First Apple's Chief Executive, Steve Jobs, resigned due to stock option irregularities and now C|Net's CEO, Shelby Bonnie, has resigned for the same, yet more serious, reason. According to Digital Music News, unlike Jobs, Bonnie appears to have been a recipient of the backdated options. Jobs, although not directly involved in the mess at Apple, was aware that it was going on. Now, where have we heard that before? What has happened to integrity in today's world? At times it is almost too depressing and discouraging to even read or hear the news. If politicians and heads of companies aren't the culprits themselves, they know the practice is taking place and yet do nothing.
I suppose it stems from greed and the desire for more and more money, which leads to more and more power, but people like this have to be intelligent individuals. Doesn't it occur to them that they are unlikely to get by with their dishonesty and deception?