Full frontal disclosure

Several news agencies report that the Securities and Exchange Commission is investigating, inquiring, reviewing, and/or -- my favorite -- "probing" Apple's recent disclosures about the health of its messianic CEO, Steve Jobs. It's not that they "have seen evidence of wrongdoing," an anonymous source explained to Bloomberg. They're just, you know, looking into it. 



I don't know which is more troubling, the notion that the SEC just "probes" people based on hunches, or the specter of future 10K filings being accompanied by health reports detailing the minutia of executive prostate removals and colonoscopies. Perhaps "probe" is exactly the right word. 


In any event, it's nice to know the SEC ship is being righted after that whole Madoff thing. Unless investigative resources are limited, that is. But maybe high-salience investigations are more important to the SEC right now than getting down to the business of rooting out serious criminals.
Presented by

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

The Absurd Psychology of Restaurant Menus

Would people eat healthier if celery was called "cool celery?"

Video

This Japanese Inn Has Been Open For 1,300 Years

It's one of the oldest family businesses in the world.

Video

What Happens Inside a Dying Mind?

Science cannot fully explain near-death experiences.

Video

Is Minneapolis the Best City in America?

No other place mixes affordability, opportunity, and wealth so well.

More in Business

Just In