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Martha Stewart  
User currently offlineVSLover From United States of America, joined Feb 2004, 1897 posts, RR: 22
Posted (10 years 5 months 2 weeks 1 day 1 hour ago) and read 933 times:

was anyone else so upset by the martha stewart ruling last week?

i have been a martha stewart fanatic since my college days, and i was so sad to hear the ruling, and feel the government was really making her the exception rather than the rule.

of course, i know she lied, and should be punished. but still, she wouldnt have lied, had she not been pursued so aggressively by the government.

i also feel bad because she is a 60-year old woman GOING TO PRISON, i mean, thats like my grandmother going to jail! (my parents are really young)

10 replies: All unread, jump to last
 
User currently offlineGarnetpalmetto From United States of America, joined Oct 2003, 5385 posts, RR: 53
Reply 1, posted (10 years 5 months 2 weeks 1 day 1 hour ago) and read 924 times:

Sorry to burst your bubble, VS, but the DoJ is planning on making this the rule rather than the exception. Look at Waksal, and the heads of Tyco and Adelphia. There was so much public outcry over corporate accountability that corporate execs really need to re-examine their business practices. She wouldn't have lied if she hadn't been aggressively pursued? I don't quite understand what you mean by this. She was a former broker, she knew the risks of getting caught with her hand in the cookie jar. If she had been up front with the SEC investigators and admitted to having a little inside info on the Imclone deal, she would have merely been fined. She lied because she was greedy, plain and simple. As for her age, I've seen people older than her sent to much worse prisons than she'll go to. Don't waste your tears on Martha, she got her just desserts.


South Carolina - too small to be its own country, too big to be a mental asylum.
User currently offlineCancidas From Poland, joined Jul 2003, 4112 posts, RR: 11
Reply 2, posted (10 years 5 months 2 weeks 1 day 1 hour ago) and read 917 times:

just because she has loads of money does not mean she should not be punished. she screwed up, and got caught. she needs to face the consequences just like anyone else that made that mistake. the problem is that she'll probably get stuck in some beverly-hills wannabe prison. stick her in rikers or compton for better results!


"...cannot the kingdom of salvation take me home."
User currently offlineVSLover From United States of America, joined Feb 2004, 1897 posts, RR: 22
Reply 3, posted (10 years 5 months 2 weeks 1 day 1 hour ago) and read 915 times:

HAHA, "she got her just desserts"

the thing is she never lied about having received any inside info on imclone--THAT would be insider trading, which she was never a party to, TECHNICALLY, which the government never had a case on. So they shifted to perjury, which she did about the situation re: calls received, orders placed, etc.

So really, imo, the government knew they had no case of insider trading (which they never did) but to clamp down on corpororate execs, they made her a great example for average americans (look at the comments by the one juror aftewards saying they sought to send a message to the average american). Thus, the govt went after her for lies about her involvement, which of course ultimate led to her demise.

but yes, greedy plain and simple. one of my parents was actually in the restaurant the night marthas company went public, and the story of her making them change a channel so she could hear the news about HERSELF is true.

[Edited 2004-03-11 16:50:16]

User currently offlineKBOS From United States of America, joined Nov 2003, 429 posts, RR: 0
Reply 4, posted (10 years 5 months 2 weeks 1 day ago) and read 897 times:

Coming up next on Living.....how to brighten up a dark and dreary cell, next week, cooking on a hot plate.
I'm sure she will have the nicest cell in the joint......



I don't care if the sun don't shine, I do my drinkin in the evening time when I'm in Rhode Island
User currently offlineNorth County From United States of America, joined Aug 2001, 712 posts, RR: 1
Reply 5, posted (10 years 5 months 2 weeks 23 hours ago) and read 888 times:



Don't do the crime if you can't do the time....Don't do it!


She is one tough bird....don't cry for her, she lied to the investigators - she was convicted by a jury and now she will be sentenced for that crime.


User currently offlineGreg From United Kingdom, joined May 2005, 0 posts, RR: 0
Reply 6, posted (10 years 5 months 2 weeks 23 hours ago) and read 885 times:

They'll work out something on appeal.
I dont' see here spending any time in prison.

There seems to be some overriding righteousness on here about her lying to the investigators. I'm not sure many on here wouldn't do the same to save their own hide. So enough, already.


User currently offlineVSLover From United States of America, joined Feb 2004, 1897 posts, RR: 22
Reply 7, posted (10 years 5 months 2 weeks 23 hours ago) and read 880 times:

a bit presumptive on the self-righteous claim greg.

some of us do have absolute values that wouldnt let us even think of telling a lie, ever.

i'm not on my high horse or anything here, i am just saying i never saw the point of lies.

people are of course free to do as they wish.


User currently offlineConcordeBoy From , joined Dec 1969, posts, RR:
Reply 8, posted (10 years 5 months 2 weeks 22 hours ago) and read 872 times:



User currently offlineCfalk From , joined Dec 1969, posts, RR:
Reply 9, posted (10 years 5 months 2 weeks 22 hours ago) and read 866 times:

If she had come clean with it when the FBI and SEC first asked her about it, she would have gotten away with a slap on the wrist, and a requirement to pay a fine (being a civil, not a criminal case). What made it a crime is lying about it to the authorities - shades of Clinton.

But after all the abuses of the 90's, the Justice Department is now ready and willing to throw the book at any corporate shenanigans, and rightfully so. It may take a while, but the former heads of Enron, Worldcom and others are going to jail, and Marth Stewart dug her own grave. The market economy depends on the integrity of the rule of law at all levels, and forcing executives to obey the law above all else will help the economy by increasing public confidence.

Charles


User currently offlineNorth County From United States of America, joined Aug 2001, 712 posts, RR: 1
Reply 10, posted (10 years 5 months 2 weeks 22 hours ago) and read 864 times:


Greg,

I would not lie to a Federal investigator. I would not lie under oath.

You know the old saying - if you sleep with the dogs you will end up with some fleas.

I don't sleep with the "dogs" so to speak, so fortunately I have not ended up with their "fleas"




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