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Ties May Bind Apple's CEO to Board

Stock quotes in this article: INTU , ORCL , AAPL , GAP , GENE  

Updated from 2:40 p.m. EDT

Although the role of Apple's (AAPL Quote) Steve Jobs in the granting of past stock options is still unknown, the CEO may not have been as removed from the process as some analysts believe.

During the period of the grants which are under investigation, the company's board of directors consisted largely of people handpicked by Jobs -- many of whom had significant ties to him or to Apple.

Apple admitted in late June that it had found "irregularities" in several options grants it made between 1997 and 2001, including at least one made to Jobs. ...

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