Is Steve Jobs Untouchable?

Discussion in 'MacBytes.com News Discussion' started by MacBytes, Jan 4, 2007.

  1. MacBytes
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    macrumors bot

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    #1
  2. 840quadra
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    840quadra

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    Almost a repeat of the other article that is out on this subject, and was subsequently posted in the Mac Bytes section. The other article appeared to have more understanding of the history of Apple, but this one goes deep into some of the financials.


    One thing I still don't understand, is if Jobs is found guilty of being involved with this backdating, can they legally remove him from his position ? I am not talking Apple, I am talking the courts.

    I will never try to understand business law, it is almost more clouded and confusing as Tax laws for homeowners!
     
  3. DMann
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    DMann

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    Legality

    If found guilty, the courts might be able to fine him, even impose a
    short prison term, removing him from his position only temporarily.
    Worst case scenario: After a settlement, he would be able to return.
    Only a company can chose whether or not to oust it's leader for criminal
    behavior: Look at Martha Stewart.
     
  4. 840quadra
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    840quadra

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    Thanks for the clarification. It is appreciated :) .
     
  5. painimies
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    No thanks.

    Anyway, I don't think Apple would be so stupid as to fire Jobs under (most) any circumstances.But that's just me.
     
  6. Mac'Mo
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    Mac'Mo

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    Jobs is the modern day capone, the teflon ceo
     

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