How Steve Jobs Personally Benefited from Options Backdating at Apple Computer
An examination of the stock options granted by Apple Computer shows that the compnay backdated options and that Steve Jobs benefited personally from the backdating by approximately $83 million. Because he also was the CEO of Pixar during this period, another company that backdated options, Jobs has become a high-profile target of the SEC and Department of Justice investigations. I believe he will have to resign from Apple Computer in the near future.
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May 1, 2007 | Posted by headman
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