The five defendants face several charges, including identity theft.Apple Computer completed its internal investigation into the way it has granted past stock-options and found 15 cases of improperly backdated grants.
After months of tough negotiations with the Greek state gas utility, Russia's Gazprom has agreed to cut natural-gas prices by around 15%, backdated to last July.
And, given the volume of e-mails many people receive, there is a good chance that, if the attacking e-mails are made to look like spam, or are backdated so that they drop to the bottom of the recipient's in-box, the attack may go unnoticed altogether.All this is no good, of course, if the sender of the attacking e-mails cannot then listen to the computer's hum.
It then backdated the change to 2000-01, as if the failure to consolidate before had been a mere oversight.By most independent assessments the deficit stands at 3-4% of GDP, double what is permitted.
Others, making different calculations of fuel consumption, reckon that the cost could be twice as high.Lorry drivers will benefit from a reduction of 35 centimes per litre in the tax on petroleum products, backdated to January 1st.
A wave of litigation may soon ensue.The core suspicion is that some executives have received gobs of options that were backdated to a particularly propitious moment, making them immediately "in the money".
Under the new deal, workers will receive a 7.5% wage rise backdated to July 1st, plus a housing allowance.Run-up to the run-offA series of polls in Brazil found a narrowing lead for Dilma Rousseff, the chosen successor of President Luiz Inácio Lula da Silva, over José Serra, her opponent in the run-off presidential election due on October 31st.
Analysts think that the tax relief, which will be backdated to January 1st, could save the industry €10 billion ($11.6 billion) this year.Welcome as this will be to many insurers, it may not be enough to put them back on their feet.
But, as the civil complaint against him made clear, Mr Reyes also stood to gain personally.Moreover, even though some bosses do not personally receive backdated options, the backdating of employees' options indirectly increases bosses' compensation by inflating the earnings of a firm.
A subcommittee of Apple's board, which included Al Gore, a former vice-president, cleared Mr Jobs of any misconduct and said that he did not benefit personally from backdating or understand its accounting implications (backdated options should have been treated as a cost).
On the other we have the Conservative Party, or as you would say, socialist".Geoff TaylorPouzols-Minervois, FranceIncentive schemesSIR – I was surprised to read, in your article on backdated options, that Greg Reyes, the former chief executive of Brocade, "made no financial gain from backdating" ("Collared", August 11th).
