If you are ok with having thousands of people getting their lifetime savings ripped out from underneath them and being left with nothing, you should have no problem with what Jobs did.
Wow, way way off man, this is nothing like Enron's premeditated criminal debacle. Thats not how stock options work. Enron encouraged it employees to invest their actual retirement cash in Enron stock, meanwhile bullshitting the stock higher than it should, thus when reality hit and the stock price tanked, employee's lost their actual retirement money along with it. The shit Jobs did could only affect one year's financial statement from Apple, and has nothing to do with anyones retirement. You can't even point at any hard cash being lost or gained, its all on paper until the options are exercised, which never happened.
Typically an option price is set a little higher than the current stock value
Not in my experience. All the options I was ever issued were set to closing market price on the day of issue. It sounds like Apple was whiting out the issue date and filling in a different date, to make the options more valuable to the owner. Its a stretch to say that could hurt the company or employees financially, its more of an ethics concern, which the SEC watchdogs, and punishes as it sees fit.
That adds up to about half a billion dollars the guy was trying to suck out of the company.
Dead wrong. No offense, but you don't seem to know how stock options work.
