Thus spake Rosalie B. :
>Dillon Pyron wrote:
>
>>Thus spake Rosalie B. :
>>
>>>Edward wrote:
>>>
>>>>Tom K wrote:
>>>>> Martha was an officer, board member, or something like that on the New York
>>>>> Stock Exchange, performed illegal insider trading, and lied. She profited
>>>>> on information that wasn't released to the investment community. In her
>>>>> position, she knew that it was illegal. Still she did it. And then she
>>>>> lied about it. They got her on lying.
>>>>>
>>>>> Given what was (and is still) going on with a large number of companies
>>>>> (with the likes of Enron, companies defaulting on pension plans, etc.) ...
>>>>> the feds are taking these actions very seriously.
>>>
>>>I don't think that what she did (while it was wrong) was anything like as
>>>terrible as the Enron and other such cases. They are not at all
>>>equivalent.
>>
>>If he hadn't croaked, Lay would be doing some serious time. Schilling
>>got 10 years. That's not the slap on the wrist that Martha got.
>>
>Yes but Lay maintained that he was innocent until the end, and did
>everything he could to delay the punishment, because he had the money and
>resources to do that. She didn't although she could have. I'm sorry he
>died before he got sent to prison, although I know that isn't very
>Christian of me. I feel the same about the personnel director who died in
>a board meeting after he had screwed over a number of employees including
>myself - before I got a chance to figure out an appropriate revenge.
>
>I'm not a particular fan of Martha Stewart BTW (although my husband watches
>her TV show) and I think the whole godmother of the boat thing is useless
>and a bit silly.
Useless? Look at the PR they get. Silly? By all means.
>>>>>
>>>>> --Tom
>>>>>
>>>>
>>>>She learned through her friend at IMClone that the FDA had rejected
>>>>IMClones cancer drug. She sold something like 4000 shares before this
>>>>information was made public and the stock plummeted.
>>>
--
dillon
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