News today that Apple Computer, after an internal review uncovered "irregularities'' in stock option grants to Chief Executive Steve Jobs and others from 1997 through 2000. Ooops! The disclosure makes Apple -- which ranks as the fourth-biggest high-tech company in Christendom -- one of the most prominent U.S. companies implicated in the growing national scandal over how companies priced stock options. The World famous maker of Macintosh computers and iPod’s said it discovered the suspect grants after the company launched an internal review by a special committee of Apple's outside directors and independent counsel. (OK, and I wonder what brought that bit of navel gazing about?) The Securities and Exchange Commission has been notified, Apple said. Jobs received one of the grants under scrutiny, but that grant ``was subsequently canceled and resulted in no financial gain'' for Jobs, Apple said. Well, yes, he is richer than Croesus, so why would he need to be involved in those kind of shenanigans? Sorry, dumb question! ``Apple is a quality company, and we are proactively and transparently disclosing what we have discovered to the SEC,'' Jobs said in a news release. ``We are focused on resolving these issues as quickly as possible.'' Right on Steverino… That’s good enough for me!
Just cut it out Steve... OK?
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