Steve Jobs’ Health: Even the SEC Wants to Know More about It

According to a news posted by Bloomberg, Apple is now the subject of an investigation by the Securities and Exchange Commission. One could have thought it is related to some illegal usage of stock options rights, but no. Regulators are trying to determine whether the company misled investors about the health of CEO Steve Jobs, due to two consecutive public announcements. The first positive one during a special event where Steve Jobs was clearly stating that rumors about his health were overestimated. The second announcement came around the MWSF when Steve Jobs wrote to Apple's employees to recently announce he would take a medical leave of absence till June.
Of course the SEC does not want details about Steve Jobs’ health, but rather evaluate if Steve made a rather positive announcement end of 2008 claiming a treatable hormonal imbalance while he already knew that it was more serious and would require him to partially suspend his activities as CEO of Apple.
It is a bit weird that rumors about his private life might have force him to react to avoid exposing it to the public place and now bring the SEC to investigate about it. One can criticize commission’s decision, and such behavior and excessive action by the SEC is seen by many analysts as a way for this authority to try to hide its recent major failure to detect Madoff's alleged fraud, even though it had received credible and specific complaints about the money manager for a least a decade...