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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Kip S who wrote (60840)1/17/2007 1:49:05 PM
From: John Carragher  Read Replies (1) | Respond to of 213177
 
murray idea of punishment is maybe a fine? g



To: Kip S who wrote (60840)1/17/2007 2:05:57 PM
From: inaflash  Respond to of 213177
 
"If Mr. Jobs is Punished, Would Holders Suffer?"

It ends with this rather surprising-to-me conclusion (my bold):

If Mr. Jobs participated in backdating options, he should be punished. To let him off the hook would send a terrible signal that some people are exempt from the rules or above the law.

But any punishment that hampers his ability to continue running the company would be a mistake. That is punishing the victim, and only compounds the crime.

So a major WSJ columnist is advocating that if Jobs participated in the backdating, he be punished but not removed. Joe Grundfest, former Chair of the SEC and Stanford law professor advocated the same. WOW.


Recently, I quipped about docking Jobs salary.
Message 23150551

Along the same line, I think this recommendation is a reasonable course of action. Let the SEC punish Jobs by giving him a life sentence at Apple. Like other inmates, he can earn privileges by good behavior. This should not cause any harm to the stockholders/victims and may actually be helpful.

c4vct.com
(classic, but apropos)