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Is Steve Jobs Untouchable?

Publication Date: 
January 05, 2007
Business Week
Peter Burrows

The article discusses whether Steve Jobs is getting preferential treatment in an investigation dealing with the current stock options scandal. The following paragraph includes a quote by Professor Joseph A. Grundfest explaining the reason for why Jobs might be treated preferentially.

Now all Apple's shareholders can do is hope that regulators prove as forgiving as the board. Says former SEC Commissioner Joseph A. Grundfest, a professor at Stanford Law School: "Steve Jobs is a national treasure, and Apple has to do everything it can to keep him actively engaged. If Martha Stewart can stay at her company, there should be no issue -- even in the worst case -- in designing a structure that keeps Steve Jobs at Apple."