The SEC Is Getting Closer To Jobs

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."

Jobs could always...

[N8F8]

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

Maybe ...

[PPH]

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

A disturbance in the force

[bl8n8r]

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??"

warning: bad pun ahead

[Tablizer]

SEC could someday require Jobs to resign

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

More options than the iPod...

[bugnuts]

Introducing the iFraud (tm)

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

apple, business, haha

[Dude McDude]

Where's the "haha" tag?

Re:Despite it all

[catbutt]

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.

Re:More Likely than Resignation

[Tickletaint]

"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."

Jobs has nothing to worry about

[commodoresloat]

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.