Martha Stewart indicment

[graycie]

I found it funny that they had footage of her stock broker sitting on the beach relaxing, while they were showing Martha walking in and out of the courthouse.

The show isn't so bad, I'd rather watch that than get a root canal. I heard she is a B**** to work for though.

[pbzmag]

Originally posted by graycie
I found it funny that they had footage of her stock broker sitting on the beach relaxing, while they were showing Martha walking in and out of the courthouse.

The show isn't so bad, I'd rather watch that than get a root canal. I heard she is a B**** to work for though.

Heard that too. Remember the gardener who didn't prune the way she likes. Not sure if this is true, but I heard that she pinned him against a wall with her car.

[kenndogg]

I always knew she was a complete psycho. behind that curtain of perfection lays a criminal mastermind.

[shartley]

Originally posted by lopxtc
Him or shartley ... figured one of the two.

Aaron

HAAAAAAY!!!!!

[cphilip]

yea I see that polarization. I also hear more "Hear Say" about her than any other woman in that business. I tend to think a lot of it is exagerated somewhat. I really would tend to discount it to some degree. What you have here is a Woman who is smart and forcefull. And doesn't tolerate half way. She wants something done and done right and she will come out and tell you immediately if she is not getting what she wants. Now in a Man in business that would be an admired trait. But because she is a woman its somewhat exagerated into a "B". I think if your Boss was that picky and he was a man you would accept it more than from her. Something to think about. You might disagree but I think it has something to do with it. Many women admire her for her ability and willingness to do what a man would in the business world and to take the risk of polarizing people over that sexist view point of why do it that way. She does it because she wants things done right. And she is the boss. Maybe that style is something she learned from being taken for granted and discounted as a Blond for so many years. Maybe its her way of making sure she is in charge. Maybe it had to be that way for people to respond and do what she wanted them to do.

[graycie]

Originally posted by cphilip
Now in a Man in business that would be an admired trait. But because she is a woman its somewhat exagerated into a "B".

A "man" would be called a A-hole

[wyn1370]

Did anyone hear the one about the limo that tried to turn around in her driveway???

[cphilip]

Originally posted by graycie


A "man" would be called a A-hole

Yea but he would still get more respect for being one and not caring if he was!

[bornl33t]

Cause an A-hole is just an A-hole. A "B" is frustrating aaaaaaaand a A-hole

[1stdeadeye]

Gonna go free but...

The case against her is very weak. So weak in fact that they are going after her for obstruction and not insider trading. I believe right now they are trying to embarass her into cutting a deal. She won't and will eventually be aquitted. Even if conveicted, it is a low grade felony and she is a first time offender. Federal sentancing guidlines will call for something between probation and house arrest.

I am not Martha's biggest fan either. However she has been punished enough. Look at her. For a $45,000.00 savings on Imclone, she has lost over 1/2 of a BILLION dollars. Remember that Martha was BILLIONAIRE in the late 90's because of Martha Stewart Omnimedia. Since Imclone broke, she has seen her stock slide in the last 18 months from over $20.00 a share to $10.13 (as of 6/5/03). She owns 61% of the company. Watching her lose all this money over a $220,000 stock trade I think is the best punishment that society can wish upon her!

[davidb]

Insider trading wasn't the only charge. She's also being slapped with obstruction of justice and fraud! She tried to alter e-mails sent to her by her broker before the investigators could look at them. Smart lady! Best bet is that she's guilty as sin.

Before I heard about the other charges, I was kind of leaning toward her side, though I don't like her a bit. My thoughts were, if somebody calls you up and tells you that a stock you own is about to tank, are you supposed to just sit on it and wait for it to happen? And then what happens if you do nothing, the stock somehow does well, and then somebody finds out that you had insider information? Once they tell you, you're damned if you do and damned if you don't!

But there's no excuse for trying to interfere with an investigation.

Edit: Needless to say, 1DE posted while I was typing. Drat him!

[1stdeadeye]

Originally posted by davidb
Insider trading wasn't the only charge. She's also being slapped with obstruction of justice and fraud! She tried to alter e-mails sent to her by her broker before the investigators could look at them. Smart lady! Best bet is that she's guilty as sin.

Again, she was not charged with insider trading. Their wasn't enough evidence of that for the Grand Jury to indict her. She was indicted on 9 counts ranging from securities fraud to obstruction of justice. It is a very weak case!

On the bright side, her stock is still falling!

Edit: Woops! I was typing this while you were editing your post!

[cphilip]

Actually her stock went up today....

and no she was not indicted for insider trading,

And yes the case is more of a publicity stunt to show the Government is cracking the whip on the sleezy stock trading stuff. It's not very much of a case from what I have heard and for some reason the Prosecution feels it needs to release a lot of accusations publicly.

I believe I pointed out an indictment is fairly easy to get. A conviction is much harder. She just might be innocent folks. Her stock broker is a bit more suspect but there is not much there either so far. I would advise you to wait it out and see. Today was the first time the defense got to see what the prosecution had. And she will have the best lawyers money can buy so it better be rock solid case or they will lose it. I am starting to believe they don't realy even care if they convict or not. They just want to make an example for others of how much it will cost to fight it and that alone is a sort of punishment and a public win for the Feds.

You people ever see a Federal white collar crimes prison? I should be so lucky to get sent there. There was one on Eglin AFB in Florida where I grew up and one of my GF's father ran it. That's were Hollerman of Watergate fame was sent. The "fences" surrounding it are white painted lines on the sidewalk. You are supposed to get permission to go outside of them but inside there are Tennis courts and a pool. They can get permission to leave and go shopping, Fishing, Play Golf and such...

[davidb]

Wow, that's harsh. Of course, the ones who are in there probably think it's a living hell.

[pbzmag]

Originally posted by davidb
Wow, that's harsh. Of course, the ones who are in there probably think it's a living hell.

Sad thing is, they are still dealing with insider trading.