"Apple has admitted that Jobs knew of the backdating, but has said he didn't personally benefit from them and didn't know the practice was illegal."
aren't ethics, legalities and managing a publicly traded company, whose actual bottom line task is to make money for the people who invest in it, supposed to be something that a CEO should be relatively knowledgeable of?
Secondly, and ultimately actions of personnel in senior positions, who do breech ethics or legal lines reflect directly on the CEO, whether he's personally benefiting or not.
Cooking the books is defrauding the share holders, who have far more invested than the executive management or individual board members. Her ass should be thrown in jail, and ALL of that money should be returned, with interest. The other executives who benefited from this little jaunt should be required to pay their bonus's back, as well.
Post: Ok, not to be a dick, but...
bws
Ok, not to be a dick, but... →
Posted Thursday 14th August 2008 23:07 GMT
In Former Apple lawyer to pay $2.2m for cooking books
"Apple has admitted that Jobs knew of the backdating, but has said he didn't personally benefit from them and didn't know the practice was illegal."
aren't ethics, legalities and managing a publicly traded company, whose actual bottom line task is to make money for the people who invest in it, supposed to be something that a CEO should be relatively knowledgeable of?
Secondly, and ultimately actions of personnel in senior positions, who do breech ethics or legal lines reflect directly on the CEO, whether he's personally benefiting or not.
Cooking the books is defrauding the share holders, who have far more invested than the executive management or individual board members. Her ass should be thrown in jail, and ALL of that money should be returned, with interest. The other executives who benefited from this little jaunt should be required to pay their bonus's back, as well.