i Phoney Accounting
Posted January 11th, 2007 by Chip Bok
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Steve Jobs and Apple are in trouble for backdating. Backdating is a complex financial prodecure requiring Mr. Jobs to call old girlfriends.
According to Holman Jenkins of the Wall Street Journal it is a perfectly legitimate business practice. A special 2 man committee, including Apple director and Internet inventor, Al Gore, investigated Jobs and cleared him.
Since executive options come out of the existing shareholders' hide you'd think they'd be pretty steamed about the whole backdating thing. Not. Apple stock rose to record highs.
January 15th, 2007 at 8:51 am
Way to go bonehead! Keep posting ultra right wing crap on the internet and eventually all the idiots will believe it. Al Gore never claimed to invent the internet! He claimed to sponsor legislation that led to what is today the internet.
I miss the days when we had reporters. You know, people who actually checked facts before publishing.
January 15th, 2007 at 9:16 am
Chris, I think you need to check your references. CNN, hardly a contributor of "ultra right wing crap" still has the interview with Al Gore posted in which Al Gore said, "During my service in the United States Congress, I took the initiative in creating the Internet." (Link: http://www.cnn.com/ALLPOLITICS/stories/1999/03/09/president.2000/transcript.gore/index.html)
Please note, he did not say that he sponsored or supported legislation that created or made the internet possible; he claimed to create (or invent, if you will) the internet. That said, yes, we all know what he meant, but what he meant is not what he said. So, please tell me when has any public figure–conservative or liberal–ever gotten a pass for a verbal gaffe?
Ligthen up!