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Apple after the bell 08/10/06: did Jobs grant options himself?

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Apple ended the day at $64.07, up 48 cents at the market's close. This is an interesting reaction, as most of today's Apple news has had a negative spin. Even though Steve Jobs takes restricted stock as salary, and not options as some comments on Apple posts here have suggested, investigations are revealing that Steve Jobs presided over the compensation committee that granted the backdated options. Some analysts think bureaucratic layers between Jobs and the people making the decisions will keep him out, but what kind of leader does that portray him as? There could be some very negative PR for Jobs ahead.

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Last updated: November 25, 2009: 07:28 AM

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