SEC Investigating Jobs' Heart Attack Story

The Securities and Exchange Commission (SEC) has launched an investigation into whether the false claims that Apple CEO Steve Jobs suffered a heart attack were meant to drive down Apple's pricey stock.

The report appeared early on Friday morning on CNN's, a "citizen journalism" site with stories written and submitted by readers. Such sites have become increasingly popular with news outlets, as everyday people have frequently been on the scene of major events and news scenes and their camera phone pictures were the first images shown from the event.

In this case, it backfired. A story from "Johntw" said, in part, "Steve Jobs was rushed to the ER just a few hours ago after suffering a major heart attack. I have an insider who tells me that paramedics were called after Steve claimed to be suffering from severe chest pains and shortness of breath."

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jay23789d ago

This guy must have 9 Lives.......

Serously, get lost who ever is lying about Steve.

Elven63789d ago

CNN should take a hint from Kotaku about user blogs!

Although I'm not too fond of Apple now a days I don't agree with slander, if this guy was truely "pulling info from his ass" he will probably get hit with a lawsuit and jail time.