Apple’s Stock Option Problems

Backdating of stock options is bad. VERY bad.

Brocade’s ex-CEO can tell you first hand how bad it is. He’s out on $2M bond and if convicted in that mess, might spend time in the slammer.

Question I have is could Steve Jobs go to jail for any of this? Could Gil Amelio go to jail for any of this? Or, “The Deisel”… what was his name? I’m totally drawing a blank. Can see his face and everything… Gotta go to Google real quick, hang on… Thank you Wikipedia.org! Michael Spindler is the name I was hunting. No, I think he predates the problems we’ve heard about. Amelio though… Wouldn’t want to be in his skin right now.

Wonder who Apple has warming up in the bullpen for “just in case” moments like this. Any thoughts out there?

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