Version: 2008

Comments on: Report: Apple's Steve Jobs subpoenaed in options case

The SEC isn't investigating Jobs--at least this time around--but they will depose him in their lawsuit against former Apple general counsel Nancy Heinen, according to Bloomberg.

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Yellow journalism
by shadowself September 20, 2007 2:18 PM PDT
"The SEC cleared Apple as a corporation, and didn't file suit against Jobs or any other member of Apple's executive team in April, but they didn't say they never would, either."

Yes, Mr. Krazit, the IRS has not brought any criminal proceedings against you, but they didn't say they never would, either.

Yes, Mr. Krazit, the DOJ has not brought any criminal proceedings against you, but they didn't say they never would, either.

I could go on and on and on. Making such statements is just yellow journalism at its worst.
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Those folks aren't investigating my company
by Tom Krazit September 20, 2007 3:10 PM PDT
There's still an air of uncertainty around Jobs' involvement in this stock-option matter. I'm sorry, but an independent investigation of lawyers hired by Apple clearing you isn't the same as a federal investigative body absolving you of any responsibility.

As far as I know, neither myself nor any of the organizations I run (that's zero, if you're keeping score) are under investigation by the IRS or DOJ for potentially illegal activity. The SEC made a point to clear Apple the corporation in the matter, but not Jobs the CEO.

Apple's defense of Jobs has centered on the fact that he didn't understand the accounting implications of backdating. In April, Fred Anderson came out with a statement that Jobs was indeed informed.

That creates doubt, and this subpoena could actually be a good thing for Apple. The SEC will no doubt ask Jobs about what he knew of Heinen's activities, and if Jobs is officially cleared, they can move on.
Yellow journalism? Give me a break
by ncalishome September 20, 2007 5:33 PM PDT
Considering all the speculation and the fact this is still being investigated this would seem a logical and perhaps important thing for Mr. Krazit to note. Because Apple has cleared Jobs doesn't mean the SEC has.
Teachers' unions don't pull this sort of stunt
by Newspeak finder September 21, 2007 1:41 PM PDT
To paraphrase Mr Steve Jobs own words.

What kind of world is it when you can't get rid of CEO's who have
been breaking the law.
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Teachers unions?
by ckurowic September 21, 2007 1:43 PM PDT
What do teachers unions have to do with it? They are the worst
kind of union out there, besides perhaps the UAW. Notorious for
pulling all kinds of "stunts". Get a clue.
*sigh*
by ckurowic September 21, 2007 1:42 PM PDT
Another useless article by Krazit
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