Steve Jobs, Apple and Fair Disclosure

AppleHow much inform­a­tion should com­pan­ies be expec­ted to make pub­lic on issues like — say — their CEO’s health? Indi­vidual exchanges have their own rules about disclosure.

For example, the NASDAQ says its com­pan­ies: “shall make prompt dis­clos­ure to the pub­lic through any Reg­u­la­tion FD com­pli­ant method (or com­bin­a­tion of meth­ods) of dis­clos­ure of any mater­ial inform­a­tion that would reas­on­ably be expec­ted to affect the value of its secur­it­ies or influ­ence investors’ decisions.” Con­tinue read­ing

Privacy and the media

'Time...What's Next?' by BonnafShould these mat­ters be private?

  • The state of Steve Jobs’ health. Jobs heads a busi­ness val­ued at US$140bn, its stock trades pub­licly on the NASDAQ.
  • The pos­sible extra-marital liais­ons of John Edwards. Edwards is a former Sen­ator, V-P can­did­ate, and ran for the 2008 Demo­cratic Pres­id­en­tial nom­in­a­tion. He is not a cur­rent office holder. His wife is suf­fer­ing from breast cancer.
  • The extra-marital sexual pro­cliv­it­ies of Max Mos­ley. Mos­ley is Pres­id­ent of the Fédéra­tion Inter­na­tionale de l’Automobile which con­trols For­mula 1, a sport fran­chise that makes about US$4bn a year internationally.

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