Martha Stewart Guilty!
Find a Conversation
Martha Stewart Guilty!
| Fri, 03-05-2004 - 3:11pm |
WOW! I guess I'm surprised Martha Stewart was found guilty on all four counts. I figured she'd get a slap on the wrist, at most. Anyone think she'll do jail time? Is this a *good thing* ?
Cat :)


Pages
She used information that no other investors had so she could sell the stock before the stock's bottom fell out. What she did was hurt the investors who then bought her shares and got clobbered. As a former stock broker she should have known that what she did was wrong, and should never have done it in the first place. She could afford to lose $250,000 where some of the people who may have bought the shares in Imclone that she sold probably could not afford to lose the money that they did. Big difference.
While I certainly agree with that, I still have a much bigger problem wtih the person who gave her the information then I do with her for using that information.
James
janderson_ny@yahoo.com
CL Ask A Guy
defrauded the American people out of billions of dollars as well
as their own employees. These people wound up losing their
entire life-savings in some instances. Enrons, WorldComs, etc.
should pay the ultimate price in regard to punishment, but they
will most likely get a slap on the wrist.
Juror made "false statements".
Isn't this a case of "the pot calling the kettle black"?
Martha Stewart Asks for New Trial, Saying Juror Lied on Questionnaire.
Pages