Will the mouse bite the hand it fed?

The LA Times reports today that Steve Jobs may have benefited from backdating of stock options at animation giant Pixar, of which he owned half before Walt Disney bought the company for $7.4 billion in 2006.  The backdating may have inflated the valuation of Pixar, causing Disney to overpay.  Disney has started its own investigation into possible Pixar backdating.

Blawgletter wonders whether Jobs broke the rule against making too much money — about 3.7 billion simoleons in this case.

Barry Barnett

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