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Financial SkepticAccentuating the caveat emptor with critical commentary concerning investor relations and financial communications. I look at how information is (mis)managed and manipulated thereby creating possible investors losses. |
Bad Apples
Posted on 08/04/2006 00:00 AM | Link | Post Comment
There was and maybe still is a worm in Apple (Nasdaq:AAPL)as they continue to find irregularities in the awarding of stock options. Statements from Sept 29, 2002 may not be relied upon. This spans almost four years. Apple’s recent marketing upsurge may sputter and fizzle as excessive corporate attention is now focused on governance. Executives cannot be marketing clever as they try to fight off civil and perhaps criminal charges. If the problem festered for four years it has to be deep rooted.
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