The Wall Street Journal has the best summary (su cription maybe required) of the A le optio backdating scandal that I have read to date. They take a look at A le's filings and point that that Steve 'recommended the selection of some favorable grant dates,' though he was not involved in the improper backdating of optio which he was granted. The WSJ also talks to a number of experts about what this could mean for A le and everyone's favorite iCEO.I also found out, thanks to this article, that some optio that Pixar granted to employees are also under investigation. Steve didn't receive any of those, but they were all granted while he was CEO of Pixar.
Remember folks, just because A le's internal investigation says that His Stevene has done nothing wrong that doe 't mean that the Feds aren't going to take a look for themselves. This story is far from over.
[via Blogging Stocks]
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