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The Motley Crew isn't Fooled by AAPL

by cardsbb9 / October 5, 2006 7:11 AM PDT

Those guys over atMotley Fool have some choice words about what came out of Apple today.....

Here is just a sample:

" a bizarre semantic exercise, it simultaneously concluded, "The investigation found no misconduct by any member of Apple's current management team."

"Apple's special investigation unit apparently decided that there was neither harm nor foul, because Jobs "did not receive or otherwise benefit from these grants and was unaware of the accounting implications."

"What a load. Jobs began his life as a programmer. Surely he's capable of doing the basic math that reveals the following simple truth: When you backdate (or springload) options, you hand the recipients potential monetary gains in excess of those they actually deserve."

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