Major Apple Shareholder To Withhold Vote For Entire Board (W/Explanation)

Appl e's board of director, including CEO Steve Jobs, has a thorn in its collective side. That thorn comes in the form of the California Public Employee's Retirement System (Calpers), which announced that it will withhold its 1.48 million votes for Apple's entire board of directors because the board failed to implement a plan to account for stock options as an expense that was approved by shareholders