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"Apple ‘falsified’ files on Jobs’ options" (Page 2)
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Clinically Insane
Join Date: Mar 2001
Location: yes
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Originally Posted by Kerrigan 
Why do you bring politics into everything? You've attempted to derail this thread a bunch of times, please grow up.
Hi!
P.S. this is a bulletin board on the internet... Not that serious.
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Baninated
Join Date: Oct 2002
Location: In yer threads
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Originally Posted by besson3c
Hi!
P.S. this is a bulletin board on the internet... Not that serious.
Um, that was his point to you besson. 
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Mac Enthusiast
Join Date: Nov 2005
Location: Houston
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Originally Posted by kobi
Not good at all. AAPL is down $2.47 to $79.05 in after hours trading.
Steve's hands aren't as clean as we thought they were.
Between the Steve Jobs news and the stock restatement due on Friday, AAPL is going to take a huge hit.
It's about to get ugly.
I think that is the main issue. I mean, Steve comes across as this geeky, savvy, saviour ... and it really turns out that he was doing some back-handed, underhanded dealings.
Even Apple's board of directors has said that he knew of the backdating, although if they are saying that now, didn't they know as well...?
But I digress ...
My mother has an old saying ... What doesn't come out in the wash, will come out in the rinse.
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Professional Poster
Join Date: Jun 2006
Location: "Working"
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Dedicated MacNNer
Join Date: Jun 2004
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Originally Posted by Gossamer
That was an Apple internal probe, not a SEC probe.
No one is indispensable.
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Clinically Insane
Join Date: Oct 2001
Location: San Diego, CA, USA
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Originally Posted by medicineman
That was an Apple internal probe, not a SEC probe.
No one is indispensable.
Steve is more indispensable than most, however.
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Chuck
___
"Instead of either 'multi-talented' or 'multitalented' use 'bisexual'."
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Professional Poster
Join Date: Nov 2004
Location: eating kernel
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Originally Posted by Chuckit
Steve is more indispensable than most, however.
Agreed.
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Signature depreciated.
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Professional Poster
Join Date: Jan 2002
Location: Rochester, NY
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looks like things did blow over.. in one day
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Mac Enthusiast
Join Date: Nov 2005
Location: Houston
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What a difference a day makes. Just yesterday (watching CNBC) it looked like doom and gloom for Apple and Steve Jobs.
Man, that company must have guardian angels on paid retainer!
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Addicted to MacNN
Join Date: Jan 2002
Location: PDX
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Like medicineman said, this isn't over quite yet. That was an internal investigation. Of course they're going to say Jobs is completely innocent. But that doesn't mean that the SEC won't find something different.
But its still something of a relief to know that Apple didn't find anything that was so obviously glaring that would warrant the dismissal of Jobs. Lets hope the SEC findings are similar.
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Posting Junkie
Join Date: Oct 2001
Location: South of the Mason-Dixon line
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the head Enron dude didn't know what was going on either. He's in prison now.
Pleading 'ignorance' when you're the guy in charge is kinda funny. Although the justice system doesn't see it as a defense.
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Clinically Insane
Join Date: Oct 2001
Location: San Diego, CA, USA
Status:
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Originally Posted by Spliffdaddy
the head Enron dude didn't know what was going on either. He's in prison now.
Actually, he died never having gone to prison.
Also, since there seems to be no evidence at all that Jobs profited from this, the case isn't really similar.
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Chuck
___
"Instead of either 'multi-talented' or 'multitalented' use 'bisexual'."
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Mac Elite
Join Date: Sep 2006
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Gotta disagree a wee little bit. Getting into legal trouble with the SEC for fraud, theft, misleading, whatever, is courting disaster. I don't think that any listed, publicly held company like Apple and Jobs can take that risk.
There are obvious exceptions like Enron, but they were headed over the cliff anyway. They got into legal trouble for their stealing ways as the roof was coming down. Apple is on a market run and I can't believe that those stock options would be worth the damage. Look at what happened to AAPL stock in the days that their legal trouble was announced: from 92 to 82 with 900 million shares outstanding of means a change in market value of 9 billion dollars.
That is a lot of money, even to me...
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Posting Junkie
Join Date: Mar 2001
Location: Salamanca, España
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Originally Posted by Chuckit
Steve is more indispensable than most, however.
Indeed 
Steve Jobs is Apple. For now.
V
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I could take Sean Connery in a fight... I could definitely take him.
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Clinically Insane
Join Date: Jun 2000
Location: Union County, NJ
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Well, at least it's over.
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Professional Poster
Join Date: Jun 2001
Location: Northwest Ohio
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Originally Posted by starman
Well, at least it's over.
What?
It's not over. Apple announced their findings and made their earnings restatements. Now the SEC gets to look over Apple's findings and maybe do some investigating on their own and file charges against those responsible. Then when they're done Apple gets to face all the (bullsh*t) class-action lawsuits filed on behalf of "all those poor investors who lost money because of this."
It's FAR from over.
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Clinically Insane
Join Date: Oct 2001
Location: San Diego, CA, USA
Status:
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Who wants to bet the SEC finds that the executives responsible have already cut and run, just like Apple says?
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Chuck
___
"Instead of either 'multi-talented' or 'multitalented' use 'bisexual'."
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Posting Junkie
Join Date: Oct 2001
Location: South of the Mason-Dixon line
Status:
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The responsible executive is Steve Jobs. What is his relationship to Apple?
Last time I checked he still worked there.
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