Martha Stewart Guilty!

Avatar for catwoman1977
iVillage Member
Registered: 09-28-2003
Martha Stewart Guilty!
83
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    :)


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iVillage Member
Registered: 09-05-2003
Fri, 03-12-2004 - 10:06am

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.

iVillage Member
Registered: 12-18-2003
Fri, 03-12-2004 - 4:48pm
I wish people would focus on the big corporate executives who

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.
iVillage Member
Registered: 03-18-2000
Thu, 04-01-2004 - 9:38am

Juror made "false statements".


Isn't this a case of "the pot calling the kettle black"?Pinocchio


Martha Stewart Asks for New Trial, Saying Juror Lied on Questionnaire.

 


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