Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: SmokingJoe
my post was in reply to your post about Microsoft dropping stock options altogether

No, my post was clearly about Microsoft doing backdating and then dropping the practice. Face it, you said "Microsoft didn't do options backdating" which is flat-out false.

I was wrong though. I thought you'd try to weasel out of that statement because the title said "a variation of." You instead tried a different tactic, lying about my posts.

Apple backdating stock options back to YEARS, before the stock options were issued

Evidence required. The one the girl is being prosecuted for was over a month, about the same time Microsoft used to date theirs. Apple's normal backdating practice was within the week.

Microsoft voluntarily stopped the practice and disclosed it.

That would seem to go against your claim that Microsoft didn't do backdating.

The difference between Apple and Microsoft is, Microsoft decided to take charge to cover this pricing of options within the same month they were issued ... Apple had to ubderngo a tough investigation of their far more egregious backdating scam, and be under the threat of SEC charges, before they would do what is right.

Apple ordered its own investigation without being forced by the SEC. Of course you can't do what's right before the investigation is complete, because until then you don't know what is right.

Now about your claims that Jobs settled with the SEC and that Microsoft no longer issues stock options. Care to back those claims, or would you like to try to wiggle your way out of them? Or maybe you could just be honest and admit they were false.

47 posted on 10/28/2009 9:11:11 PM PDT by antiRepublicrat
[ Post Reply | Private Reply | To 45 | View Replies ]


To: antiRepublicrat
The one the girl is being prosecuted for was over a month, about the same time Microsoft used to date theirs.”

Ummm..the SEC is currently pressing charges against TWO ex Apple employees. I have given you links to, over and over again, but you just can't see so good.

“”Microsoft didn't do options backdating” which is flat-out false.’

Dating a stock option within the same month in which the options were issued as Microsoft did, was not something the SEC considered worth launching an investigation into. However, the SEC DID launch a very serious investigation into Apple for options backdating though.
I think the SEC know when a criminal backdating has been done when they see one, like in the case of Apple, and when it's npt been done, as in the case of Microsoft.

Apple ordered its own investigation without being forced by the SEC”

ROFL!
Apple launched their investigation AFYER the SEC had already started investigating them, in an all too obvious, pathetic attempt to fool the SEC into thinking Apple was doing ‘the right thing”. It didn't work. Charges were still pressed by the SEC.
Meanwhile, the SEC never even investigated Microsoft for options backdating, let alone press charges.

50 posted on 10/28/2009 9:31:33 PM PDT by SmokingJoe
[ Post Reply | Private Reply | To 47 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson