that sound?"

    "...no good - anything direct?"

    "Well, we do have a flight leaving in one hour and fifteen minutes for Abu Dhabi. It is an 18 hour flight with one carry-on and one hand-truck allowed only - how much cash did you intend to take with you?"

    "How much cash? Are you kidding? All of it, of course!"

    "I see. Well, Mr. Jobs, there is a $75,000.00 fee for anything over 28 kilos, which must be paid at the gate, in..."

    "No problem! - Book it!"

  2. And...... by stupor · · Score: 0, Offtopic

    *cues Jaws theme music*

    --
    Do you inspect a roller coaster everytime you ride it?