Disney's fake Inquiry on Pixar Grants finds that Steve Jobs did no wrong

Disney called off the prop dogs after their face saving investigation cleared Apple boss Steve Jobs of any misconduct in issuing backdated stock options at Pixar. Its a good thing too because had they found that Mr. Jobs was riding dirty, it would be a huge black eye for the entertainment giant and its biggest shareholder. A brief statement by John E. Pepper Jr., Disney’s chairman, did not mention Mr. Jobs by name. But the statement said that “while options were backdated at Pixar prior to the acquisition, no one currently associated” with Disney was involved in “any intentional or deliberate acts of misconduct.” Mr. Jobs, the former chairman and chief executive of Pixar, is now a Disney director and the media company’s largest shareholder, after Disney paid more than $8 billion last year for Pixar. Disney Inquiry on Pixar Grants Finds No Misconduct by Jobs [NYT] Photo: originally uploaded by LiuLiChang via Flickr