Doug Kass, general partner of Seabreeze Partners Management, Inc. and commentator for The Edge Column on Street Insight (subscription required—part of TheStreet.com family), highlighted an excellent article on CNNMoney.com titled Apple reportedly falsified options documents that further speaks to the options scandals (see my earlier post today Executive Compensation & Options). Because of this further mess with options, Apple Computer, Inc. (AAPL) is down about 4.3% to $77.96. I do not have any thoughts on Apple, but it will be an interesting story to watch.
Apple Computer: Options Controversy
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Yesterday I wrote an article that discussed the options problem beginning to brew at Apple Computer, Inc. (AAPL). Today, The Financial Times has an article Apple ‘falsified’ files on Jobs’ options (subscription required) that might prove harmful.... Read More
This article is a follow up to two earlier articles on Apple's option woes here and here. Apple Computer, Inc.'s (AAPL) said the following in its 10-Q filed on 29 December 2006: The independent counsel and its forensic accountants (“Investigative... Read More
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